AXISBANK - doji inside an unbroken inside bar - high R/R
In continuation of my earlier view on Axis Bank , the inside bar didn't gave any breakout and formed a perfect doji
doji inside an inside bar signifies indecision and congestion. its like a compresses spring going to be unleashed.
A possible way to make the most out of it would be
in equity or futures
buy above 441
sell below 419
In options
buy a 410 PE and 450 CE
you can put the stop-losses as per your risk appetite and book profits as per your convenience
earlier idea a day before, today doji was formed
Thanks Happy Trading
doji inside an inside bar signifies indecision and congestion. its like a compresses spring going to be unleashed.
A possible way to make the most out of it would be
in equity or futures
buy above 441
sell below 419
In options
buy a 410 PE and 450 CE
you can put the stop-losses as per your risk appetite and book profits as per your convenience
earlier idea a day before, today doji was formed
Thanks Happy Trading
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