Range in technical analysis refers to the difference between the highest and lowest prices of a financial instrument, such as a stock or currency over a specified period of time. This is an important factor for traders and investors in determining the volatility of a particular security and identifying potential trends as well as support/resistance levels.
When a stock has a high price of Rs. 100 and a low price of Rs. 60 over the course of a week, its range for that week would be Rs. 40. A stock with a larger or a bigger range is usually considered to be more volatile than one with a smaller range. On the other hand, a security or a stock with a small or a narrower range may indicate that it is trading in a tight range or experiencing a period of lower volatility.
A PPF calculator is an online tool that helps you calculate the maturity amount at…
Non-resident Indians are not allowed to open a new PPF account. However, if a resident…
PPF rules do not allow joint accounts. An account can only be opened in the…
After the maturity of the PPF account, you have the option to extend it for…
From the 7th financial year onwards, you can make partial withdrawals from your PPF account.…