Industry-specific and extensively researched technical data (partially from exclusive partnerships). Whether you are a business professional or a student, a laptop is a basic necessity for carrying out daily tasks. Unlike desktops, laptops give their owner and operator a much-needed company.

Stay On the Cutting Edge: Get the Tom’s Hardware Newsletter

This list includes options from the latest laptops available today, offering budget laptops, mainstream laptops, ultrabooks, and business laptops. Another brand that offers budget-friendly laptops, including convertible models, is Lava. While the company initially made a name for itself by providing budget-friendly smartphones, it also offers excellent laptops, including Lava Helium and Lava Twinpad models, priced under Rs. 15,000. The Lava Twinpad model has a dual-display feature and can be used as a tablet or a laptop. One of the eye-catching brands to make the most of the Indian government’s push to make local brands relevant again is Micromax. Micromax offers pocket-friendly laptop models powered by either an Intel Atom Quad-Core processor or an Intel Pentium Quad-Core processor.

All of them are driven to gear up manufacturing and bring in supply chains. Mr Vaishnaw noted that companies like HP, Dell, Lenovo, Thompson, Acer, and Asus will be manufacturing laptops under the scheme. There is a discrepancy between the 2009 numbers due to the various sources cited; i.e. the units sold by all ODMs add up to 144.3 million laptops, which is much more than the given total of 125 million laptops. The market share percentages currently refer to those 144.3 million total. Sources may indicate hard drive deliveries to the ODM instead of actual laptop sales, though the two numbers may be closely correlated.

Original design manufacturers (ODMs)

That’s why, despite being the most expensive laptop brand in the market, Apple has sold the most number of laptops in the world. MSI announced its first facility will be built in Chennai, where the India-exclusive Modern 14 and Thin 15 will be built. Lenovo Yoga 3 Pro and Lenovo X51-70 are two bestselling laptop models by the company.

The Acer Aspire series is ideal for everyday users, offering reliable performance at a more affordable price. With loan services, purchasing an Acer laptop becomes a more feasible option. Arguably the best Indian laptop brand, Smartron India has made a name for itself by using cutting-edge technology and offering excellent laptop models.

1. One of the newer entrants in the Indian laptop industry is RDP, which offers thin and lightweight laptops with impressive battery backup.
2. As a result, we can expect MSI to have a massive presence in the Indian laptop market from here on out.
3. The Acer Aspire series is ideal for everyday users, offering reliable performance at a more affordable price.
4. Consider key features like the processor, RAM, and high-quality display for a smooth multitasking experience.

The ‘Made in India’ initiative has provided some much-needed perspective to local manufacturers. Even Indian laptop brands, such as Micromax, Lava, and HCL, have benefited from the renewed interest in locally manufactured or assembled products. Some of the best Indian laptop brands offer laptops at pocket-friendly prices, making them ideal for students and working professionals. Razer is a premium brand that has made a name for itself in the gaming laptop market.

Toshiba-Durable and User-Friendly

There are several advantages of purchasing a laptop from an Indian brand. These laptops are affordable, but you do not have to worry about making the entire payment in one go. By using the Bajaj Finserv Insta EMI Card, you can divide the cost of the laptop into convenient monthly instalments, which you can pay in flexible tenures ranging from 1 month to 60 months months.

HCL laptops are affordable, ranging from Rs. 25,000 to Rs. 50,000, depending upon the specifications and features. The laptops offered by HCL are perfect for students who want a reasonably powerful laptop at an attractive price. One of the newer brands trying to stake its claim as India’s best laptop manufacturers in india laptop company is AGB, which offers premium gaming and business laptops. The company’s Tiara and Orion laptop models have been a massive hit with Indian consumers, as the brand continues to unveil impressive laptop models with excellent specifications. AGB offers high-end laptops with prices on the higher end of the spectrum, but they are excellent laptops to own, whether you are a gamer, a student, or an executive.

1. India is experiencing a rapid surge in high-performance laptop demand, which is the sole reason for MSI’s big push into the Indian market.
2. Some of the best Indian laptop brands offer laptops at pocket-friendly prices, making them ideal for students and working professionals.
3. Samsung’s Chromebook series is known as one of the best-selling laptops in India and helps it to enter the top laptop brands in India list.
4. The top laptop brands in India offer a multitude of options to cater to different user requirements.
5. If you are looking for a laptop with the ultimate user experience and good build quality, Dell can be an affordable option.
6. There is a discrepancy between the 2009 numbers due to the various sources cited; i.e. the units sold by all ODMs add up to 144.3 million laptops, which is much more than the given total of 125 million laptops.
7. Whether you are a business professional or a student, a laptop is a basic necessity for carrying out daily tasks.

It’s important to note that while selecting a laptop, you should consider your specific needs and budget. The best laptop for a student may differ from the best laptop for a professional or a gamer. Therefore, keep in mind your usage requirements while choosing a laptop from the best laptop brands in India. No doubt, Apple laptops are unbeatable when it comes to class and design while Samsung has its significance in the Indian market. Samsung’s Chromebook series is known as one of the best-selling laptops in India and helps it to enter the top laptop brands in India list.

