Glossary

The settlement — where buyers and sellers actually agreed.

The primary source for fund data, free of whatever a platform wants to sell you.

Four numbers turned into a shape you can read at a glance.

Enthusiasm at the open met heavy supply, so everyone who bought the gap is already losing. The mirror of the piercing line, and subject to the same overnight-gap caveat.

Control changed hands in a single session, trapping everyone on the losing side.

Sellers pushed price down and buyers took it all back. Bullish — after confirmation.

The clearest demonstration that context supplies all the meaning. The candle is identical to a hammer; only the preceding trend differs, and the implication inverts.

Read it as pause, not reverse. Stalling is followed by continuation at least as often as by a turn — a reason to tighten a stop, not to open a position the other way.

Index membership follows a written rulebook plus judgement, not simply company size.

The same shape as a shooting star, read the other way because of what came before. Cautiously bullish, and worth nothing until the next candle confirms.

One side held control from open to close and nothing was rejected. As with every candle, the preceding context supplies the meaning.

The decline accelerated at the open and was fully absorbed — buyers were waiting for the gap. Indian equities gap often because the market is shut for 17.5 hours, so check whether the whole sector gapped before reading emotion into it.

Buyers ran it up and got sold into. Bearish — after confirmation.

For death and injury there is no ceiling: the award is computed from the deceased’s earnings, prospects, dependants and age, and has nothing to do with the value of your car. Lapse it and that award is enforced against you.

Supply on three separate sessions with no meaningful absorption on any of them. The repetition is the signal, not the size — and after an already extended decline it is as likely to mark exhaustion as continuation.

Emerging from a long dull base it is a trend starting. Arriving after a two-month run, with each candle smaller than the last and upper wicks lengthening, it is the last buyers rather than the first.

The prices that were reached and then rejected.

Treated as a ceiling and behaves like the opposite — at a genuine high, nobody from the past year is underwater to sell into you.

It leaves solvency untouched and hands liquidity to somebody else to decide. A company can be worth far more than it owes on every valuation and still fail on a date.

The only party who can close a premium or a discount by making or unmaking units. Retail investors deal only in the secondary market, which is why the link between price and basket is a trade somebody has to want to do rather than a rule.

The 8:40 local at Dadar with the guard on the door — people can still get off, nobody can board. It lifts only below 80% utilisation, so a rally on falling open interest in a banned name is shorts leaving, not the market forming a view.

Everybody studies barriers to entry. Barriers to exit decide how deep a downturn gets and how many years it lasts, because loss-making capacity keeps running while it covers its cash costs.

Almost nobody reads it, and parts of it are ordinary business facts: attrition, safety incidents and regulatory penalties, filed under an ESG heading.

Free, public data showing who is actually buying in size. Almost nobody reads it.

It generally begins where nobody is looking — rates falling, earnings recovering from a depressed base, valuations low because everybody gave up. Anyone telling you which innings we are in is describing a feeling.

The open is fixed and the extremes only widen, but the close keeps moving — so the body can flip colour and a wick can vanish entirely before the bell. Every candlestick pattern is defined on closed candles.

Nobody restates anything, so the whole effect lands in one year’s growth rate while both years remain individually correct. The revision itself moves no cash.

Stamp duty is charged on the higher of the documented price and this notified value, and the income tax provisions for immovable property key off the same figure — so in a weak local market duty and tax can be computed on a price nobody is actually paying.

The last buyers arriving all at once, which leaves nobody left to buy.

Written to sit above the market so that failing to deliver is never the cheaper option. In an illiquid stock, where auctions most often find nobody, the penal 20% is usually the binding term.

Cheap because the lender is exposed for weeks rather than years. Every rupee of it falls inside the next twelve months, always, and has to be reissued to somebody willing to buy it that week.

High prices invite new supply, which arrives late and crushes prices. Then nobody invests, and it repeats.

A course compresses other people’s lessons. Only time supplies your own, and nobody skips that part by reading about it.

The buying price. The selling price is visible to everybody and gets all the attention, and in most years it is the buying price that actually moved.

A lawful structure with a long social history, and not a bank. Nobody in its supervision is checking whether the deposits can be repaid, and a long clean record is how the later depositors get recruited.

The productive question in any disagreement, because it collapses an argument about a whole company into a single line item somebody can go and check. A position with no crux is a preference, not a view.

The count runs from the due date, not from the day anybody telephoned you, and it does not reset because later instalments are being paid.

Separates real buying from intraday churn. An 8% move on 12% delivery means almost nobody wanted to own it.

Almost nobody calculates it, and the number moves with income for everyone who has not written down what it was for.

The benchmark moves for everybody; your spread was set the day you signed. Lenders compete by cutting the spread on new loans, which is why the bank next door quotes less than your own bank charges you.

This is what finally lets a worthless holding become a claimable loss, and it happens on a date somebody else sets. Keep the order that records it.

Guaranteed loans generally sit in the numerator even while payments are current, which is how one signature for a relative can remove most of your own home loan capacity before anybody has defaulted.

Nobody holds a position inside a gap, which is exactly why it later acts as support or resistance.

