Wt Is LTP, Open Price, Low Price,High Price and Close Price.

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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. Before continue reading please observe the image carefully.
Names written Under Scrip are Company names, next is Exchange, Next is LTP, Open Price, Low and High Prices are in order.

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. ICICI Bank LTP is shown as 767.55. If anybody wants to buy at that particular time when it shows LTP as 767.55 then they should buy at 767.55 only (market Price). If you want to buy a share lesser than the 767.55 then you can place order for lesser value but your order will be processed only when LTP comes to your offered price.
Tip: When you want to buy a share don't be hurry and buy at LTP. Always buy at lesser price by waiting.

What is Open Price:
Open Price is the Price at which particular scrip opened while Capital Market opens with a price. This is the price of a scrip when Stock Market opens in the morning. 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.
Observe: Imagine you had purchased 1000 shares of ICICI bank at open Price(764.70) in the morning and sold 1000 shares at LTP of (767.55) later around afternoon then you would get 2.85 profit per share. and for 1000 shares you would get 2850 profit. This is the case for that day.. but don't excite and buy faster. be careful you will also loose in the same way if you don't use Stop Loss.

What Is Low Price:
Low price is the price at which one particular scrip Traded(Buy/Sell) at very low price on that day. in other way this is the lowest price of particular company for 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 executed 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 particular 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)

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What is the meaning of Delivery Trading

Delivery Trading is a very secure Trading. If we buy shares today and sell them after 1 day then the type of trading is called as Delivery Trading. Share you bought in Delivery option can be sold at any time before Market closes. I.e up to 3.30 pm. If you buy shares With the Delivery option, It will be taken as Delivery Trade only if you sell your shares after 1 day ( may be next day or after a month or after a year, 3 years when ever you sell after 1 day it is called delivery Trading) In Delivery Trading , it will also allow you to sell your shares with in 1 day also (may be with in 1 sec, 1 hour, Before market closes). But if you sell the shares which were bought with Delivery option with in 1 day(may be with in 1 sec, 1 hour, Before market close) would not be taken as a Delivery Trading and would be taken as Intraday Trading. All the brokerages for such Trade will be charged as per Intraday brokerage charges (0.02% to 0.04%). So here you have to understand that if you buy Shares with Delivery Trading option you can also sell it in Intraday.

The main advantage of Delivery Trading is that, the Loss of Fear of Money is very less when compared with Intraday Trading. you can just be cool if you buy in Delivery bcoz you no need to sell on the same day with the loss, even if the market price of your share value reduces. you can wait for more days to get your price.

The main disadvantage of Delivery Trading is that, the brokerage charged by Share Broking Companies is very high for Delivery Trading. It is around 0.2% to 0.4%. and in this type of Trade, your profit will increase slowly.

So my suggestion to this blog readers is that, always Trading in Delivery is safer than Trading in Intraday.

What is the meaning of Intraday Trading

Intraday Trading is the most popular Trading that many Traders use this type Trading to cash their money soon. If you buy and sell shares in a single day then the type of Trading is called as Intraday Trading. In Intraday Trading you can sell shares with in seconds, minutes and hours after you buy, when ever you want and when your you feel that your profit Target has been reached. But all the shares you bought with the Intraday option should be sold 30 minutes prior to the closing time. The general closing time of Stock Market is 3:30 pm. So you should sell all your shares those you bought with Intraday option should be sold before 3pm. Remember if you sell the shares which bought on previous Trading day, then it will not be considered as a Intraday Trading. In Intraday Trading if You buy shares on 22nd you should sell them on 22nd itself. Intraday Trading gives you high profits when you analyze and trade perfectly and also makes you big loss if you dont trade perfectly.

The great advantage of Intraday Trading is that, in Intraday Trading brokerage is very less. INtraday Brokerage is just about 0.02% to 0.04% depending on the broker you choose. And the dissdvantage of Intraday Trading is that, In Intraday Trading fear of loss of money is more compared to other types of trading. So you may also book more losses in Intrady trading if you do wrong analysis. As we can not guarantee returns on our Investment in Intrady Trading you should be ready for loses that may occur when you Trade. you should know all the current news and issues about share market and analyze the shares that you buy with more care if you want to Trade in Intraday Trading.

