1492 terms

Glossary

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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Corrective wave

Technical analysis

In Elliott Wave, the three-wave A-B-C sequence that runs against the prevailing trend.

In plain terms

The genuinely useful half of the distinction: corrections overlap, chop and consume time, while impulses are clean and one-sided.

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Indian stock market glossary · Market Vidyalaya