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Area gap observed in trading range. It could be filled in short term.
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Stock Ticker – NSE: SUVEN – Suven Life Sciences Ltd. – PHARMA
Bullish Trade plan:
Entry Level 265 Target 315 Stoploss 215
Analyst Rating – :3/5
View Posted on 2019-12-10
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Hi,
Remember that the area gaps are not always filled.
Alright. In that case how do we place our trade?
If there is a gap, generally that is a signal to stay out of the market because the gap indicates only the strength of the bulls or bears.
Ok, thanks for clarifying Naresh.