It seems prices are not reflecting correctly in options 1 min chart, there are so many differences. This issue might cause slippages and strategy errors. Please look at the example below.
Gap in the open price in 1 min chart
In 30 second chart open price is different.
We’re currently reviewing your query and will update you with a response shortly.
Thanks @Siyanka, looking forward.
We verified, the data is correct. The gaps (or flat dash) appears when there is no trades in that timeframe. It will simply show LTP (last trade price) in that selected time-frame as representative of LTP from earlier time.
Shorter timeframes (typically in seconds) when there are no trades will have flats for no volume, which may get covered in large time-frames. This is true and very very common on scrips that are thinly traded.
Thanks for your reply @PravinJ , my question is why the open price is different for the same timestamp(14:27)?
Also please look at zerodha’s 1 min chart for the same timestamp, there the open price is correct as per Dhan’s 30s chart.
We tried reaching you via call yesterday to assist, but the call went unanswered. Please let us know a convenient time today so we can connect and address your query.
Query is not yet resolved, please don’t mark it resolved. I available to discuss it right now.
Let’s look at the opening price of the 14:27:00 candle, which shows as 268.95.
When there are no trades taking place between two timestamps, we fill these gaps of 5-sec candle with a single dash and 0 volume. In this case, there were no trades from 14:27:00 to 14:27:04. But at 14:27:05, a trade happened with 75 contracts at 268.95. This price becomes the opening price for the 1-minute candle starting at 14:27:00.
All second resolutions are based on 5-sec timestamp. Since there was no trade in the initial 5 seconds, so 30 seconds is displaying the previous close of 268.05.
Ps: Please note that the chart data doesn’t impact your order execution.
