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Retracement is a technical term used in technical analysis, which primarily reflects temporary pullback in an ongoing trend, and should be confused with reversals as retracements are generally short-term in nature, which marks its presence mainly due to the profit booking activities or other short-term opposite sentiments from the initial rally.

Term of the day

Value Fund

What is a value fund? A value fund is a type of mutual fund that aims to invest in fundamentally strong stocks but are undervalued. The fund managers’ in......
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