Price charts often have blank spaces known as gaps. They represent times when no shares were traded within a particular price range. Normally this occurs between the close of the market on one day and the next day’s open.Area gap occurs in a common area for both sellers and buyers. Area gap has no significance in price movements. Mostly Area gaps occur with low volume, but Area Gaps with high volume are suspicious.
NIFTY TAKES A ‘NAP’
