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Gapdown

Nifty will troll as investor wealth will fall. EXHAUSTION GAP IN NIFTY. NIFTY 14/04/21 gap will opens higher and closes lower, leaving a large red-colored candle, depicting a tremendous amount of selling. Notice how the price action shown in this chart is trending higher prior to the exhaustion gap, and the gap and following price drop appear to break the most recent trend. Whatever was driving these buyers to purchase the stock at these prices was drawing the attention of many potential investors. Once the price reached its highest level, then it was as if there were simply no more buyers to push prices higher. Corona factor build up fear in investors and people started exiting their position. The principle behind an exhaustion gap is that the number of likely buyers has diminished and sellers have aggressively stepped into the market. The buyers may be largely exhausted implying that the upward trend is likely about to stop as sellers take profits from a previously extended rise in the price of the stock. The exhaustion gap has three particular features. 1. Several weeks or months of upward trend in the share price of a stock. 2. A sizable gap between the lowest price of the day previous and the highest price of the most recent trading day (roughly half the range, or better, of an average trading day for that stock). 3. An above average degree of trading volume taking place on the current day. When these three components all exist in a two-day price pattern, it is usually referred to as an exhaustion gap and technical analysts expect that this signal implies prices will trend lower over the days and weeks ahead. Exhaustion gaps can be difficult to identify and may be easily confused with runaway gaps. EDUCATOIN PURPOSE
NSE:NIFTYShort
by Mantubora
3
#Nifty Trade Setup For Thursday (15th April)As so you see in the chart, that 14550 is a strong Resistance. . In the morning Nifty try to break but failed. But in the last 1 hour Nifty Break that point and goes up. . So for Tomorrow there is simple Strategy. . If Nifty give normal opening, we will 14630 CE. . If Nifty give gap up we will wait for the correction tilln14292 and then buy on dip. . If Nifty give gap down Opening, if Nifty goes below 14250 thene there is a bearish moment. . If it's recover then we will buy after 14450. . You can give your suggestions in comment box. . Learn More Earn More ✌️
NSE:NIFTY
by neerajlalwani081
#Banknifty Chart For 25th March (Thursday)As I told you in the previous charts, Banknifty will cover the gap between 33300 to 33600. . Today Banknifty cover this gap. . After breaking the strong support of Banknifty 33387, Bank Nifty Made green candle. . So on tomorrow, if gap down Opening is happen we will buy CE AT 33400. . If gap up opening is happen, we will buy CE if cross 34360 otherwise we will buy PE. . Banknifty can give the correction if Gapup Opening is happen. . You can give your valuable feedback in comment box.
NSE:BANKNIFTY
by neerajlalwani081