DBT Bureau
Pune, 20 Oct 2024
Upstox, the digital investment platform in India, has partnered with TradingView, a global charting platform used by over 30 million traders and investors. This partnership will help Upstox users track, analyse and execute their trades on NSE, BSE and MCX instantly in a seamless manner.
On Upstox, the integration is built on top of the TradingView library which renders a similar user experience to that on the TradingView portal, empowering users to trade and manage the order and positions directly on the chart. Furthermore, Upstox users can leverage this facility to create their own list of stocks, view charts and run technical analysis- all at the same time.
The TradingView facility is available for all users on a desktop at zero cost. It includes all charting tools, indicators, multi-chart view and several other features. The platform also has a dashboard that covers the order, position and holdings of the user, making it easier for them to track and act separately.
“The partnership with TradingView brings us a step closer to our vision of constantly innovating and enhancing our users’ trading journey. We want to render the best charting experience to our customers using a robust tech-led approach. With this integration, traders on the Upstox platform have access to several charting tools. They will enjoy a powerful stock analysis with 104 indicators and over 80 drawing tools. Further, they can also trade directly from charts and set up to 8 charts simultaneously. We are delighted to start this journey with TradingView and provide our users with a class-apart experience.”, said Shrini Viswanath, Co-founder, Upstox.
Additionally, there is an Options Chain tool that enables customers to choose up to 30 strike prices above and below the LTP of the underlying symbol. It enables access to faster and more accurate charts, seamless order execution, and an option to convert to dark themes.
To add to the momentum of innovations, Upstox’s Margin Trading Facility (MTF) universe has also expanded; increasing the applicable stocks under MTF from 194 to 377. Further, the applicable amount you can get via MTF has been increased from Rs 12.5 Lakhs to Rs 25 Lakhs. With newer discovery tools, users can spot new trading opportunities- Smartlists will help them discover active contracts, open interest and implied volatility gainers.
In the last few years, TradingView has evolved as a popular trading library among the trader’s community to run technical analyses to discover new opportunities. Synergising to enhance trading for users, Upstox has introduced this facility on their platform to augment their journey and provide them with the right tools that will guide them along the way.
