Introducing Technicals & Technical Orders on Dhan

Markets are for everyone. Investing and trading are no different.

While we interacted with many investors & traders as we built Dhan, we learned that many users beyond their investing & trading app used many other external platforms to view the information that is required for them to make informed decisions. We want to ensure that we make both these seamless for our users.

Investors may hold a stock as long as they feel comfortable with its financials, fundamentals, shareholding pattern and their view on the company’s business. We’ve enabled them to view all this data, right on Dhan on both app & web.

Similarly, traders need their own tools too. Over the last 2 months, we shipped many that help them - like Option Chain, Margin & Leverage, Markets view of Futures & Options, Top Contracts, PCR and others. And we know, traders need more than what’s usually available to pick up that right trading opportunity.

Introducing Technicals & Technical Orders. :chart_with_upwards_trend:

What’s industry first on Dhan -

  • Supports & Resistances plotted visually for the First Time
  • Price Movements of Scrip shown in real time over these
  • Technical Orders - Place orders directly, and pick up prices directly from Technicals Scale

Launching now with pivots, moving averages and a host of popular indicators (RSI, MACD etc), all of this is available for every scrip under the “Technicals” section.

And you know the best part (and yes, for the first time only on Dhan) - you can place a “Technical Order” right from that page itself.

This allows you to quickly choose a limit order price based on three resistance levels or three support levels.

Pivots: Classic & Fibonacci

Moving Averages: Simple & Exponential

Period: 5,10, 20, 50, 100, 200 DMA

Indicators: RSI (14), STOCH (9,6), STOCH RSI (14), MACD (12,26), ADX (14), CCI (14), UO, ROC, Williams R

For the uninitiated, support is a price level where a downtrend can be expected to pause due to increased demand or buying interest. Meanwhile, resistance zones arise due to selling interest when prices have increased.

Please note that this is primarily what the traditional definition of these technicals go by. The beauty of these is that traders interpret it the way they want and to make a profitable trade.

Like we said, we’re merely enablers in the market ecosystem, empowering you with the tools you need. Rest of the time, you’ll simply see us cheering and rooting for you from the sidelines.

Do let us know how you like this.

Product @ Dhan


Need Basket Orders For Options.
Payoff Chart

Hi Sanj,
Welcome to the Dhan community. :smiley:
Thanks for your feedback. Something is in the works in similar regards.
You will be informed once we plan on releasing it. :grinning_face_with_smiling_eyes:

Maximum liquidity and volumes are in NIFTY and Bank Nifty Futures and Options.
Technicals though introduced in Dhan, I am not able to find the same for underlying Indices, Future as well as Option Instruments. Am I missing something ?

Sharing one example where I trade in Options basis technicals on the underlying Index

It’s a work in progress. You will be informed once we plan on releasing it.
Thanks for highlighting. :grinning_face_with_smiling_eyes:

Technicals are currently released for Stocks only ?
Also, not able to find this on web.

Technicals on Dhan Web are coming soon. By next week.

Will Do KYC After That. It’s Super Important For Me.
If You Able To Provide A Time Frame Please Do Share.

@Naman Which Timeframe are all these technicals derived ?
Pivot - Classic seems to be matching with 15 minutes TF, but other technicals are not matching with any timeframe.
Ideally, there should be a default timeframe of 1 hour and an option to the trader to change the timeframe to either 1 day or 15 minutes depending on whether trader’s view for intraday or positional.

Hi Nity

All the technical indicators here are based on Daily candle. All the the calculation for these indicators are based on previous day OHLC.

Your feedback for smaller time frame indicators is noted. We will keep this in our mind.

Hi @sanj
We have updated Basket Order, it is now available for all segments, including Futures & Options. Please check it out here.

Please add camrila pivot & 200 sma Ema in technical & technical orders