Hello Option Traders,
You know this by now, we continue working and enhancing our charts constantly to ensure that you have an incredible experience on Dhan, including trading directly from charts. We also work closely with our partners TradingView teams to ensure we get the best for you.
With every update on our charts, we add some key features built on user feedback. While we have done this to ensure there are no missing pieces for traders on Dhan to analyse and trade from charts, we have missed on important factors that many of our traders have asked from time to time - Daily Timeframes for Option Contracts.
Here is a small update to our charts: Options Daily timeframes are now available on Dhan Charts.
While we understand that daily timeframes on Options Contract charts are rarely used for daily or above timeframes. The duration of most of the options contracts is not more than 3 months and active duration is less than a month, hence traders track intraday charts for options contracts more than daily timeframes.
But there are certain indicators like Pivot Points, Central Pivot Range etc that work only if there is a daily time frame on the chart. And we have observed a lot of traders do use these indicators on options charts. Therefore, to make sure traders utilise the maximum potential of Dhan’s charting platforms we have come up with this small but significant update which was long requested by Option Traders on Dhan.
Yes, we launched it silently a few days back and it’s great to know users are already using this feature. We are soon going to add other super trading features on charts soon (already live for few users ), so keep an eye out for it.
Till then, Happy Trading!
– Hardik
Product