What is deliverable volume ? What does it actuly mean and where one get historical data on this for a particular scrip.
Every stock on a daily basis will have a total traded volume and deliverable volume. Deliverable is that portion of total traded which actually leads into a person taking delivery into demat or selling from demat. The rest of the volume will be intraday trades, where no delivery is given or taken.
The way you analyze deliverable volume is, if the stock is going up or down with high deliverable volume, the move is supposed to be stronger as long term investors are getting in or out respectively.
NSE puts up this data here:
.This data is also shared on sites like moneycontrol, Zee and others.
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Deliverable quantity or Deliverable Volume is the quantity of shares which actually move from one set of people (who had those shares in their demat account before today and are selling today) to another set of people (who have purchased those shares and will get those shares by T+2 days in their demat account).
This the amount of shares which actually get transacted.
For example
Person A sells 100 shares
Person B buys those 100 shares and sells it to Person C
Person C buys those 100 shares and sells it to D.
Person D after buying those shares is keeping it with him as delivery (to get in his demat)
Here Total Volume is 300 shares (100 shares delivered from A to D ideally, 200 shares done in Intraday)
Deliverable quanity is only 100 shares.
Example: Data for TCS - ALL from Oct 10, 2014 to Oct 10, 2014
|
Symbol |
Series |
Date |
Prev Close |
Open Price |
High Price |
Low Price |
|
TCS |
EQ |
10-Oct-2014 |
2,706.05 |
2,706.00 |
2,727.45 |
2,668.50 |
|
Last Price |
Close Price |
VWAP |
Total Traded |
Turnover |
Deliverable |
% Dly Qt to |
|
2,679.00 |
2,678.50 |
2,694.64 |
11,72,181 |
31,586.01 |
5,94,794 |
50.74 |
Here 594794 shares are removed from one set of people's demat account and credited to another set of people who have bought those shares in CNC for delivery.
Another 577387 shares are traded in intraday mode (Total vol - delivered volume)
Since the total number of shares removed from demat = total number of shares delivered to demat account, you cannot get any information with deliverable quantity alone to know whether higher delivery% is good or not.
You need to see the day's chart (price movement) to identity whether it is bullish or bearish.
Bullish graph (Price up movement) with very high deliverable qty, many investors FII and Big investors are pouring in their money to get hold of these shares.
Bearish graph (Price down movement) with high deliverable qty, many investors are selling off their investement and getting out of that scrip (may be something bad is about to happen)
Bullish or bearish graph, but with very less deliverable quantity indicates nothing to be alarmed off, since investors are not taking much action.
This deliverable quantity % here 50.74% for TCS, you need to compare to the past values to see whether this is usual or comparitively higher % on that day. This historical data is available in NSE in this link.
http://www.nseindia.com/products/content/equities/equities/eq_security.htm
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Guru. Excellent Analysis.
You explained stuff in a very simple n precise manner! Thx-
dear friends, tradingqna is amazing spot for peer to peer knowledge sharing. This is the best explanation of deliverable to traded volume i have seen so far. still i have one doubt. NSE website updates hourly deliverable to traded percentage. How is that derived? is it the ratio of MIS to NRML trades happened till that hour? or does it mean that this percentage of trades are already squared off within that hour < say before 11 AM>… it is mentioned as deliverable quantity gross across client level in NSE website.
if we couldnt get a correct answer, may be zerodha team or Nithin can give a clarity regarding this. Its worth understanding this data to make trading decisions.