praveen.bhatiya

Doji at the Supply zone : SAIL short

Short
NSE:SAIL   STEEL AUTHOR INDIA
Doji candle formed at the supply zone suggests a short entry at this level. I would look for a short if it trades below 50.45 level tomorrow with stop loss of the high made in the recent bar. By risking this small Stop loss I would look to take profit 2.5 - 3 times of it. Happy trading!
Trade closed: target reached: I've closed the trade with decent profit.

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