Predictive closing

[nithin]

Ask us anything about trading, investing and markets

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…