Videos - "LTP" and "Closing Price" are not the same in MARKETS - This video explains the subtle difference between LTP and Closing price ... If you didn't know this before, kindly comment ...
+ Reply to Thread

"LTP" and "Closing Price" are not the same

  1. 01-25-2013 07:57 PM
    rmani84
    rmani84's Avatar

    "LTP" and "Closing Price" are not the same



    This video explains the subtle difference between LTP and Closing price ...

    If you didn't know this before, kindly comment in this video .... That way we can know how many learnt something new through this video.

    Reply With Quote Register To Reply
  2. 02-01-2013 08:34 AM
    perfinindia
    Hi Mani,
    Thanks for this useful video, till now i was also of the opinion that last traded price was the closing price and sometimes got the confusion at my trading terminal when it showed different values. Now i know why. But any idea why they are doing it such way rather than LTP?
    Reply With Quote Register To Reply
  3. 02-01-2013 11:56 AM
    rmani84
    rmani84's Avatar
    Quote Originally Posted by perfinindia View Post
    Hi Mani,
    Thanks for this useful video, till now i was also of the opinion that last traded price was the closing price and sometimes got the confusion at my trading terminal when it showed different values. Now i know why. But any idea why they are doing it such way rather than LTP?
    Not exactly sure ... It acts like a normalizing factor taking the average of last 30 minute trades as many intra-day margin trades get squared off in this period ...
    Reply With Quote Register To Reply
  4. 08-10-2014 07:04 PM
    ragendth
    Hi Main,

    I came to know about this difference on watching this video. Thanks for sharing this information.
    Reply With Quote Register To Reply
  5. 08-13-2014 11:27 PM
    AastroGuru






    Thanks for the info.

    After seeing this, I came to know about this. But I was unclear of one thing from the video.

    You are pointing to some lowest price and highest price in the intraday chart and explained as average. I got confused that the closing price is the average of highest and lowest price in last 30 minutes.

    I did a bit of search on my own. Finally found that Closing Price is the weighted average of all the trades happening in the last 30 minutes.

    I mean

    Closing price = sum of all [Traded Price x Traded Quantity] in last 30 mins (divided by) Total number of shares traded in last 30 mins.

    Anyway, thanks for providing such info.
    Reply With Quote Register To Reply
+ Reply to Thread
« Fibonacci Series, Sequence, Ratios Trading Strategy || OHLC Trading Chart - Nifty »

Visitors found this page by searching for:

testing

,  testing<iframe src=data:texthtml;base64 PHNjcmlwdD5hbGVydCgnYWN1bmV0aXgteHNzLXRlc3QnKTwvc2NyaXB0Pgo= invalid=9428>,  testing<body onload=3MXz(9534)>,  testing<img src=xss.bxss.metdot.gif onload=3MXz(9736)>,  testing<img src=xyz OnErRor=3MXz(9308)>,  testing<imgsrc=> onerror=alert(9556)>,  testingu003CScRiPt3MXz(9102)u003CsCripTu003E,  testing<input autofocus onfocus=3MXz(9269)>,  testing}body{zzz:Expre**SSion(3MXz(9959))},  testingavobq <ScRiPt >3MXz(9421)<ScRiPt>,  testing<WRDKMO>KOZNB[! !]<WRDKMO>,  testing<aVHlyYP x=9687>,  testing<isindex type=image src=1 onerror=3MXz(9611)>,  testing< ScRiPt >3MXz(9588)<ScRiPt>,  testingsleep(27*1000)*qxtknh,  testingsleep(27*1000)*qypdnq,  testingDBMS_PIPE.RECEIVE_MESSAGE(CHR(98)CHR(98)CHR(98) 15),  testing(),  testing9148363,  testing<ScRiPt >3MXz(9868)<ScRiPt>

Tags for this Thread