If you’re looking to trade a gap down, there are a few things you should keep in mind. First, it’s important to identify the reason for the gap. Is it due to news or earnings? Once you know the reason for the gap, you can make a more informed decision about whether to trade it. If you do decide to trade it, be sure to use stop-loss and take-profit orders to protect your position.
If you’re looking for a stock that has outperformed the market over the past year, Arvind Ltd. (ARVIND.NS) is a good option. The share price of the Indian textile company has hit a 52-week high and is up nearly 50% from its low last year. Analysts are bullish on the stock, with a target price that is nearly 20% higher than the current price.