Hi All,
Traders on Dhan have shown overwhelming support for our partnership with TradingView.
We launched tv.dhan.co for Dhan traders in December ‘21 and, thereafter we continuously made an effort to bring more features and improve the trading experience.
Trading is more about understanding the pattern with numbers, hence data and analytics play an important role in finding trade opportunities. At Dhan, we want all our users to be top of the market and stay updated always. Here we are with a few data & analytics features for tv.dhan.co.
Continuing our endeavour to bring a better experience for our users we are now live with a few more features & enhancements on tv.dhan.co
Live 15 - Minute Built-Up Data for Futures
Built-Up data is inference for market direction and price action based on Open Interest and change in price. In simple words, it lets you know whether the majority of the positions are entering fresh or exiting the open ones. This helps traders to find support & resistance zones for intraday trading. Following are the inferences that can be made using this data.
| Open Interest | Price | Inference |
|---|---|---|
| Increased ⇧ | Increased ⇧ | Long Build Up: Fresh longs made entry |
| Decreased ⇩ | Decreased ⇩ | Long Unwinding: Existing longs squared off |
| Increased ⇧. | Decreased ⇩ | Short Build Up: Fresh shorts made entry |
| Decreased ⇩ | Increased ⇧ | Short Covering: Existing shorts squared off |
On tv.dhan.co, we have provided live Built-up data for every 15 minutes. This is available for all the futures contracts across segments including commodity & currency. You get to see the following data points in one place to make a better judgment of price actions:
- 15-minute time interval.
- Price range of scrip for particular time interval
- Net Open Interest standing and % change in OI
- No. of Fresh & Squared-Off OI
- Traded Volume
PS: Not to confuse, Volume & Open Interest are two different things 
Live Trading Data
Investigators and detectives often use the cut-up technique to look for evidence in multiple patterns and deduce new & different clues to solve the case. Similarly, looking at the multiple data sets related to the market, which are combinations of price, volume, open interest, bids, and asks, gives new ideas and thoughts to find a trading opportunity. Here we are with the three most popular live data sets on tv.dhan.co
- Real-Time Trades
- Volume Weighted Average Price
- Market Depth on Charts
All the data feeds are the same as we use for other dhan platforms.
Hope you enjoy trading on tv.dhan.co with these live data and analytics tools.
We continue to ship features & updates and make Dhan better every day, to ensure you get the best
Investing & Trading experience.
Happy Trading!
Naman
Product Team