Skip to content
1492 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 5 terms

Average price

Trading & orders

The weighted average cost of a position built across multiple purchases.

In plain terms

Both pyramiding and averaging down improve how it looks. Only one improves your outcome.

Read the full lesson →

Closing price

Trading & orders

On Indian exchanges, the volume-weighted average price of the final thirty minutes of the session — not the last trade.

In plain terms

Designed so that one late trade cannot set the close, which makes manipulation substantially harder. It is also why a close beyond a level counts for more than a touch.

Read the full lesson →

Realisation

Fundamental analysis
Also called: Average realisation, Realisation per unit

Revenue divided by units sold — the average price a company actually achieved per tonne, vehicle, subscriber or other physical unit.

In plain terms

Every revenue claim is really two claims: how many were sold, and at what price. The two can move in opposite directions and still produce a flattering headline.

Read the full lesson →

VWAP

Technical analysis

Volume Weighted Average Price — the session’s average price weighted by volume traded at each level.

In plain terms

What the average participant paid today. Institutions benchmark their fills against it.

Anchored VWAP

Technical analysis

VWAP computed from a chosen starting bar rather than from the session open.

In plain terms

The average price everyone has paid since an event. Above it, they are in profit; below it, they are not.

Read the full lesson →
Indian stock market glossary · Market Vidyalaya