Closing price
Trading & ordersOn 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 →200-day moving average
Technical analysisAlso called: 200-DMA
The average closing price over roughly one trading year.
In plain terms
The market’s shared definition of "long-term trend". Best used as an on/off regime switch.
Read the full lesson →Close-out rate
Trading & ordersThe formula price at which a failed delivery is settled in cash when the auction finds no seller — the higher of the highest traded price from the trade day to the auction day, and the auction-day closing price plus 20%.
In plain terms
Written to sit above the market so that failing to deliver is never the cheaper option. In an illiquid stock, where auctions most often find nobody, the penal 20% is usually the binding term.
Read the full lesson →Line chart
Technical analysisA chart that plots closing prices only, joined into a single continuous line.
In plain terms
It discards the open, high and low, which is the point. Good for overall shape and for comparing several stocks at once; useless for reading who won the session.
Read the full lesson →Moving average
Technical analysisAlso called: SMA, EMA, DMA
The average of the last N closing prices, plotted as a line.
In plain terms
Smoothing. Smoother always means slower — that trade-off has no escape.
Read the full lesson →Post-closing session
Trading & ordersA short window after the regular session in which orders may be entered at the closing price once that price has been determined.
In plain terms
The honest answer to "can I actually trade the close". It needs your broker to offer it and somebody on the other side, which in a thin name often means nobody is.
Read the full lesson →Reversal
Technical analysisA change in the prevailing direction of price.
In plain terms
Judge it on closing prices, not on wicks. Intraday probes through obvious levels are routine.
Read the full lesson →