Learner_

BNF - GAP up on Monday ?

Long
NSE:BANKNIFTY   NIFTY BANK
Banknifty got stuck in a consolidation zone . the way it kept recovering from days low and getting stuck in upper resistance makes a break away GAP high probability on Monday

A breakaway gap occurs when the price gaps above a support or resistance area , like those established during a trading range. When the price breaks out of a well-established trading range via a gap, that is a breakaway gap.

I hope this timely identification helps someone

Happy Trading
MSK

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