Exhaustion Gap Is observed in HCL-INSYS with below points.
- 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.
- The closing point is Day’s lower point indicating the termination of existing Trend and the Bearish trend seems to be followed.
@amreentaj Nice Analysis! You are doing a nice job.
Thank You @ssureshi!