Viewing 4 posts - 1 through 4 (of 4 total)
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  • #21933
    Fathima Shafi
    Participant
    Rank: Level 5

    SUN PHARMA witnessed a break out gap which appeared in the bearish trending zone. Volume was high during the gap day.

    TRADE PLAN

    • SYMBOL – SUN PHARMA
    • DIRECTION – SHORT
    • ENTRY 744.3
    • TARGET 718.4
    • SL 789.1
    #21937
    Fathima Shafi
    Participant
    Rank: Level 5

    @EQSIS, Can we enter into position after a breakout and runaway gap or is it only to know the trend?

    #21972
    EQSIS
    Keymaster

    Yes this is a runaway Gap, but this cannot be used for trading. Generally Runaway GAP day should be Long One and the close should be Nearer to High(for Bullish)/ Low(for Bearish) to indicates the strength of Runaway…

     

    #31672
    Tr
    Participant
    Rank: Level 4

    If this is Runaway Gap, then can you mark the Breakaway Gap ?

Viewing 4 posts - 1 through 4 (of 4 total)
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