will seniors explain the Market Depth in detail.
it is the small box shown for particular scrip for that particular day... showing information of 5 bid and ask prices ( at a time ) for that scrip for that day....
my queries r ...
1) bid prices r shown in lower denominations say like 75, 74.95, 74.85, 74.80 etc.. while ask r shown in grater denominations like 75.10, 75.15, 75.25...and so on...
how the prices moves.... on the basis of the time of order placed by the customers or any other criteria ?
2) it also shows the total buy qty and total sales qty.... is this the qty already bought / sold or the qty. which is still pending.