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If the spot date falls on the last business day of the month in the currency pair then the delivery date is defined by convention to be the last business day of the target month e.g. assuming all days are business days: if spot is at 30 April, a one-month time to expiry will make the delivery date 31 May. This is described as trading "end-end".
A chart pattern or price pattern is a pattern within a chart when prices are graphed. In stock and commodity markets trading, chart pattern studies play a large role during technical analysis. When data is plotted there is usually a pattern which naturally occurs and repeats over a period. Chart patterns are used as either reversal or ...
For example, the price of a share reaches a high of $30.00 on Wednesday, and opens at $31.20 on Thursday, falls down to $31.00 in the early hour, moves straight up again to $31.45, and no trading occurs in between $30.00 and $31.00 area. This no-trading zone appears on the chart as a gap.
Generally, the longer the body of the candle, the more intense the trading. [3] In trading, the trend of the candlestick chart is critical and often shown with colors. Candlesticks can also show the current price as they're forming, whether the price moved up or down over the time phrase and the price range of the asset covered in that time.
It was the first exchange in India to introduce an electronic trading facility. [27] Within one year of the start of its operations, the daily turnover on NSE exceeded that of the BSE. [22] Operations in the derivatives segment commenced on 12 June 2000. [26] In August 2008, NSE introduced currency derivatives. [28]
For example, NASDAQ is open 9:30–16:00 ET and anyone outside of the Eastern Time Zone will have a different trading day (for example, in Vancouver a trading day would run from 6:30–13:00). During the part of the year when North America is on standard time, it would be 17:30–24:00 in Moscow, and in Shanghai it would be 22:30–5:00. [ 3 ]
Muhurat trading is the trading activity in the Indian stock market on the occasion of Diwali (Deepawali), a big festival for citizens of India. [1] Usually, it is held during evening hour and is announced by the stock market exchanges notifying traders and investors of the non-scheduled trading hour.
In India, dates in astrology or religious purposes are written in a year-month-day format. [citation needed] The month-day-year (12/31/1999) in short format, is never used in India except regionally in Bodo. [citation needed] Mondays are the start of the week as per ISO 8601.