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Markets › Bharti Airtel › Gap down

Indian stock market · price-structure setup

Gap down on Bharti Airtel

On Bharti Airtel the gap down showed up 73 times. The target came first 32% of the time, the stop 58%, and 11% went nowhere within 12 candles.

Counted on Bharti Airtel: daily candles from January 2015 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily2825%61%14%
Hourly4536%56%9%

Bharti Airtel against the rest

ChartsFoundTarget firstStop firstWent nowhere
Bharti Airtel7332%58%11%
All Indian stock market charts4,93835%61%4%
Every market10,85636%61%4%

Year by year

YearFoundTarget firstStop first
2017520%40%
2020333%67%
2022450%50%
2023333%33%
20252627%58%
20262438%62%

The last 8 times

Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.

What the gap down is

Price opened below the previous candle's low. It jumped down between the two candles.

Imagine a shop that shuts at night. While it is closed, bad news spreads about a toy, so when the shop opens, the very first price is already below anything paid the day before. On a chart, a candle that starts below the bottom of the candle before it is called a gap down.

The full gap down lesson, video and quiz ›

Other patterns on Bharti Airtel

Inside bar · Stochastic bearish cross · Spinning top · Stochastic bullish cross · Doji · Volume profile rejection · Volume profile bounce · MACD bearish cross · MACD bullish cross · EMA 9/21 bullish cross · all of them

The gap down elsewhere

Sensex · Nifty 50 · Bank Nifty · Infosys · Mahindra & Mahindra · Coal India · ICICI Bank · Hindalco · State Bank of India · Shriram Finance · Dow Jones · S&P 500 · Nikkei 225 · Sony

Questions

How often does the gap down work on Bharti Airtel?

In 73 cases on Bharti Airtel, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 58%; 11% went nowhere within 12 candles.

What is the gap down?

Price opened below the previous candle's low. It jumped down between the two candles.