What is the Meaning of Trade or Trading

In General The meaning of Trade is Buying and Selling any goods. What ever and where ever you Buy and Sell any type of Material or Goods may be to the Individual person or Corporate Body, the entire process is Called as a Trade. When Such Trades Happens and Continuous regularly then it is called Trading.

A Person Who Does The Trade or Trading is called as a Trader.

What I said above is in General Case and the same is also applicable when it comes to Share Market. Here Trade in the sense buying and selling Shares. buying and selling shares regularly is called Trading. The person who is buying and selling shares regularly is Called Trader.

Types Of Trading in Share Market:

According to the way of Trading, Share Market Trade has got two types of Trading. They are as listed bellow.

1) Intraday Trading

2) Delivery Trading

Different Terms (or) Names used in sharemarket

Well, I believe that you read all my previous posts and got knowledge about what is share market, Demat Account, Where to buy the shares , how to open demat account, How to buy shares online. Now it is time to know some of the Terms or Names commonly used in share market. These terms are very commonly used by News Channels and News Papers and Share Market Experts when they speak about Share Market. In-order to undersstand their conversation you should know these common words used regularly in the Share Market and also its meaning. NowI am just giving the names of those common terms in this post and will be explained briefly later in my future posts.

Trade

Scrip

LTP

Open Price

High Price

Low Price

Close Price

Intraday

Delivery

Cash

Margin

Speculation

Vollume

BTST

Short Sell

Order Book

Investor

Speculator

Stop Loss

Exposure

Square Off

Bulk Deals

Target Price

Retail Investor

Non Institutional Investor

Institutional Investor

IPO

Bonus Shares

Dividend

How to deposit (or) Transfer funds (or) Money to your Trading Account.

After getting your Demat and Trading Accounts you will not be having any Balance in your Trading Account. In order to buy shares you should have money in your Trading Account. Ok well, but how to Deposit or Transfer Money to your Trading Account? There are two ways to Transfer funds to your Trading Account.

One is giving a Bank Cheque to your Broker. He will then Transfer the money to your Trading Account mostly after clearance of your Cheque. It may take 1 day to 3 days time to get money deposited in to your account.

Second way is online transferring of funds to your Trading Account from your Bank account through your Broker's Payment Gate Way. To Transfer funds in this way you should have Internet Banking User Id and Password. In this option your money from your Bank account will be Transferred to your Trading Account with in seconds. To proceed through this option you should have account with the particular bank with which your broker has registered for Payment Gate Way. Ask your broker to get Payment Gate Way Bank details and open account with that particular bank.

Mostly the following banks will have Tie-up with almost all the Companies. So it would be better If you have savings account with these Banks

1) ICICI Bank
2) HDFC Bank
3) AxIS Bank
4) IDBI Bank

But If you wish to choose best bank among those 4 banks then give your preference to ICICI Bank. Because it has got tie-up with many companies than other banks.

Share Market Basics

Here is the Index file of Share Market Basics Blog. You can also use this as a site map for this Blog.

Introduction
What Is Share
Where To Buy Shares
Stock Exchangeges Available in India
What is Stock Market Index
World's Different Countries Stock Market Indexes
What is A Demat Account
What is a Trading Account
What all I should have to buy shares
Buying Shares with the help of Broker
Buying Shares by Your Self
Documents needed to open Demat and Trading Accounts
Documents Accepted as a Address Proof
Documents Accepted as a Identity Proof
How to open Demat and Trading accounts
Points to Remember When you Open Demat and Trading Accounts
Things to be Verified After Getting Demat and Trading Accounts
How to Buy Shares After Getting Demat and Trading Accounts
List of Share Broking Companies (or) Share Brokers in India for Debt Market
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