Explore which brand is renowned for its exceptional performance and speed. Consider key features like the processor, RAM, and high-quality display for a smooth multitasking experience. When it comes to choosing the best laptop brand, the task can be overwhelming, especially with the wide range of choices available in the Indian market. The official emphasized that a significant challenge for companies lies in setting up printed circuit board (PCB) manufacturing facilities in India, along with surface mount technology (SMT) lines. Once these facilities are established, the percentage of domestic value addition to devices is expected to increase significantly.

You can also opt for No Cost EMIs while buying the laptop, implying no extra interest on the EMIs. Use the Bajaj Finserv Insta EMI Card to buy your favourite laptop model and walk out with your new purchase. In the world that we inhabit today, technology plays an indispensable role. Laptops, being portable and powerful, have become our constant companions, whether we are working from home, attending virtual classrooms, gaming, or streaming our favourite shows. Aaron Klotz is a contributing writer for Tom’s Hardware, covering news related to computer hardware such as CPUs, and graphics cards. Following discussions between electronics company executives and senior officials from the IT ministry and the Directorate General of Foreign Trade, the government extended the deadline until October 31.

IBall has been offering computer accessories and peripheral devices for nearly two decades, and its CompBook series is arguably the most popular Indian-made laptop model. The brand provides convertible laptops for less than Rs. 15,000, while its CompBook Excelance is regarded by many as the best laptop under Rs. 10,000 price point. One of the newer entrants in the Indian laptop industry is RDP, which offers thin and lightweight laptops with impressive battery backup. RDP’s ThinBook has received excellent reviews from consumers and critics, as it packs 4GB RAM and 32GB eMMC storage and offers a battery backup of more than 10 hours while costing less than Rs. 13,000.

It has a very small real body, long upper shadow, and little to no lower shadow. For a candle to be considered a Shooting Star, it also needs to follow some rules. Firstly, the distance between the top shadow and the opening price should be double the size of the real body. In addition, the next candle must stay below the high of the Shooting Star, and it should close lower than the Shooting Star. If these criteria are present, then we can confidently say that we have Shooting Star on our hands.

Notice how the market is making higher and higher swing lows, and making higher and higher swing highs as well. At some point during the uptrend, the momentum behind price action began to wane. This can be seen by the overlapping price action leading up to the shooting star candle.

The shooting star candlestick also indicates a significant resistance level in the market. The long upper shadow represents a failed attempt by buyers to push an exchange rate higher. It suggests that the exchange rate encountered strong resistance at the upper level of the candle, causing selling pressure to emerge and overpower the buying pressure. This observation might lead a forex trader to anticipate a struggle for the market to sustain upward momentum that can potentially lead to a downside reversal or a period of consolidation. By effectively trading the shooting star candlestick pattern, forex traders can capitalize on potential uptrend reversals, manage their risk and optimize their trading strategies for success. The shooting star candlestick pattern is characterized by a distinct shape that resembles a shooting star.

In the illustration above you can see what the shooting star candlestick appears like. To identify a perfect shooting star candlestick pattern, I will explain this candlestick in three stages. In this post, you’ll learn about the shooting star candlestick pattern’s structure, significance, trading psychology, and trading guide.

The shooting star pattern would provide a more accurate trading signal when it occurs near a resistance level when trading forex. Its appearance, in this case, will imply bulls are exiting the market as they do not expect the price to move above the level. If the price continues to move up and closes above the shooting star highs, it means the uptrend is still intact and that prices are not expected to edge lower as part of the bearish reversal pattern. Such a setup is often referred to as a failed bearish reversal, as bears are overpowered by bulls coming back into the market and pushing the prices higher. Nevertheless, there are cases where the price rises after the shooting star candle emerge.

What is a shooting star candlestick pattern?

Similar to the shooting star, the inverted hammer exhibits a small or nonexistent lower shadow. This pattern signifies a potential bullish reversal in the exchange rate, suggesting a waning strength of sellers and the potential entry of buyers that could potentially lead to an upward correction. If the open, low, and closing prices are almost the same, you can see a shooting star formation that, often interpreted by traders as a sign for a bearish move. The shooting star pattern is a reliable indicator of a bearish reversal, especially when it occurs after a long uptrend.

The Shooting Star formation is considered less bearish, but nevertheless bearish when the open and low are roughly the same. Any information contained in this site’s articles is based on the authors’ personal opinion. The authors of the articles or RoboForex company shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein. However, it’s important to note that the Shooting Star indicator is not infallible. It requires careful interpretation and its subjective nature and potential limitations in different market conditions or timeframes should be taken into consideration. CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.

Why is the Shooting Star important for traders?

