Important terms related to stock/share market trading

Sunday, October 10, 2010

Open-Open is the first price of a scrip/indice when the market opens

High- When the price of a scrip/Indice reaches day's highest level while trading it is called high

Low-When the price of a scrip/Indice reaches day's lowest level while trading it is called low

Close- Price of a scrip when market closes for the day

Previous Close- Close price of a scrip on previous day

Volume- Number (quandity) of Scrips traded

Bid-Buying price is called bid

Offer-Selling Price is called offer price

Bid Quandity-Total number of shares available to buy

Offer Quandity-Quandity of shares available for selling

52 week high (Year high)- When the price of a scrip/Indice reaches 52 week's highest level

52 week low (Year low)-When the price of a scrip/Indice reaches 52 week's lowest level