What is BHAV copy indicator

What is  BHAV copy indicator

BHAV Copy Indicator

Key Points of BHAV Copy Indicator

  1. Definition:
    • BHAV copy is a comprehensive report generated by stock exchanges like NSE (National Stock Exchange) and BSE (Bombay Stock Exchange) in India.
    • It includes daily trading data for all listed securities.
  2. Components:
    • Symbol: The ticker symbol of the security.
    • Series: Denotes the series of the equity (e.g., EQ for equity shares, BE for trade-for-trade segment, etc.).
    • Open Price: The price at which the security opened for trading.
    • High Price: The highest price reached during the trading day.
    • Low Price: The lowest price reached during the trading day.
    • Close Price: The price at which the security closed for trading.
    • Last Price: The last traded price of the security.
    • Previous Close: The closing price of the security from the previous trading day.
    • Total Traded Quantity: The total number of shares traded.
    • Turnover (in Lakhs): The total value of shares traded.
    • Trades: The total number of trades executed.
    • Deliverable Quantity: The number of shares that were actually delivered.
    • % Dly Qt to Traded Qty: The percentage of shares delivered to the total traded quantity.
  3. Usage:
    • Trend Analysis: Traders use this data to identify trends and make informed decisions.
    • Volume Analysis: Helps in understanding the liquidity and trading volume of a security.
    • Price Movements: Analyzing the high, low, open, and close prices helps in understanding the price movement and volatility.
    • Market Sentiment: The deliverable quantity and percentage help in gauging the market sentiment for a particular security.
  4. Accessing BHAV Copy:
    • It is usually available on the stock exchange's official website.
    • Downloadable in various formats like CSV, Excel, and PDF.
  5. Significance for Different Stakeholders:
    • Traders: Essential for daily trading strategies and decisions.
    • Analysts: Important for technical and fundamental analysis.
    • Investors: Useful for understanding market conditions and making long-term investment decisions.