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Gapfill

DMART - Gap fill Strategy 1: Short below 1980 (sustained below on the 15 min chart) for T1: 1955, T2: 1900 with SL at 2020 Strategy 2: Short below 1955 (sustained on the 5min chart) for 1900 with SL at 1980 (For choice of trade entry levels - check the hourly chart) Long term Investing Idea - The stock is at a attractive price point around the 1900s. Expected to rebound up pretty quick after the gap fills. I would go long on August 2000CE, in the 1800-1900 zone on signs of reversal
NSE:DMARTShort
by raj_rishav
GAP TRADE "GAPS ALWAYS GET FILLED" - If not tomorrow, may be sooner or later - WAIT FOR THE PRICE ACTION! Hope all you witnessed the glenmark story. If for any reason (profit booking or short retracement) stock breaks 900 level again, it can see a sharp fall towards downside to fill the gap. RSI confirms the overbought zone. Do not be in hurry! wait for some good price action as it can spend some more time and then break. NOTE: Trade with caution. It may be result into a runaway gap! Disclaimer: Take this view only for educational purpose. Trade on your own risk. Happy trading!
NSE:INFYShort
by rahuljaiswal1580
6
Reliance Short opportunity almost 344 points CMP : 1588.80 Gap occurred ( Facebook Deal) and not filled yet and going higher high. No doubt, Its true reliance outperformed, but their earning report is coming in a couple of days (17th July). Hope that will crash the price and make it fill the gap and attract more buyers to buy that level. Thats what technical says. Hanging man appears @ Weekly TF at resistance level. Can buy a OTM PUT in July Expiry trading around Rs.5.25 Lot size 505 x 5.25 = 2650/- is the max risk hence no SL required If want to cut risk, enter below 1550 when the inside trendline is broke. Target low price : 1244
NSE:RELIANCEShort
by srikartiram
1