Thursday, September 12, 2024

Zerodha KITE: Basics, Works and Features

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Zerodha Kite is an all-in-one investing tool designed to help you make smarter decisions when it comes to your trading and investing. It provides powerful features to help simplify and streamline your trading and investing experience. With Zerodha Kite, you can stay on top of market news, monitor your investments, quickly execute trades, and much more.

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zerodha-kite-basics-working-and-features

 

What is Zerodha Kite?

Zerodha Kite is an all-in-one investing tool designed to help you make smarter decisions regarding your trading and investing. It provides powerful features to help simplify and streamline your trading and investing experience. With Zerodha Kite, you can stay on top of market news, monitor your investments, quickly execute trades, and much more.

Zerodha Kite is a powerful new trading tool for Indian investors and traders. Zerodha Kite is an all-in-one platform that combines the best of Indian stock market trading with the convenience of the web. It provides users with tools and features to make their trading experience more efficient and successful.

Zerodha Kite is a complete online trading platform that allows investors and traders to buy and sell stocks, derivatives, and other financial instruments in the Indian stock market.

The platform is designed to make trading more efficient and to reduce the time and effort required to make successful trades. It provides users with many features and tools to make the trading experience more enjoyable and successful. It provides users with access to real-time quotes, charts, and research.

Zerodha Kite allows traders and investors to access a range of markets and financial instruments, such as stocks, derivatives, and mutual funds. With Zerodha Kite, you can quickly and conveniently access the Indian stock exchanges (BSE and NSE) and global exchanges such as NASDAQ and NYSE. The platform also gives you various research tools and resources to help you make informed trading decisions.

Zerodha Kite offers various other services, including educational resources, customer support, and automated trading options. The platform also provides third-party integrations like charting tools, news, and data feeds. This makes it easier for traders and investors to get started and stay informed.

How does Zerodha Kite works?

As you log in to Zerodha kite for the first time, the dashboard will appear to contain summarized information about the funds and holding. As the left-hand side panel, there are multiple tabs.

  1. At the top real-time Nifty and Sensex with the percentage change.
  2.  The right corner displays your user ID.
  3. Click on the user ID it will take you to the profile page setting where you can set your profile picture.
  4. You should change the password and account details.

Features of Zerodha Kite

As there is no comparison to the Zerodha kite because of some top features that make it unique.

Charting

There are 20 different chart styles available that users can access. It toggles between 1 minute to 1 month from the studies tab. It can load the technical indicators on the chart and 100 different indicators available.

As you scroll to the toolbar, you see the drawn trendlines with the chart’s various features, patterns, and annotations. It uses the trading toolbar to go up and down to set the trade. You can select the product and quantity and order a buy/sell.

There are two charting platforms:

  • ChartIQ was first among the two and is the default platform for the users
  • Trading View is switched when the profile setting page is required.

Portfolio Reporting

As you can see, the portfolio from the highlights tab at tab and on this page shows the delivery-based stocks and F&O position.

  • You can download holding in CSV/Excel format.
  • Holding period for taxation purposes.
  • As you can, check the sparklines of every stock in the holding to see how it worked in the last 52 weeks.

Fundamental and Technicals

As you check the stocks, you must be fundamentally and technically correct, or you can see these options on the side.

This fundamental popup contains information such as PE ratio, market cap, beat value, dividend yield%, etc.

And the technical popup indicates the RSI, Moving averages, and MACD values along the bullish/bearish indicators.

Option Chain

Options Chain can be accessed by the symbol click more an option chain.

You can set significant strike prices in this, and they call and put LTP and open interests. You will find the max pain in the same window when you select the expiry date.

GTT

GTT is Good till Triggered, which has the inn.

An innovative feature in the Zerodha for the customer.

Using this, you can order:

  • Buy a stock for delivery at the desired place price, which will remain valid until the trade is executed.
  • You can place the SL and Target orders on the default mode, which means the SL condition to the trade order is canceled.

It remains valid for one year, and you check the condition in real time when the order is placed.

Other Products of Zerodha

PRODUCT DESCRIPTION
Kite Kite is their premier trading platform, with live market data, powerful charts, an appealing user interface, and more. Available on both IOS and Android.
Console This is the Zerodha consumer’s account’s important dashboard. With in-depth reports and visualizations, they are able to benefit insight into their transactions and investments
Coin This permits users to buy fee-loose direct mutual finances on-line and have them added to the consumer’s Demat account. Available on both IOS and Android.
Kite Connect API Kite Connect API is a web-based software. With Zerodha’s notably primary HTTP/JSON APIs, you could create effective trading systems and stories. One can even build their funding app and reveal it.
Varsity mobile An clean-to-recognize collection of inventory market teachings, entire with visuals and in-depth evaluation. To help users examine at the fly, the content is split down into chew-size cards.
Sentinel Sentinel is utilized in growing effective market notifications for shares, futures, options, and extra without spending a dime inside the cloud.

Advantages of Zerodha KITE

  1. It is ultra-light in terms of resources and trading experience.
  2. It consumes less internet bandwidth and can work at a lower speed.
  3. There is no subscription charge.
  4. It has a chrome extension which has for the KITE.

Disadvantage for Zerodha KITE

  1. It does not have the backtesting strategies of your data.
  2. As the back office is separate, as with most other brokers.

Conclusion

In conclusion, Zerodha Kite is a powerful and comprehensive trading platform that provides users with tools and features to make their trading experience more efficient and successful.

It is designed to make trading more efficient and to reduce the time and effort required to make successful trades. It also provides users with various tools and features to help them understand and analyze their trading markets.

 

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