Column for Moving Average of Prices

#1
Dear Guys,

At end of everyday after market hours, I download the bhavcopy from NSE site and use it in my excel sheet to find out the moving averages.

Columns which are in bhavcopy are

  1. SYMBOL
  2. SERIES
  3. OPEN
  4. HIGH
  5. LOW
  6. CLOSE
  7. LAST
  8. PREVCLOSE
  9. TOTTRDQTY
  10. TOTTRDVAL
  11. TIMESTAMP

I use column No. 6 'CLOSE' in my moving averages for price. Am I right? or is it some other column.

Thanks
 

skarpio

Active Member
#2
A moving average is an average after all. If you use Close, then you get a moving average of closing prices. Infact, Close seems to be a very popular choice among the trading community.
 

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