EQSIS PRO

AXIS BANK – EXHAUSTION GAP

1.  Noticed an Exhaustion Gap on 9th Dec, 2013.

2.  In the trending zone a Breakaway Gap formed on 5-Dec-13.

3.  Subsequently what appeared to be a Runaway Gap got converted into an Exhaustion Gap on 9-Dec-13. The price ended at the days low with high volume.

4.  There was a trend reversal.

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