Hi and welcome to PF
This could be an interesting project but I am not sure what you actually want to do.
With a digital video camera it is usually possible to look at one frame at a time and that will help you estimate speeds by looking at the changes between the sequence of frames. Speed is distance /time taken so, if you can decide the distances traveled and you have the frame rate (30frames per second, probably) you can estimate speeds as the times will be 1/30s. To measure the distances traveled by various bits of your arms it would be an idea to performs the action in front of a screen with a grid marked on it to act like graph paper. To avoid problems with perspective, you should make it a long shot (not wide angle) and stand very near the sceen. That way, a cm moved by your arm will correspond to a cm across the grid. Failing that, you could have a ruler with chunky markings on it, next to the server. Putting black dots on a white overall in various places on the body and having nice bright lighting and a consequent short shutter time should give you sharp dots (focus is vital, too). If you are trying to perfect your serve then you probably need to know more than just the position of the racket head.