EQSIS PRO

DRREDDY | RUNAWAY_GAP

A Runaway gap (gap up) is witnessed preceded by a sideways trend at a bullish breakout.

The gap day ‘s close is found at it’s high of the day.

Long position can be placed at the entry price above 4093.7 with the risk as 136.5.

The target calculated is 4230.2 and which is attained in 4 days.

The support breakout volume is seen evenly distributed.

 

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