LTP, Open Price, Low Price, High Price and Close Price terms are Mainly used to represent Particular scrip prices at different levels. Each term is Explained clearly here. Read them perfectly. Don't get confused. After Reading if you have still doubts then post your doubts here in comments. then I will post reply for that. For better understanding I am pasting one PIC here. you can use that for clear understanding.
Here is the Explanation.
What Is LTP (Last Traded Price) :
Full form of LTP is Last Traded Price. It means It shows the Latest Buy or Sell Value and is also called as a Current Market Price. See in the above Pic. Icicic Bank LTP is shown as 767.55. If anybody wants at that particular time when it shows LTP as 767.55 then they should buy at 767.55 (market Price).
What is Open Price:
Open Price is the Price at which particular scrip opened while Capital Market opens with a price difference from yesterdays Close Price. See in picture ICICI Bank Open Price is 764.70. That means On that particular day ICICI Bank Opened at the price value of 764.70 in Equity Market
What Is Low Price:
Low price is the price at which one particular scrip Buy or Sell Transaction exicuted at very low price on that day. See in picture ICICI Bank Low Price is 745.15
What Is High Price:
High price is the price at which one particular scrip Buy or Sell Transaction exicuted at very High price on that day. See in picture ICICI Bank High Price is 771.75
What is Close Price:
Close Price is the price at which particulr scrip traded last at closing time of Equity Market on previous day. See in picture ICICI Bank Close Price is 756.15. That means Previous day ICICI Bank Scrip Closed at 756.15. Close Price is Exactly the previous days LTP When Market Closes.(by 3:30pm)