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From your first SIP to your first short sell — clear explanations, real numbers, and the calculators that turn theory into action.

BEGINNER

Basic Terms

Stock market terms, exchanges, orders, accounts, and settlement basics every Indian investor should know.

Terms you should understand:

Equity / Share / Stock Stock Exchange BSE (Bombay Stock Exchange)NSE (National Stock Exchange)SEBI (Securities and Exchange Board of India)SENSEX NIFTY 50 NIFTY Bank Market Capitalization (Market Cap)Large Cap Mid Cap Small Cap Micro Cap Listed Company Unlisted Company IPO (Initial Public Offering)FPO (Follow-on Public Offer)OFS (Offer for Sale)SME IPO Share Price Face Value (Par Value)Book Value Intrinsic Value 52-Week High 52-Week Low All-Time High (ATH)All-Time Low (ATL)Open Price Close Price Previous Close Day High / Day Low Circuit Breaker / Circuit Filter Upper Circuit Lower Circuit Market Order Limit Order Stop-Loss Order (SL)Stop-Loss Market Order (SL-M)Stop-Loss Limit Order (SL-L)Good Till Cancelled (GTC)Intraday Order Day Order After-Market Order (AMO)Intraday Trading Bid Price Ask Price (Offer Price)Bid-Ask Spread Volume Average Volume Turnover Lot Size Tick Size Price Band T+1 Settlement T+2 Settlement Rolling Settlement ISIN Stock Symbol / Ticker Series (NSE)Demat Account Trading Account 3-in-1 Account DP (Depository Participant)NSDL CDSL Stockbroker Discount Broker Full-Service Broker Sub-Broker KYC PAN Card Aadhaar Nomination (Demat)Joint Demat Account Pledge of Shares Hypothecation of Shares Rematerialization Dematerialization Transmission of Shares Transfer of Shares Off-Market Transfer DIS (Delivery Instruction Slip)POA (Demat Account)Broker Terminal Market Depth Order Book Trade Book Contract Note Fund Transfer (Trading)Margin SPAN Margin Exposure Margin VAR Margin ELM (Extreme Loss Margin)MTM (Mark-to-Market)Margin Call Maintenance Margin

CORE

Fundamental Analysis

Financial ratios, P&L analysis, balance sheets, valuation methods, and corporate events explained.

Terms you should understand:

Fundamental Analysis EPS (Earnings Per Share)P/E Ratio (Price-to-Earnings)Forward P/E Trailing P/E (TTM P/E)PEG Ratio P/B Ratio (Price-to-Book)P/S Ratio (Price-to-Sales)P/CF Ratio (Price-to-Cash Flow)EV/EBITDA Enterprise Value (EV)EBITDA EBIT (Operating Profit)PAT (Net Profit)PBT (Profit Before Tax)Revenue (Turnover / Sales)Gross Profit Gross Profit Margin Operating Profit Operating Profit Margin (OPM)Net Profit Margin (NPM)ROE (Return on Equity)ROA (Return on Assets)ROCE (Return on Capital Employed)ROIC (Return on Invested Capital)Capital Employed Working Capital Current Ratio Quick Ratio (Acid Test)Debt-to-Equity Ratio Interest Coverage Ratio Debt-to-EBITDA Asset Turnover Ratio Inventory Turnover Receivables Turnover Cash Conversion Cycle (CCC)Free Cash Flow (FCF)Operating Cash Flow (OCF)Capex (Capital Expenditure)Depreciation Amortization Goodwill Intangible Assets Tangible Assets Balance Sheet P&L Statement Cash Flow Statement Quarterly Results Analysis Annual Report Auditor's Report MD&A (Management Discussion & Analysis)Related Party Transactions (RPT)Contingent Liability Deferred Tax Consolidated Financial Statements Standalone Financial Statements Promoter Promoter Holding Promoter Pledge FII / FPI (Foreign Institutional Investor)DII (Domestic Institutional Investor)Mutual Fund Dividend Dividend Yield Dividend Payout Ratio Retained Earnings Bonus Share Bonus Ratio Stock Split Reverse Stock Split Rights Issue Rights Entitlement (RE)Ex-Dividend Date Record Date Book Closure AGM (Annual General Meeting)EGM (Extraordinary General Meeting)NCLT IBC 2016 Share Buyback Tender Offer Buyback Open Market Buyback Delisting Voluntary Delisting Compulsory Delisting Merger Acquisition Hostile Takeover Open Offer Demerger Holding Company Subsidiary Company Associate Company Joint Venture Conglomerate

