da, what is the stop plan for such trades, due to gap up entry price is higher than the mph. On 29th, price eventually took a dip below entry of 8160-65 upto 8155, where to place stop? BO point i think is 8130.
One option is to reduce position size and keep stop beyond 8130 and then follow usual method as below. But gap up can be bigger, say 50-60+ points and then stop size will be too much vs normal size. Then will you instead look to work entry using intraday with intraday stops initially and hold as swing if it moves and holds?