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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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Random walk

Technical analysis
Also called: Random walk hypothesis

A price series generated purely by chance, in which each step is independent of the ones before it.

In plain terms

Plot 250 coin flips and you get trends, levels, breakouts and a passable head and shoulders. Chart readers cannot reliably tell one from a real series — which is why "it looks like a clean setup" is not evidence.

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Indian stock market glossary · Market Vidyalaya