NATCOPHARM

- A time to be cautious in short and long term

In short term, A Gap down of such wide percent along with huge volumes indicates a climax. This is called as High volume climax day Secondly, A trap is created with high short interest in underlying stock like

In long term, This kind of wide gap also represents muted growth outlook, Internal news being discounted and less interest to be added in portfolio In short, if you are in short term trading, avoid high volume gap down days and exit when stock retraces to fill the gap