What is Futures chain?
A futures chain is a listing of all the available futures contracts for a particular commodity or asset class, such as stocks, bonds, or commodities. Futures contracts are agreements to buy or sell an underlying asset at a future date at a predetermined price. Futures chains are important tools for traders and investors because they provide an overview of the available contracts for a particular asset, allowing them to make informed decisions about buying, selling, or holding futures positions. They can be used to identify trends in market sentiment, track changes in supply and demand, and evaluate the risks and potential rewards of entering into futures contracts.
The futures chain displays the following information:
Symbol - The unique symbol or ticker code that represents a specific futures contract.
Expiry - The date on which the futures contract expires.
LTP - The price at which the futures contract most recently traded.
Change - The change in price from the previous day's closing price.
What is Market Depth?
Market depth refers to the ability of a market to absorb large orders without significantly affecting the price of the security being traded. It is a measure of the liquidity of a market and reflects the number of buy and sell orders that exist at different price levels.
The market depth is displayed in the form of a "depth chart," which shows the bid and ask prices for a security at different levels, along with the number of shares or contracts available at each price level. The depth chart allows traders to see the supply and demand dynamics of the market and helps them make more informed trading decisions.
Market Depth displays following information:
Bid and Offer Prices: Market depth shows the best bid and ask prices available for a security, along with the number of shares or contracts available at each price level. The bid price is the highest price that a buyer is willing to pay for the security, while the ask price is the lowest price that a seller is willing to accept.
Quantity: Market depth shows the quantity of shares or contracts available at each price level.
Orders: Orders in market depth signify the buy and sell orders that exist at various price levels for a particular security.
It also displays previous close, open, high, low, volume, Last traded price(LTP), Last traded quantity(LTQ), change(%)
What are Highs and Lows?
The highs and lows of a stock represent the highest and lowest prices at which the stock has traded over a specific period of time. The time periods are 1 day, 5 days, 1 month, 3 months, 6 months, 1 year.
The highs and lows of a stock are important because they provide information about the volatility of the stock and its price range over a given period of time. They can also provide clues about the stock's momentum and trend.
Highs & Lows displays following information:
Period: The time period for which the highs and lows will be shown.
Low: The lowest price of the symbol for the specified period of time.
High: The highest price of the symbol for the specified period of time.
Returns: It shows the returns with respect to the current price over the specified period of time. It will be calculated as (current LTP - open price of the start date of time window) and percentage change will be calculated as (current LTP - open price of the start date of time window)/(open price of the start date of time window).
New screen of Futures Chain on Rupeezy TV Terminal and where to access
Search for any symbol:
Select the symbol to open its chart:
Right click on the chart and select Futures Chain:
Select Futures Chain to get Futures details:
Select Market Depth to get market depth details:
Select Highs and Lows to get highs and lows details: