Data Tested from 2-Aug-2010 to 29 July 2016.

Is gap up a good buying opportunity?

Among the tested 1503 trading days, Nifty gapped up 761 times.

The total of close-open comes out -26454 points on those 761. It's not a good decision to buy on gap up, we should look for short opportunity.

HISTOGRAM

Bin Frequency

-180 15

-160 3

-140 7

-120 29

-100 24

-80 51

-60 65

-40 115

-20 134

0 891

20 83

40 46

60 19

80 12

100 4

120 2

140 1

160 0

180 0

More 0

Among the tested 1503 trading days, Nifty gapped down 742 times.

The total of open-close comes out -19798 points on those 742 days. It's a good decision to sell on gap down.

HISTOGRAM

Bin Frequency

-180 2

-160 2

-140 7

-120 12

-100 27

-80 47

-60 73

-40 93

-20 126

0 911

20 98

40 58

60 27

80 11

100 6

120 0

140 1

160 0

180 0

More 0

Is gap up a good buying opportunity?

Among the tested 1503 trading days, Nifty gapped up 761 times.

The total of close-open comes out -26454 points on those 761. It's not a good decision to buy on gap up, we should look for short opportunity.

HISTOGRAM

Bin Frequency

-180 15

-160 3

-140 7

-120 29

-100 24

-80 51

-60 65

-40 115

-20 134

0 891

20 83

40 46

60 19

80 12

100 4

120 2

140 1

160 0

180 0

More 0

Among the tested 1503 trading days, Nifty gapped down 742 times.

The total of open-close comes out -19798 points on those 742 days. It's a good decision to sell on gap down.

HISTOGRAM

Bin Frequency

-180 2

-160 2

-140 7

-120 12

-100 27

-80 47

-60 73

-40 93

-20 126

0 911

20 98

40 58

60 27

80 11

100 6

120 0

140 1

160 0

180 0

More 0

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