What is market depth and how do I view it?

Market depth shows the best 5 buy and sell prices for a stock, along with the quantity and number of orders at each price, so you can see demand and supply before you place an order.

Opening a stock's Market Depth tab from the Watchlist

What does the market depth screen show?

Field What it shows
Average Trade Price Shown at the top of the screen
Depth table The best 5 price levels: Orders, Qty, Buy price on the left; Sell price, Qty, Orders on the right
Total Qty The total buy quantity and total sell quantity across all 5 levels
Buy Orders % / Sell Orders % The split between pending buy and sell orders, shown as a proportion bar

How do I view market depth on the Rupeezy app?

1. Open the stock. Tap it from your Watchlist to open its quick-view sheet.

2. Open the full stock detail screen. Tap the stock's name to expand it.

3. Go to the Technical tab, then Market Depth. It's the default sub-tab, next to Support & Resistance.

For everything else on this screen, see What's on the stock detail screen?; for how your P&L is calculated using this same depth data, see What is P&L based on market depth?