What is the 20 market depth feature and how do I view it?
20 market depth or Level 3 data displays the best 20 bids and offers for stocks and F&O contracts at different prices and quantities. The regular market depth or level 2 data displays the best 5 bids and offers for stocks and F&O contracts at different prices and quantities.
Important: Zerodha is the only retail broker to offer 20 market depth or Level 3 data to its clients.
This feature is only available for NSE stocks and F&O contracts. Visit zerodha.com/varsity/chapter/supplementary-note-the-20-market-depth to know more about 20 market depth.
To view 20 market depth, follow the steps below:
Tap on the stock and then on
Show 20 depth
To access 20 market depth from the order window, tap on the dropper icon as shown below:
Hover over the stock and click on the Market Depth icon and then on View 20 depth .