Base

(redirected from Basant)
Also found in: Dictionary, Thesaurus, Medical, Legal, Encyclopedia, Wikipedia.

Base

A technical analysis tool. A chart pattern depicting the period when the supply and demand of a certain stock are in relative equilibrium, resulting in a narrow trading range. The merging of the support level and resistance level.

Base

In technical analysis, a situation in which the support level and the resistance level are roughly the same for a given (usually long) period of time. That is, a base occurs when a security trades only in a very narrow range. A base indicates that the supply and demand for a security are at an equilibrium. This means that the security is unlikely to be bullish or bearish in the near future.
References in periodicals archive ?
Retired teacher Basant Das Nagle tried to lodge a complaint with Haryana's Barwala Police Station after his wife, Dwarka, went " missing" during a visit to the Satlok Ashram in February 2014.
I have come here to take holy dip on the occasion of Hindu festival, Basant Panchmi.
A tour of stately Patiala entertains with trivia of this sort and Basant or spring is the perfect season to visit it.
We came specially for Holi and Basant celebration with our Pakistani brothers and sisters.
Dana Gas started its first production from the recent gas and condensate Al Basant discovery in the West Manzala Concession in the Nile Delta region of Egypt last month.
The ban was lifted about a month ahead of Basant, an annual festival that heralds spring and is marked by flying colourful kites in Punjab and its capital Lahore.
Robert Groves, aged 27, of Basant Close, Warwick, had been due to be sentenced at Mid Warwickshire Magistrates' Court on Tuesday after pleading guilty to more than 40 thefts over the past few weeks.
The kites were flown in scattered parts of the city in defiance of the ban at the start of the two-day Basant holiday.
SAN FRANCISCO -- First Republic Bank, a leading private bank and wealth management company, today announced that Basant Kedia has joined First Republic as Senior Relationship Manager in Palo Alto.
Tenders are invited for Misc Civil Repair Works And Works To Seal Water Seepage Of Staff Quarters In Po Bldg At Dimc Basant Lok New Delhi
Rawalpindi -- Despite ban on Basant, basant night as well as sale of kite and kite flying continues unabated in the city.
Se basant sur la description fournie par la victime, les elements des services de la police judiciaire ont interpelle la voleuse le jour meme.