ADVANCED

Technical Analysis

Chart patterns, indicators, candlesticks, price action, and wave theory for active traders.

Terms you should understand:

Technical Analysis (TA)Candlestick Chart OHLC (Open High Low Close)Candlestick Body Wick / Shadow Bullish Candle Bearish Candle Doji Hammer Hanging Man Shooting Star Engulfing Pattern Bullish Engulfing Bearish Engulfing Morning Star Evening Star Three White Soldiers Three Black Crows Spinning Top Marubozu Harami Pattern Piercing Line Support & Resistance Breakout Breakdown Support Becoming Resistance Resistance Becoming Support Trend Uptrend Downtrend Sideways Trend Trendline Channel Moving Average (MA)SMA (Simple Moving Average)WMA (Weighted Moving Average)Golden Cross Death Cross MACD MACD Line Signal Line (MACD)MACD Histogram RSI (Relative Strength Index)RSI Overbought RSI Oversold Stochastic Oscillator Bollinger Bands Bollinger Band Squeeze ATR (Average True Range)ADX (Average Directional Index)DMI (Directional Movement Index)OBV (On-Balance Volume)VPT (Volume Price Trend)Accumulation/Distribution Line CMF (Chaikin Money Flow)Fibonacci Retracement Fibonacci Extension Pivot Points CPR (Central Pivot Range)Head and Shoulders Inverse Head and Shoulders Double Top Double Bottom Triple Top and Triple Bottom Cup and Handle Rounding Bottom (Saucer)Wedge Pattern Ascending Triangle Descending Triangle Symmetrical Triangle Flag Pattern Pennant Pattern Gap Up Gap Down Island Reversal Divergence Bullish Divergence Bearish Divergence Hidden Divergence Ichimoku Cloud Supertrend Parabolic SAR Williams %R CCI (Commodity Channel Index)MFI (Money Flow Index)VWAP (Volume Weighted Average Price)Anchored VWAP Elliott Wave Theory Impulse Wave Corrective Wave Wyckoff Method Accumulation Phase Distribution Phase Mark-Up Phase Mark-Down Phase Price Action Trading Higher High (HH) / Higher Low (HL)Lower High (LH) / Lower Low (LL)Change of Character (CHoCH)Break of Structure (BOS)Order Block Fair Value Gap (FVG) / Imbalance Smart Money Concepts (SMC)Supply Zone Demand Zone Relative Strength (RS)Beta Correlation Time Frame Analysis Multi-Time Frame Analysis (MTF)Backtesting

HIGH RISK

Derivatives F&O

Futures, options, Greeks, strategies, OI analysis, and expiry day trading explained for active traders.

Terms you should understand:

Derivatives Futures Contract Options Contract Call Option (CE)Put Option (PE)Strike Price (Exercise Price)Expiry Date Option Chain Weekly Expiry Monthly Expiry Option Premium Intrinsic Value (Options)Time Value (Extrinsic Value)In the Money (ITM)At the Money (ATM)Out of the Money (OTM)Deep ITM Deep OTM Option Greeks Open Interest (OI)Delta Theta Gamma Vega Rho IV (Implied Volatility)IV Crush HV (Historical Volatility)VIX (India VIX)Change in OI Long Buildup Short Buildup Long Unwinding Short Covering PCR (Put-Call Ratio)Max Pain Assignment Exercise European Option American Option Cash Settlement Physical Settlement Rollover Futures Basis Contango Backwardation Bull Call Spread Bear Put Spread Bear Call Spread Bull Put Spread Long Straddle Short Straddle Long Strangle Short Strangle Iron Condor Iron Butterfly Butterfly Spread Ratio Spread Calendar Spread (Time Spread)Diagonal Spread Covered Call Protective Put Collar Synthetic Long Synthetic Short Naked Option Naked Selling in Options Netting Off Leverage (F&O)Carry Cost SPAN Margin Exposure Margin MTM (Mark-to-Market)Margin Call Physical Settlement in F&O Physical Settlement (F&O)Lot Size Open Interest Analysis F&O Ban Period Weekly vs Monthly Contract Greeks Summary Options Buying vs Selling Expiry Day Strategy Index Options vs Stock Options IV Percentile IV Rank Open Interest in Futures Open Interest in Options

