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GAP seen in trending area indicating a Breakout GAP. It could be a sign of bullish trend
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Stock Ticker – NSE: BPCL – Bharat Petroleum Corporation Ltd. – ENERGY
Bullish Trade plan:
Entry Level 502 Target 511 Stoploss 493
Analyst Rating – :3/5
View Posted on 2019-10-17
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Hi,
Breakout gap occurs when the price action is breaking out of a trading range but here it appeared inside of a trading range. So, it’s an area gap
I feel this is normal ‘Trading Gap’ which is with normal volume.
Thanks Smruti, it’s a area gap.