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Day 1: Suppose the opening price of a share is 4 and it ended in 16.
Day 2: It gapped down. (Shady deal happened on the night for discussion’s sake. We will discuss the gap later.) at 8 and it ended in 10,
So, on day 2, although it opened down, it ended at a higher price from where it is opened. But if we see the LTP on Day 1, it is higher than LTP on Day 2.
Question – Day 2 is green or red?