Published on: July 3, 2024
We would like to thank you for your continued trust in us.
In our continuous endeavour to provide you with a superior platform for analysing markets, we keep enhancing the product features based on our ongoing research and feedback received from our esteemed customers.
In line with the same, we would like to inform you that we have added some new features to our platforms recently which are listed below:
If you are a short-term trader, a positional trader, or a long-term investor, whether you follow technical analysis, fundamental analysis, or options strategies, you will find several very interesting and innovative features in the Definedge universe.
Our Platforms
Technical analysis: Zone, RZone and TradePoint
Fundamental analysis: Radar
Mutual Fund analysis: MFZone
Options Strategies: Opstra
Mobile applications: Zone, Opstra
Definedge Sectors
There are many sectors which move but we come to know about them afterwards. We have divided almost every NSE stocks in 65 different sectors and created a Definedge sector universe. You can also view the chart of the sector and come to know whenever there is a move in any stock sector. You can run all scanners on these groups.
This feature is available in Zone, RZone, Zone mobile app and Radar platforms.
Scrip Report
A complete and detailed technical report for any stock is available in RZone. More than 1100 parameters are scanned and a report with all important points are presented to you for the stock. The stock is also scored based on the multiple technical patterns and indicators.
This feature is available in RZone and Zone mobile app.
Path: RZone -> Scrip Report -> D Stock Report
Real-time Technical and Fundamental Scanners
Real-time technical scanners are now available on the Zone mobile app. Nifty analysis (Auto-generated technical report), Sector analysis, Candlestick chart patterns, P&F patterns, Renko patterns, Indicators, Trading Strategies, Relative strength strategies etc. are now available on Zone mobile app.
Momentum Investing
Momentum investing is a method of investing. This has become very easy with Definedge now. You can create your own Momentum investing model and invest in the stock.
To learn more, please click here.
Path: RZone -> Smart Scanners -> Momentum Investing Scanner
Fundamental Analysis
Sector Analysis
Analyze sectors at a macro level, focusing on sales, profit growth, profit margins, and institutional buy/sell activities.
This feature is available on Radar.
Corporate Actions and Real-Time News
Track corporate actions like dividends, splits, and buybacks along with their ex-dates. Stay updated with real-time news and get information on board of directors and their remunerations.
This feature is available on Radar.
Custom Stock Scoring
Create your stock scoring system by setting your preferred weights and parameters to score each company according to your criteria.
This feature is available on Radar.
Valuation Algorithm
Our valuation algorithm includes both a Discounted Cash Flow (DCF) calculator and a reverse DCF calculator, helping you accurately assess a company’s intrinsic value.
This feature is available on Radar.
“Stocks Action” Tool:
Track which companies witnessed significant buying and selling by mutual fund schemes each month. This tool provides valuable insights into market trends and fund manager actions.
This feature is available on MFZone.
Mutual Fund analysis
Mutual Fund Ratios, Trailing Returns, and Detailed Stock Portfolios:
Access and compare key financial ratios and trailing returns for all mutual fund schemes. Additionally, view detailed stock portfolios for each mutual fund scheme to clearly understand the underlying investments. This combined information is essential for evaluating fund performance and making informed investment decisions.
This feature is available on MFZone.
Category and Market Cap Exploration:
Explore mutual fund schemes based on equity or debt categories and market cap classifications. This helps you find the right funds that match your investment strategy and risk tolerance.
This feature is available on MFZone.
Scheme Scanning and Filtering:
Sift through mutual fund schemes using criteria such as ratios and trailing returns. This tool makes it quick and easy to narrow down your options to the best-performing funds.
This feature is available on MFZone.
Options Strategies
Multi-TOI and Multi-ticker TOI
Using Multi-TOI, you can add 3 TOI lines in a single chart, using which you can identify the trend or support and resistance of the underlying. Using Multi-ticker TOI, you can plot TOI lines for 2 tickers in a single chart, using which you can study the strength/weakness among two tickers or among a ticker and index.
To learn more, please watch this video.
Unusual Options Activity
Unusual Options Activity scans all the options of stocks as well as Indices and lists the options having significant Volume activity compared to its Open Interest, indicating volume spike in those options. Clicking on each displays line charts for its Price, Volume, Open Interest, Volume-OI ratio along with underlying futures and strike PCR.
TRIVIDH
TRIVIDH feature under Open Interest menu shows scrips qualified for TRIVIDH strategy which filters scrips using 3 screening processes. Initial filter checks Volume spike in Underlying futures, post which Unusual Options Activity is checked for its options. Then objective price action of ATM strikes of underlying is studied using Adaptive RSI indicator on its PNF chart.
To understand TRIVIDH better, please refer to this video.
Save for Options Simulator
In Options Simulator, you can now record/save each modification/addition while simulating your Options Strategies using “Record Simulation” feature. You can also open and view your saved simulations along with the checkpoints recorded during the process.
P&L Insight
P&L Insight and Intraday P&L chart
In this feature, you will be able to see an equity curve in addition to an intraday P&L chart (realised and unrealized P&L) to observe how it behaved throughout the day.
This feature is available in MyAccount.
Path: MyAccount -> P&L Reports -> P&L Insight