Exhaustion Gap Is observed in HCL-INSYS with below points.

  1. Post Breakout, Gap appeared after a trending zone forming Runaway Gap

2.Post that Exhaustion Gap is formed with  High volume and the gap is filled on the same day.

  1. The closing point is Day’s lower point indicating the termination of existing Trend and the Bearish trend seems to be followed.

 

2 Comments
  1. Suresh Surulimuthu 4 years ago

    @amreentaj Nice Analysis! You are doing a nice job.

  2. Author
    Amreentaj 4 years ago

    Thank You @ssureshi!

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