How Opening Price is useful?

The opening price of any stock is of great importance to all traders, maybe intraday or long term. An opening price point for a stock is formed when a set of buyers and sellers agree upon a price. A lot of things are taken into consideration for deciding the opening price. The total number of buyers, sellers, market direction, current company condition, any news based data, all these factors are collated together to form a opening price point of any stock, or even the exchange index prices. It is always advisable to check the opening price and then trade accordingly. You can get more insight in the tutorial in the below link >Trading Strategies for Opening Price >> Link