Trading Class

Markets › Jio Financial Services › Gap up

Indian stock market · price-structure setup

Gap up on Jio Financial Services

On Jio Financial Services the gap up showed up 82 times. The target came first 37% of the time, the stop 57%, and 6% went nowhere within 12 candles.

Counted on Jio Financial Services: daily candles from August 2023 and hourly candles from October 2024.

By timeframe

TimeframeFoundTarget firstStop firstWent nowhere
Daily425%50%25%
Hourly7837%58%5%

Jio Financial Services against the rest

ChartsFoundTarget firstStop firstWent nowhere
Jio Financial Services8237%57%6%
All Indian stock market charts6,20039%54%6%
Every market12,76840%54%6%

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 up is

Price opened above the previous candle's high. It jumped up between the two candles.

Imagine a shop that shuts at night. While it is closed, everyone hears great news about a toy, so when the shop opens, the very first price is already above anything paid the day before. On a chart, a candle that starts above the top of the candle before it is called a gap up.

The full gap up lesson, video and quiz ›

Other patterns on Jio Financial Services

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

The gap up elsewhere

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

Questions

How often does the gap up work on Jio Financial Services?

In 82 cases on Jio Financial Services, the target (1.5 × ATR) came before the stop (1 × ATR) 37% of the time and the stop came first 57%; 6% went nowhere within 12 candles.

What is the gap up?

Price opened above the previous candle's high. It jumped up between the two candles.