We have updated the technicals widget on Kite, With the new update, you can now easily access the technical summary of the stock or index, along with the market heatmap, top gainers and losers, scanners, and strategies.
This feature is currently available on the Kite web and will be available on the app soon.
Key Features of the Technical Widget:
Technicals:
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You can now check the live LTP of the symbol along with a live chart
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Summary Dashboard: Provides a quick overview of support and resistance levels, SMA crossovers, and RSI indicators. The overall bullish/bearish signal of a symbol is displayed based on several indicators.
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Technical events of an instrument include candlestick patterns like Doji and Spinning Top and indicator events such as Bullish Money Flow Trend, Bearish RSI Divergence, and Bullish CCI Crossover.
We can see these analyses for various timeframes provided at the top of the page.
Markets:
Heatmap: Shows you a heatmap of Nifty 50 along with the contribution of each stock in the index along with their performance. Each cell in the heatmap corresponds to a company, where the colour intensity indicates its contribution to the overall Nifty 50 index, allowing investors to quickly assess which stocks are driving the index’s performance.
Top Movers and Breakouts: Helps to discover the top gainers and decliners within the Nifty 500, along with volume and range breakouts.
Scanners:
Quickly scans the market with predefined popular scanners like Extremely Bullish Daily Close, Bearish SMA and RSI, and Previous Day High Breakout. Displays symbols that meet specific scan criteria, along with their last traded price (LTP) and day’s range bar.
You can also open a pop-out chart of stock directly from the widget for further analysis.
Strategies:
Access pre-defined popular strategies such as RSI Reversal, Bullish Trend Momentum, and Breakout with Volume. Review cumulative backtest results on various instruments, providing insights into the effectiveness of different trading strategies.
If you have any feedback, do let us know in the comments.