I’ve assumed here that a trading zone exist between the price values of 169.1 and 144.3. In between this trading range, we see a gap in the low of previous day(10th Aug) and high of the next day(11th of Aug) of 2.2 points. Though, the trade volume is very high on the next day, i.e. 11th of Aug, we won’t make any trade plans here, as we’ve to assume it to be only a ‘suspect’ which can breakout in future. And we see in the chart that, later in course of time this gap is filled as well. Please comment if my assumptions are wrong or if we can make a trade here.
Area Gap – Bank of Baroda
