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GAP is seen with decent volume. Long position can be initiated.
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Stock Ticker – NSE: INFRATEL – Bharti Infratel Ltd. – TELECOM
Bullish Trade plan:
Entry Level 207.2 Target 224.2 Stoploss 190
Analyst Rating – :4/5
View Posted on 2019-11-05
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Nice Spot !
Hi,
Breakout gaps occur when the price action is breaking out of a trading range. Here, in this case, the gap has appeared inside the trading range so, it doesn’t act as a breakout gap