Hey Guys,
I am newly started working on trading software development but never done trade before so I open an account to take a shot. I know trading much but I am confused about very basic thing.
Suppose a stock XYZ is trading at 110 Rs, then what this price actually indicates, Is it the price somebody is willing to buy or somebody willing to sell??
What i understood about pricing a stock is, when somebody puts a best Bid order(highest) or best offer order(lowest) is becomes NBBO, and same is visible to everybody, but if same is the case then there should be two prices visible, Best Bid price and Best Sell price. But when i see any NSE website or BSE web site or anywhere i am able to see only a single price. So my simple question is what this price indicate, best Bid or Best offer.
Please help me
I am newly started working on trading software development but never done trade before so I open an account to take a shot. I know trading much but I am confused about very basic thing.
Suppose a stock XYZ is trading at 110 Rs, then what this price actually indicates, Is it the price somebody is willing to buy or somebody willing to sell??
What i understood about pricing a stock is, when somebody puts a best Bid order(highest) or best offer order(lowest) is becomes NBBO, and same is visible to everybody, but if same is the case then there should be two prices visible, Best Bid price and Best Sell price. But when i see any NSE website or BSE web site or anywhere i am able to see only a single price. So my simple question is what this price indicate, best Bid or Best offer.
Please help me