Normally, I would not trade in a market that gaps so wide. Main reason would be that the stops will have to be too far away from the entry points. And If I did have to trade, first I would decrease my positions size (as I have done for my calculations) and second I would take quick profits....there was actual profit in all the shares within the 1st 2 hours.
But for the purpose of comparision, I have closed positions towards the end of the day, unless there was a pronounced congestion for 30 mins or more and a then a break out against me like in TCS and Bharti.
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