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Tagged: SUNPHARMA- BREAKOUT GAP
SUN PHARMA witnessed a break out gap which appeared in the bearish trending zone. Volume was high during the gap day.
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@EQSIS, Can we enter into position after a breakout and runaway gap or is it only to know the trend?
Yes this is a runaway Gap, but this cannot be used for trading. Generally Runaway GAP day should be Long One and the close should be Nearer to High(for Bullish)/ Low(for Bearish) to indicates the strength of Runaway…
If this is Runaway Gap, then can you mark the Breakaway Gap ?
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