Kaka's Thumb Rule in Gap Down - Kotak bAnk
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In an uptrend if huge Gap down in any scrip and if it sustains above Open then buy with Day's Low SL.
Kotak Bank Today open with Gapdown.
CMP 1878
SL 1862 (todays open and also Low)Kaka's Thumb Rule - dont short above open & dont buy below open.
at EOD following possibilities in Kotak Bank - VAVO Chavi (if cls > 1862) or Kick chavi (if cls > 1886.5) and Gangotri Chavi (if cls > 1937)