AMBUJA CEMENTS – RUN AWAY GAP – EQSIS PRO

This topic has 1 reply, 2 voices, and was last updated 8 years, 5 months ago by vivekanand.

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November 1, 2015 at 9:24 PM #13075

Ramanathan Chidambaram
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Rank: Level 3

Run away gap is noticed.

Volume also seemed to be distributed evenly.

Gap seemed to be very high:

previous day closing: 467.9

Next day opening: 207.5

November 14, 2015 at 4:55 PM #13827

vivekanand
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Rank: Level 7

IT IS NOT A RUN AWAY GAP

RECENTLY VOLUME IS HIGH AND NOT EVENLY DISTRIBUTED

SO THE GAP WILL BECOME EXHAUSTION GAP AND TREND REVERSAL WILL HAPPEN. IMMEDIATE TARGET IS 200
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