HDFC- Exhaustion Gap -Bearish – EQSIS PRO

Tagged: HDFC-Exhaustion Gap- Bearish

This topic has 1 reply, 2 voices, and was last updated 8 years, 1 month ago by EQSIS.

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March 21, 2016 at 8:29 PM #21498

Geetha
Participant

Rank: Level 4

An exhaustion GAP appears which opens at high and closes below the previous days low with high volume.

The trend is Bearish and the direction is short.

March 21, 2016 at 10:08 PM #21500

EQSIS
Keymaster

This cannot be considered as Exhaustion Gap, as the open was not significantly higher than previous days high..
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