rrajesh145

Neutral DOJI candle formation in NITTECH

NSE:NIITTECH   None
Neutral DOJI candle formation in daily chart - Long @1970 if breaks PDH else Short @ 1885 when breaks low of PDL
SL should be low of the previous day candle. Min 1:1 else you can keep trailiing your SL as per risk management.
Comment: Reason to choose this trade is, when you switch to lower time frame you can see ascending parallel channel and chances high to give long trade as it is reacting from support line of that pattern.
Trade closed: target reached

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