Market depth shows the best 5 bids and offers and additional data points like Open, High, Low, Close (OHLC), volume, circuit limits, and the price of an instrument.

To view the market depth, follow these steps:

Kite app

1. Tap on the instrument.
2. Scroll up.

Kite web

Hover over an instrument in the watchlist and click on the Market Depth icon. Alternatively, use the up and down arrow key to select the instrument and press D on the keyboard.

The following details are displayed in the market depth:

• Bids: Indicates the orders to buy at various price levels.
• Offers: Indicates the orders to sell (asks) at various price levels.
• Orders: Indicates the number of orders pending at that particular price on the exchange.
• Qty : Indicates the quantity available for buying or selling at a particular price.
• Orders : Indicates the number of orders pending at that particular price on the exchange.
• Open: Open price for the day.
• High : Highest price for the day.
• Low : Lowest price for the day.
• Prev. Close : The closing price of the previous day.
• Volume : The total number of shares bought or sold during the trading day.
• Avg. Price : The average trading price of a stock at a given time during the day. It is also called Volume Weighted Average Price (VWAP). To learn more about VWAP, visit zerodha.com/varsity/chapter/supplementary-notes-1/#vwap.
• LTQ : Last traded quantity.
• LTT : Last traded time.
• Expiry : For derivative contracts.
• Lower Circuit and Upper Circuit : The circuit limit is the price range within which the stock can be traded for that day. See What does circuit limits i.e price bands mean?
• OI: This shows the open interest of the contract. Visit zerodha.com/varsity/chapter/open-interest to know more.
• For F&O contracts, the spot price is displayed.

Did you know? Zerodha is the only broker that offers 20 market depth or level 3 data with the best 20 bids and offers. See What is the 20 market depth feature, and how do I view it?