Hello mates and respected senior members of Trading View here i am sharing the Daily chart of Piramal enterprises from which i identified a gap trading opportunity in it which it did by earlier two times so mine view is that a gap down area which i mentioned by a circle on daily chart it could be filled again because as earlier two times it gives a close above again on that gap area so we can expect that the gap area again filled by it which you can say identified by the pervious trend which is clearly visible on this chart stop loss must be a close below of gap resistance on daily chart basis. The trade is supported by volume and Bollinger band indicator which i am sharing below by the image. Many regards and Best of luck for your coming trades and investments.
This is not and trade or investment advice. This idea is meant for learning only. Invest your capital at your own risk.
BOLLINGER BAND SUPPORTED CLOSED ABOVE ON UPPER BAND-: