In this Face2Face video, we have Mr. Vivek Bajaj, co-founder, StockEdge & Elearnmarkets in conversation with Mr. Pankaj D Prasade, who will talk about the concept of Bhavcopy and its analysis, which is divided into two parts. He will demonstrate this in an Excel sheet and also show it through the NSE website. This will be a learning experience for every trader who is unaware or unfamiliar with the concept of Bhavcopy in a financial institution.
The role of bank nifty, futures and options, and options trading is also mentioned here for more clarity. Being from a background in IT, he also talks about coding and backtesting the Bhavcopy. He has also done commodities, equities, and forex trading in the past, which has helped him in the current endeavours of analyzing Bhavcopy.
He also talks about his preferences between cumulative open interest and live open interest. He has also touched upon the relationship between open interests and the price. Mr. Prasade provides a wide knowledge about Volume Weighted Average Price (VWAP) and Series Volume Weighted Average Price (SVWAP), which is a significant part of this whole idea. The risks and issues involved in this trading are also expressed by him for the viewers to make a sound decision after exploring and testing his techniques. This makes this video a must-watch for all the viewers who are curious about Bhavcopy in these times and want a descriptive analysis of the same.
Watch this video to learn the techniques of analysis and the use of coding in finding better results for your trading career. This is useful for both beginners and experts.