Readings above 70 imply market overbought, while readings below 30 assert oversold conditions. We introduce people to the world of trading currencies, both fiat and crypto, through our non-drowsy educational content and tools. We’re also a community of traders that support each other on our daily trading journey. If you are interested in trading using technical analysis, have a look at our reviews of our recommended brokers to learn which tools they offer. Another similar candlestick pattern in look and interpretation to the Shooting Star pattern is the Gravestone Doji.

It holds valuable insights into market sentiment and can signal a potential trend reversal. By learning to identify and interpret this candlestick correctly, forex traders can gain an edge in predicting future exchange rate movements and improve their chances of profiting from them. The shooting star and the inverted hammer are two common candlestick patterns encountered by forex shooting star forex traders and used extensively in technical analysis. Although they share similarities, notable differences exist between these patterns in terms of their formation, appearance, market sentiment, significance, confirmation signals and trade execution. Diagrams of these two single-candle patterns and the general market context in which they appear are shown in the image below.

What does an inverted shooting star candlestick show?

If however the price begins to move in our favor following a short entry, then we will watch the price action closely as it trades within the bearish channel. The exit signal would be triggered upon the price touching the lower line of the bearish channel. So now we have protected the position in case the trade begins to move against us.

If the high of the pattern acts as resistance and the price fails to move up, the level would be considered a strong resistance level. Traders can place short positions at this level with a stop loss order a few pips above the shooting star highs. The bulls or buyers struggle to push prices higher as more bears or short sellers enter the market and place short positions. The high of the long shadow acts as a resistance level, above which bulls struggle to push prices higher as bears enter the market. Consequently, prices start to edge lower as bears appear to be winning the battle.

Is the Shooting Star a reversal indicator?

Japanese candlesticks are a popular charting technique used by many traders, and the shooting star candle is no exception. This article will cover the shooting star reversal pattern in depth and how to use it to trade forex. The candlestick for your chosen forex currency pair would open, close, and find a low at similar price points. In this case, the shooting star could be interpreted as the closer the price points, the tighter the shooting star, and the more likely that the currency pair you’re speculating on will fall. The Shooting Star candlestick formation is viewed as a bearish reversal candlestick pattern that typically occurs at the top of uptrends. Forex, also known as foreign exchange or FX, is the market where currencies are traded.

Investing involves risk regardless of the strategy selected and past performance does not indicate or guarantee future results. Trading leveraged products such as Forex and Cryptos may not be suitable for all investors as they carry a degree of risk to your capital. The bulls, however, could not maintain the price move higher, as sellers came in and overwhelm the buyers with their supply-side orders.

This example also shows a clear increase in volume during the formation of the red confirmation candle that followed the shooting star; this increased the odds of a highly probable bearish reversal. In the example above, we have added a volume indicator to the chart’s lower panel and marked the volume bars directly below the red confirmation candles with ovals. The shooting star is a bearish reversal candlestick that appears after a significant price advance. Therefore, it appears at the top of an uptrend suggesting that the price has peaked and the upward momentum is waning. The shooting star candle and the inverted hammer share a significant attribute. However, they differ depending on when they occur and the trading signal they imply.

Who Can Benefit From Using the Shooting Star Candle?

When novice traders start their Forex trading journey, they get bombarded with all kinds of information related to trading, such as chart patterns, indicators, signals, and more. Among them, one of the most common chart patterns that are https://g-markets.net/ widely used for spotting price reversals is the Shooting Star pattern, but exactly what is Shooting Star? While the candlestick formation implies potential reversal prospects, it cannot be used in isolation to make a trading decision.

• This candlestick pattern is often revealed at the bottom of a downtrend, support level or pullback.
• Once this condition has been confirmed, along with all the requirements for a valid shooting star pattern, then we will prepare for a potential short trade.
• A shooting star pattern is a single candlestick pattern that forms at the end of an uptrend.
• Obviously, we can see that the price action preceding the shooting star was clearly bullish.
• That is to say that the upper wick of this candle is very prominent in comparison to the lower wick.

All of the above shooting star forex pattern set-ups resulted in profitable trades, however it is important to note it is best not to make trading decisions based on a single candlestick. This candlestick guide focuses on how to find and interpret the shooting star candlestick pattern. We also distinguish between the shooting star and inverted hammer candlestick pattern, sometimes referred to as an inverted shooting star. The pattern is significant only after a lengthy growth of the quotations, when the market is overbought. In an ascending movement, the bulls get stuck in a strong resistance level that gives the bears a chance to accumulate forces and push the price down.

Technical Analysis & Forecast September 7, 2023

One such pattern is the Shooting Star, which is a popular candlestick pattern used by forex traders to signal potential reversals in price direction. It is characterized by a small candlestick with a short body and a long upper shadow that extends to at least twice the length of the body. After this sluggish price action higher, we can clearly see that a shooting formation prints on the price chart. Notice that it meets all of the criteria for correctly labeling it as a shooting star formation. Secondly, the upper wick is very prominent, and the open and close are both at the lower end of the range. Shooting star is a bearish candlestick pattern that presents itself after an uptrend.