this should return all visits where the user hit the link (and therefore collected the evarX), but only those hits AFTER the sequence (including the end of the sequence). if you break down this segment by pages, you can see all those pages the users visited after the link click.
remark: a „after sequence“ segment contains only hits starting with the last possible hit matching the sequence. see more about sequencial segments here: Building Sequential Segments
prasannjadhav almost everything that you collect as data can be used to filter the traffic in reporting. best would be you ask a new question and give an example, what exactly you are looking for (what users are doing and what question you have).
remark: by "new question" I mean you should start a new forum thread because this one is makred as answered...