Mutual Funds

Mutual funds, ETFs, SIP, fund categories, risk measures, and AMCs to build a long-term portfolio.

Terms you should understand:

NAV (Net Asset Value)AUM (Assets Under Management)AMC (Asset Management Company)Fund House Fund Manager Expense Ratio Exit Load Entry Load SIP (Systematic Investment Plan)STP (Systematic Transfer Plan)SWP (Systematic Withdrawal Plan)Lump Sum Equity Mutual Fund Direct Plan Regular Plan ELSS (Equity Linked Savings Scheme)Debt Fund Hybrid Fund Index Fund ETF (Exchange Traded Fund)FoF (Fund of Funds)Open-Ended Fund Close-Ended Fund NFO (New Fund Offer)Interval Fund Growth Option Dividend Option (IDCW)Alpha Beta (Funds)Sharpe Ratio Sortino Ratio Standard Deviation (Fund)Tracking Error Rolling Returns XIRR (Extended Internal Rate of Return)CAGR (Compound Annual Growth Rate)Absolute Returns Annualized Returns Risk-Adjusted Returns Portfolio Diversification Correlation (Portfolio)Asset Allocation Rebalancing Core and Satellite Strategy Goal-Based Investing Time Horizon Risk Appetite / Risk Tolerance Inflation Risk Liquidity Risk Credit Risk Interest Rate Risk Duration (Bonds)Modified Duration YTM (Yield to Maturity)Accrued Interest Gilt Funds Liquid Funds Money Market Fund Sectoral/Thematic Fund International Fund Gold Fund / Gold ETF Silver ETF Real Estate Investment Trust (REIT)Infrastructure Investment Trust (InvIT)Portfolio Management Service (PMS)AIF (Alternative Investment Fund)Category I AIF Category II AIF Category III AIF Hedge Fund Private Equity (PE)Venture Capital (VC)Angel Investor Angel Fund Multi-cap Fund Flexi-cap Fund Focused Fund Contra Fund Value Fund Dividend Yield Fund Aggressive Hybrid Fund Conservative Hybrid Fund Balanced Advantage Fund (BAF)Equity Savings Fund Arbitrage Fund Overnight Fund Ultra Short Duration Fund Short Duration Fund Medium Duration Fund Long Duration Fund Credit Risk Fund Banking and PSU Fund Corporate Bond Fund Dynamic Bond Fund Fixed Maturity Plan (FMP)

STRATEGIES

Trading Strategies

Intraday, swing, value, momentum, algo trading methods, plus the discipline that separates winners.

Terms you should understand:

Intraday Trading (Day Trading)Scalping Swing Trading Positional Trading Long-Term Investing Buy and Hold Value Investing Growth Investing GARP (Growth at a Reasonable Price)Momentum Investing Contrarian Investing Algorithmic Trading Hedging Arbitrage Pair Trading

BIG PICTURE

Macro & Economy

GDP, inflation, RBI policy, fiscal policy, the Union Budget, and global market forces that move Indian stocks.

