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Gap indicates strength, helps in locating phase of trend.appears due to difference in trading range
Area gap – use candlestick chart, market is trending and takes a sideways in which a gap is visible on day wise. when a gap is formed in non-trending zone then it is area gap.low volume.Trade plan for NIFTY
Area gap bullish trend
Position – Long
Target – 8974
Entry – 8858.9
Stoploss – 8973
Risk – 114 points
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