Gap appeared after trending zone in NHPC Ltd and got filled today . Close is almost at its day’s low. Noted volume is not very high. Looks like an exhaustion Gap signaling reversal. Trend and volume to be monitored in the coming days to confirm
NHPC Exhaustion Gap Trend Reversal 27th dec17
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Stock Analysis
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Bullish View
Bearish View
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Hi,
it is a good example for Exhaustion gap with clear markings.