After a significant price rise, A runaway gap appeared in the trending zone after breaking out of previous high. The Gap was unfilled for almost 40 days.
NIFTY – RUNAWAY GAP
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Good spot! (Note- While practicing please select the stocks from the nifty 50 instead of choosing nifty index)
After the breakout, if it continues the trend in a certain prior which is called as a runaway gap
Thank You for the pointers.