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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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Triangle

Technical analysis

A consolidation whose highs and lows converge — ascending with a flat top, descending with a flat bottom, or symmetrical with both sides closing in.

In plain terms

It should resolve in its final third. One that drifts all the way to the apex has dissipated its energy, and the eventual break is far less reliable.

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Indian stock market glossary · Market Vidyalaya