What is market depth and how to view it on Carbon?

Market Depth is a valuable feature that reveals the top 5 buy (Bid Prices) and sell (Ask Prices) orders for a stock, helping traders gauge demand and supply at various price levels. By showing the current buying and selling interest, this tool supports informed trading decisions and provides valuable insights for Market Depth Analysis, enabling traders to better understand a stock's liquidity and overall market sentiment.

In addition to bid and offer levels, Market Depth displays key trading information, including the stock’s Open, High, Low, and Close (OHLC) prices for the day, the total volume of shares traded, and the circuit limits (the maximum and minimum price movement allowed during the session). This data helps traders understand the stock’s recent price activity, identify potential trading opportunities, and analyze the stock’s trading range throughout the day.