Zerodha is a popular online trading platform in India that offers various features for trading, including volume price analysis. Here are the steps you can follow to perform volume price analysis on Zerodha:
- Log in to your Zerodha account.
- Select the stock you want to analyze and open the chart.
- Click on the “Studies” button on the top right corner of the chart.
- Select “Volume Profile” from the list of studies.
- Customize the settings as per your requirement, including the time frame and volume aggregation.
- The Volume Profile chart will appear on the chart window, displaying the volume traded at different price levels.
- Analyze the chart to identify areas of high trading activity, such as high volume nodes, and use this information to make trading decisions.
- Additionally, Zerodha offers other tools and features, such as Market Depth, that can be used in conjunction with volume price analysis for a more comprehensive analysis of market conditions. It is recommended to learn and practice using these tools with a demo account before applying them to real trading.