What is the 20 market depth feature?
20 Market depth, also known as Level 3 data, provides detailed information about the best bids and offers for stocks at various prices and quantities. It displays the top 20 bids and offers. On the other hand, regular market depth or Level 2 data shows the best 5 bids and offers for stocks and F&O contracts at different prices and quantities.
This feature is only available for NSE stocks. To learn more about 20 market depth, see zerodha.com/varsity/chapter/supplementary-note-the-20-market-depth.
To view 20 market depth, follow these steps:
Tap on the stock and then on
Show 20 depth.
To view 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 .