How to covert NSE Bhavcopy from .csv or .dbf format file to Metastock Format data file

Requirements

a. NSE Bhavcopy which can be downloaded from www.nseindia.com

b. MS Excel for opening and editing this CSV or DBF file.

c. Metastock Downloader for converting the edited file from ASCII format to Metastock format.

Processes are as follows: -

1. Download NSE Bhavcopy from NSE India and open it in Microsoft Excel. It will look like

this-

2. Now delete the columns of Series, Last, Prev.close, Totalvalue & Timestamp. Now it will

look like this

3. Now Insert a column for Date before Open column in excel sheet, by right clicking on B

column. After inserting date column now put the date (for 2-3 stocks) for which bhavcopy is

taken Its available at top of the window. Please note that date typed is in metastock date

format i.e. MM/DD/YYYY. It will look like this

4. Now select both the dates typed as shown in picture above; then put the cursor at lower right

hand corner of the selected area and drag it down further, to copy the same date for all the

850+ stocks till last It will look like this

5. Now remove the First ROW of the sheet that is Headings

6. Now close the Excel sheet by saving it with same name as it was before. Click yes for all the

options for saving.

Now start Metastock downloader for converting the data

1. Click on tools in metastock downloader and click convert

2. It will open a window like below and select the options as shown.

i.e File type : ASCII text , Folder: where the file is (Use browse button), File: Just select the above

edited NSE bhavcopy from browse button.

Destination file type: Metastock, Folder: where ever Metastock data is (Else it will create fresh

data from that date in the folder path given); here it is a folder called NSESecurities in E drive of

comp. (files already created before; as it is updating only)

3. Now click option button

4. Here you can click Traverse source folder if you want stocks to be updated in different folders

in alphabetical order (Else it will be remaining in one folder.)

5. Now click ok. Then click ok. It will update the data (It takes some time like- 5 sec.) and

shows final results like this (If every thing is right):

6. Finally close the window and MS Downloader. Now open the charts in Metastock; you will find it

updated.

Important thing to remember:

1. Close all Metastock charts before updating the data.

2. Update data as per dates on daily basis after closing of market whenever NSE provides

bhavcopy. You can get pending data too from NSE for delayed updation.