Sejal Shah

Its my passion to provide valuable information over internet to people. I provide knowledgeable information to various groups via various articles. I choose this profession with intension to make people aware of facts and give proper guidance in life.

Technical Analysis: Different Types of Single Candlestick Patterns. Definition with Examples

Single Candlestick Pattern Definition: In a single candlestick pattern, there is only one candle to show the trading action for the day. The length of the candle shows the trading implication. The longer a candle is the more will be the selling or buying activity. Similarly, a shorter candle portrays less trading activity. Let us …

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What is Candlestick Chart in Technical Analysis? Definition with Examples

Candlestick Chart Definition: A candlestick chart displays price movements thru plotting of open, high, low, close prices of stock, currency or derivative on the chart. In other words, candlestick chart is designed by merging line chart and bar chart patterns. Candlestick charts are more commonly used in technical analysis of stocks. Now we have understood …

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Technical Analysis: Types of Technical Chart Patterns

The Concept of Technical Charts: The concept of charts has come in existence to summarize the trading action for a certain time-frame. Each trading has mainly four data points: Open (O), high (H), low (L), and close (C). We will denote these four data points with OHLC, commonly known as technical chart pattern. If we …

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What is Technical Analysis? Definition with Examples

Technical Analysis Definition: Before we answer the question, let us know what an analysis called is. Basically, an analysis is a detailed examination of the elements or structure of a particular subject. But, here we will discuss the examination of securities and investment decisions that are majorly categorized into two parts: fundamental analysis and technical analysis. …

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Branches of Accounting or Different Types of Accounting

There are several branches of accounting to maintain accounts at present. Different types of accounting that range from maintaining records, auditing to preparing income tax returns. Accounting professional trend to specialize in one of these field as their career option as accountant. Branches of Accounting (or) Different Types of Accounting: Here we will explain different …

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What is a Balance Sheet? Definition, Format and Example of Balance Sheet

Balance Sheet Definition: In financial accounting, “Balance sheet is a financial statement summary report of an assets, liabilities and equity capital of an individual or a company or an organization at a specific given time”. This provides adequate information to investors, shareholders or a group about the company’s financial strength at given point of time. …

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What is a profit and loss statement or Income Statement? Definition with Examples

Profit and Loss Statement Definition: Under financial accounting, “profit and loss account, statement of revenue or loss, financial performance statement, operating statement, earnings statement, statement of profit and loss, P&L statement, Income statement all this terms refers to Profit and Loss statement of the financial reports”. This statement shows the revenue and expenditures of a business …

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What is a Trial Balance? Definition, Examples and Limitations of bookkeeping

Trial Balance Definition: In Accounting, Trial balance is a consolidated list of all the general ledger accounts of the business. Debit balances of ledger accounts will be listed across debit column of trial balance. Whereas Credit balances of ledger accounts will be listed across credit column of trial balance. Information listed on this statement report is …

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What Is a General Ledger? Definition, Format and Example of General Ledger

General Ledger Definition: In a financial accounting, super set of accounts that summarize records of transactions occurred during a specified period for a business or an organization is called as General Ledger Account. All the credit and debit balances of ledger account should be equal. This information is then used to prepare financial statement of …

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What are Journal Entries? Definition, Format and Examples of Journal Entry

In accounting system, Journal entry consists of transactions which are either a credit or debit transactions. Total of debit and credit journal entry transactions are unbalanced.  Journal entry can record unique or recurring transactions. Therefore, Journal entry transactions directly affect the balances of general ledger accounts. “Journal entry is a method of posting transactions into …

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