Predictive closing

[Suhas_Hegde]

hi,

where in Kite desktop/Mobile can i see predictive close ?

this feature was avaiable in Pi

thanx

suhashegde

[TradeXMaster]

What is predictive close ? What does the feauture do ?
I’ve never heard of it. Just curious to know.

[Suhas_Hegde]

it is where the index/stocks would close at the days end taking into account the average trades of last 15 mins AKAIK.

[nithin]

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The closing price for the day of any stock and hence even the index is the weighted average price of the last 30 mins of trading. That is the reason why the last traded price of the day is usually different from the final closing price. On expiry days towards the close of the market, it is useful for F&O traders if the platform can predict what the actual closing price of the underlying will be. This can help decide on whether to hold on expiring F&O positions or exit them in the market. Assu…