Runaway gap is observed at INFY on 16 july 2019 with the following conditions.
1.Post breakout, Runaway gap has appeared
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Area gap has not filled in near terms
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The closing point is high point of the day
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High volume noted
, , Runaway Gap
, , Runaway Gap
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@amreentaj
I am not sure that this is a runaway gap but it is a breakout gap. Because break out gap appears when the price gives break out from the trading range. In this case, it is visible.
Runaway gap, as you have mentioned, appears post-breakout gap.
Request you to review again. You may please refer the sample I have attached.
@Suresh Surulimuthu
Thanks for the details.
please find the below observed sinppet.