No exchange, no reporting requirement, no audit trail, and nobody accountable for the number — which can be moved by the very people who benefit from a heavily subscribed issue. A sentiment reading, and it has been wrong spectacularly.

It is a failure of information flow, not of intelligence. The tell is not loud agreement — it is that nobody has named a specific way the thing could fail.

The useful half nobody trades. It appears in pullbacks and says the trend is resetting, not ending.

Four lines of arithmetic that turn a figure everybody quotes into a question about which note to open. Too low usually means something is being built; too high usually means the year-end debt figure is lower than the debt carried through the year.

On a news day thousands are reading the same headline and almost nobody has read the filing.

The same idea as a harami, measured on the full range rather than the body. A break of the previous bar's high or low becomes the trigger.

Without one there is no definition of managing somebody’s money well, because there is nothing any outcome can be measured against. A few sentences is enough; the absence is what causes the arguments.

The restaurant that is really a cook. It is a disclosed risk factor in Indian annual reports and almost nobody reads that far.

The most reliable observable sign that somebody is in trouble, and unlike profit and loss it can simply be asked about. An opportunity does not get better because you are behind.

An air pocket. Nobody holds a position there to defend or to escape, so price travels through it quickly — useful for setting expectations about speed, not for choosing an entry.

The most informative panel on your broking screen and the one nobody looks at.

It avoids being picked off by a brief intraday spike, and it becomes "let me give it one more day" alarmingly easily. A stop nobody else can see is one you can cancel in silence.

Every rupee it lends was first borrowed from somebody who priced it and can decline to renew. That single fact on the liability side reorganises every ratio on the asset side.

Nobody decides to take a large risk. They take one slightly larger than last time, it is fine, and that becomes the new baseline.

The mechanism that lets you buy from somebody whose creditworthiness you know nothing about. It guarantees settlement, and says nothing at all about the value of what you bought.

It is for a stated proportion of the shares rather than all of them, so it is not a floor under your whole holding. Where the computed price lands above the market the price tends to sit just under it and the daily range flattens; where it lands below, almost nobody tenders and the chart is unaffected.

Cash selling alongside a growing long futures position is a different story from cash selling alongside growing shorts. Published free, read by almost nobody.

The first of the two taxable events, and the one that catches people. You owe cash on a paper gain before you have sold anything — particularly harsh at an unlisted startup where there is nobody to sell to.

The honest answer to "can I actually trade the close". It needs your broker to offer it and somebody on the other side, which in a thin name often means nobody is.

Fifteen minutes, before you buy. The cheapest risk tool available and almost nobody uses it.

New shares are created and sold to somebody in particular, so the count rises while your holding does not. Nothing about it is adjusted on the chart.

A rent holiday with the end date printed in a public notification. Counting the cash is correct; carrying the margin past the tenure quietly assumes a scheme extension nobody has announced.

A target placed on the exchange, not a promise made to you. When the exchange itself halts, no contingency route helps — nothing trades, for anybody, until the session resumes.

Why a cyclical trading well below replacement cost is a real observation — and why nobody builds new capacity at the bottom.

The first six months feel like a holiday. Month seven is where the difficulty starts, and almost nobody plans for it.

The picture of a healthy pullback — shallow, unhurried and unsupported by volume, meaning nobody is willing to sell in size. The falling three methods is the same structure inside a downtrend.

Reads as boilerplate and is frequently specific and serious. Nobody reads it.

Far more honest than a since-inception figure, which usually includes a first year nobody can access now.

Every shortening of the cycle narrows the window in which a counterparty can fail, and so the margin the system must collect. It also removes float somebody was earning on, which is why each change is resisted.

The instrument for preserving the pension count across a gap between jobs. Almost nobody asks for it, which is why the count is usually gone.

Every tedious disclosure rule exists because somebody once lost their savings to its absence.

It catches ordinary family arrangements. An informal loan settled in cash exposes both sides to a penalty equal to the amount, which is an expensive way to do somebody a favour.

It exists so that whoever redeems first cannot exit at a NAV still valuing a bond nobody can sell, leaving the loss with whoever stayed. Any later recovery is paid to the segregated units.

The lender's early-warning ladder before an account turns non-performing. Nobody tells the borrower they are on it, and it is the window in which the widest range of options still exists.

The fourth statement, which almost nobody opens, and the only place the year is laid out reserve by reserve. A translation reserve that has been accumulating for years becomes obvious here and nowhere else.

One checkbox at setup that can roughly double a twenty-year corpus. Almost nobody enables it.

The question that dissolves it: if I held none of this, would I buy it today at this price. Your purchase price is known to you and to nobody else in the market.

The number everybody reads and the one worth least. The assumptions that produced it are the useful part.

In that window the price answers to warehouse stock and delivery logistics rather than to anybody’s view of the commodity, and the participants left in the book are not the ones a chart pattern was learned on.

The tier that cannot be borrowed. Subordinated debt counts towards the second tier and buys growth capacity without diluting anybody, but it never gets you here.

The rule almost nobody uses. It converts dead capital from an invisible cost into a decision.

Thousands of crores sit unclaimed in India — mostly because nobody registered a nomination.

Price moves fast where nobody is and stalls where everybody is. The lookback period determines every level, so anchor it to real structure and then leave it alone.