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Nikita (SEBI RA)

22nd Oct Β· SEBI-Registered Analyst

Breakaway Gap – Start of a New Trend πŸš€

πŸ“Š The Breakaway Gap forms at the beginning of a major trend and signals a decisive shift in market sentiment. βœ… Formation: 1️⃣ Appears after a long consolidation or sideways phase. 2️⃣ Price gaps up (in uptrend) or down (in downtrend) breaking key support/resistance. 3️⃣ Volume is unusually high during the gap day. βœ… Meaning: Start of a fresh trend β€” smart money entering. πŸ“Œ Example: Stock consolidates β‚Ή720–₹740 range for weeks, then opens gap-up at β‚Ή760 with strong volume and closes β‚Ή780 β†’ Breakaway Gap β†’ trend begins. 🧠 Tip: These gaps often don’t get filled quickly, showing genuine momentum.

JAYBARMARU

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