Terms you should understand:

Macroeconomics GDP (Gross Domestic Product)GDP Growth Rate Nominal vs Real GDP GVA (Gross Value Added)Per Capita Income Inflation CPI (Consumer Price Index)WPI (Wholesale Price Index)Core Inflation Deflation Disinflation Stagflation Hyperinflation RBI (Reserve Bank of India)MPC (Monetary Policy Committee)Repo Rate Reverse Repo Rate CRR (Cash Reserve Ratio)SLR (Statutory Liquidity Ratio)Bank Rate MSF (Marginal Standing Facility)Monetary Policy Fiscal Policy Fiscal Deficit Revenue Deficit Primary Deficit Government Borrowing Public Debt Union Budget Direct Tax Indirect Tax GST (Goods and Services Tax)Current Account Deficit Trade Deficit Balance of Payments Forex Reserves Exchange Rate Rupee Depreciation Rupee Appreciation FDI (Foreign Direct Investment)FPI (Foreign Portfolio Investment)FII (Foreign Institutional Investor)Hot Money Bond Yield Yield Curve Inverted Yield Curve G-Sec (Government Securities)10-Year Bond Yield Sovereign Credit Rating Interest Rate Cycle Liquidity in the Economy Money Supply (M1, M2, M3)Business Cycle Recession Economic Slowdown Economic Recovery Boom and Bust IIP (Index of Industrial Production)PMI (Purchasing Managers Index)Core Sector Data Unemployment Rate Consumer Confidence Crude Oil (Impact on India)Commodity Prices (Macro Impact)Gold as a Macro Asset US Fed (Impact on India)US Fed Rate Decision Global Recession Geopolitical Risk Sovereign Bond Sectoral Impact of Rates Rate-Sensitive Sectors Defensive Sectors Cyclical Sectors Economic Indicators (Leading and Lagging)Base Effect Purchasing Power Parity (PPP)Devaluation vs Depreciation Twin Deficit Fiscal Consolidation

GLOBAL

Currency & Commodity

MCX, NCDEX, currency derivatives, forex, gold, crude oil, SGX frameworks, and global indices.

Terms you should understand:

Commodity Market MCX (Multi Commodity Exchange)NCDEX (National Commodity and Derivatives Exchange)Gold Futures Silver Futures Crude Oil Futures Natural Gas Futures Base Metals Agri Commodity Forex (Foreign Exchange)USD/INR Currency Futures Currency Options LIBOR SGX Nifty

COMPLIANCE

Corporate Actions

Dividends, IPOs, SEBI regulations, buybacks, insider trading rules, and compliance every investor should track.

Terms you should understand:

Corporate Action Dividend Declaration Date Ex-Dividend Date Final Dividend Interim Dividend Dividend Reinvestment Bonus Issue Rights Issue Stock Split Capital Reduction ESOP (Employee Stock Option Plans)Buyback Merger & Acquisition Delisting SEBI (Securities and Exchange Board of India)Insider Trading

EXPERT

Advanced Terms

Quantitative finance, behavioral biases, pricing models, derivatives risk, and market microstructure for pros.

Terms you should understand:

Quantitative Finance (QF)Algorithmic Trading (AT)Arbitrage Adverse Selection Agency Problem Efficient Market Hypothesis (EMH)Moral Hazard Weak Form EMH Semi-Strong Form EMH Strong Form EMH Black-Scholes Model Monte Carlo Simulation Value at Risk (VaR)Sharpe Ratio Beta Alpha

INDIA

India Specific

NSE/BSE indices, exchanges, segments, regulations, and platforms unique to the Indian capital market.

Terms you should understand:

NSE SME Platform BSE SME Platform Main Board T2T Segment (Trade-to-Trade)Z Group (BGO)Maharatna GIFT NIFTY NSE SGX NIFTY Midcap 150 NIFTY Next 50 BSE Sensex 30 NSE 500 SEBI SCORES ASBA UPI in IPO T+1 Settlement

Learn Money.Then make it work.

Basic Terms

Fundamental Analysis

Technical Analysis

Derivatives F&O

Mutual Funds

Trading Strategies

Macro & Economy

Currency & Commodity

Corporate Actions

Advanced Terms

India Specific

Learn Money.
Then make it work.