Anchoring
Risk & psychologyOver-relying on an initial reference point when making subsequent judgements.
"It was ₹900 last year" tells you nothing about what it is worth now.
Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.
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Over-relying on an initial reference point when making subsequent judgements.
"It was ₹900 last year" tells you nothing about what it is worth now.
The convention that fixes where a platform starts cutting the session into bars — at the opening bell, or on the clock hour.
It only matters for bar sizes that do not divide the session. Two hourly charts of the same Indian equity session, one anchored at 9.15 and one on the clock, share no interior candle at all.
An institution allotted shares in a public issue a day before it opens to everyone else, at a price fixed in advance.
Read the names, not the amount. Reputable long-only funds anchoring a book is meaningful; a book made up of unfamiliar entities is not.