There is a difference between Today's Close and Last Traded Price (LTP).
The closing price is calculated by averaging the prices during the last 30 minutes of Trading hours. While LTP is the is the price at which the last matched trade took place i.e. a buyer could find a seller at that particular price.
LTP gives a better picture in a stock movements. For example, if a stock was trading at INR 1000 at 3.00 p.m. but in the last half an hour a news came in, which resulted in a price hike in the stock to INR 1040. Here LTP is INR 1040. But when we will calculate its Closing price it would average the prices traded in the last 30 mins and would give Close Price as 1010 (hypothetically).
So, close price might not depict a true surge, due to which LTP should be considered.:thumb:
The Data we get , if its real time or even when its IEOD, we get the LTP only as the Average Price is not calculated. So in our Intraday charts we automatically get the actual traded price on last bar.
If we Download EOD data , say from NSE or Subscribe to an EOD data feed, we get the Adjusted close as the Close price of the day.
As someone had posted earlier in this thread that actual LTP is a better option when looking at short term charts and Adj. Close when analying Longer period charts.
BTW, you seem to have responded to an almost 5+ years old thread though the subject shall remain relevant 5 years hence ! :thumb: