JSWSTEEL open with bearish gap down so create a short position.
Bearish Gap down
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plz same change-
short below – 185.50
target – 175.50
stoploss – 195.50
sir, we see some gap inside the area. its too early to comment about short term direction…
However i have observed short positions added by FII in stock futures (open interest analysis)
sir, this is a gap within the range. Moreover,volume is not so high.
BREAKDOWN GAP needs more volume.