The world is becoming interconnected as a result of massively increased trade & business dependencies. We are getting closer with other countries and also depending on each other to an extent that any changes globally now impact our own stock exchanges and also possibly have impact in our economies.
Where stock markets represent the economy of a country it’s necessary to track and make more informed decisions. Starting today, we are releasing some features that will help you track global economies on Dhan app & web (coming soon).
Introducing SGX Nifty in Index Tracker
What do Super Traders in India look up to when they wake up in the morning, while Indian Stock Exchanges have not opened up yet? Yes - you know it, it’s SGX Nifty.
Starting today, we have included SGX Nifty right inside the Index Tracker on Dhan app & web dashboards. For traders who get anxious on how NIFTY will open, or what the direction of the market is going to be like - this one is a good indicator, well almost.
Introducing: Global Indices
Now track global market indices on the Dhan App without switching multiple windows.
For a long-term investor in India, the need could be the interest rate decided by the Fed, or the prices of commodities if he is invested in stocks like Indian Companies that depend on global trades either via imports or exports.
And for a trader, it can be looking up to the Global Markets and predicting the sentiments and then predicting the opening of the Indian Markets, or a policy change in a certain country or other.
So let’s assume you are on a go and have predicted the Opening of the Indian markets with the help of global indices and decided to take a trade.
Introducing: Live VWAP on Dhan
While Dhan makes it easier for you to analyse charts and indicators via phone. We got your back with one more interesting feature! Introducing to you Live VWAP on both Dhan & Options trading App.
VWAP is the volume-weighted average price. It is the average of prices rationalised by volume for an interval, session, or day. Usually, it starts with respect to the start of the day. It is believed that this is the point of a pivot from where price trends reverse intraday.
We have come up with the live-feed tabular visualisation for VWAP of a particular stock for multiple time frames. It starts with 1 min and goes up to 1hour.
Bringing you the best and industry-first features since day one. Hope these product & feature improvements help you stay on top of the markets and take informed investing & trading decisions. All these features are available on the App and will be soon available on the Web.
Do let us know your feedback. We listen to you