Tools to power your trades: April 2023

Blog | PRODUCT UPDATE

It’s April and the temperatures are rising. To cool it down for you traders, we are thrilled to announce the latest updates on Upstox Pro!

Our team has been working hard to enhance the user experience and provide you with new and exciting features to make informed trading decisions. Here's what's new:

 

New Wallet Page (Android)

With the aim to be transparent, we’ve revamped our funds screen to make it more clear on the ₹ in your account! How have we done that?

  • When you sell stocks, 20% of the value is blocked until T+1. Customers thought that 20% of their profits disappeared, when in reality, it's just part of the settlement cycle. We've made this more clear and upfront in our new design.
  • We've made it crystal clear to show how much ₹ can and cannot be withdrawn due to the settlement cycle.
  • We've broken down total cash into:
    > what's available/unavailable to trade
    > what's used in margin against any position or trade
  • Most brokers just show your collateral margin. We've revamped it to show you how much collateral can be used based on available cash and how much is utilised.
  • We've broken down your margin into margin blocked for F&O physical settlement and unrealized intraday loss.

 

iOS UX Makeover: Everything you love from the old app is back

  • Based on your feedback we’ve moved market depth up. And brought back 52-week high and low data
  • You can even view circuit limits and OHLC data upfront - no more scrolling! 
  • The large font size LTP on the main summary screen has been removed! 
  • Option Chain is now a separate tab
  • You can easily switch between charts and Option Chain
  • With separate tabs for Orders and Portfolio, track trades in fewer clicks
  • View all 4 metrics of your trades at once - Amount Invested, Current Amount, Total Returns and Today’s Returns

 

Position Analysis: Powered by Sensibull (Android)

The most awaited analysis tool is now available in Positions. You can analyse the payoff of all open positions in F&O using the analysis tool powered by Sensibull. It will allow you to - 

  • Analyse your F&O positions
  • Estimate P&L based on your preferences
  • Observe max P&L and breakeven probability of profit
  • Experiment with Greeks, IVs and more

 

In-depth OI Analysis (Android)

Have you explored the all new F&O Discover section on Upstox? The latest feature addition to this section is:

A visual representation of open interest (OI) data with following key metrics for NIFTY and BANK NIFTY option contracts:

Absolute OI: See the strike prices with maximum OI and easily find out support and resistance levels

Change in OI: Learn the change in call and put OI at different strike prices for a selected expiry

Put-call ratio (PCR): Know how many put option contracts are open versus call option contracts for a particular expiry. 

Max pain: A theory which gives insight on the maximum loss (pain) to the highest number of options buyers. Alternatively, it also means a minimum loss to option sellers. Max pain graph indicates correlation between PCR and the Spot Price for a particular expiry.

How will these help you? With these you can analyse market sentiment, identify which strike price to trade in and find new trading opportunities.

 

Dedicated Content Section (Android)

We’ve brought all the latest news and updates along with insightful videos, all within the app! This will give you easy access to real-time, actionable and curated content on stock discovery. Think news. Think content. We have it all!

The small updates!

  • Experience faster screen transition from login to watchlist, scrip details and Order entry
  • Price alert on options now allows price input with a higher range
  • Order entry on Upstox Pro Web has been upgraded for a seamless experience between web and mobile
  • Increased the number of scrips from 200 to 450+ that can be pledged against margin

We are committed to give you the best possible experience, and we hope these updates will help you achieve your trading goals. As always, if you have any feedback or suggestions, please don't hesitate to reach out to us.

 

Still on the old app?🤔

👉If you’re using old Upstox app (blue): The new features are only available on the new Upstox app.
Once you download the new app, login with your registered mobile number → Go to ‘Accounts’ tab at the bottom of the screen →Switch the toggle button to ‘Upstox Pro’ from the top of the screen.
CTA: Download new Upstox

👉 If you’re already using new Upstox app (purple): Directly go to ‘Accounts’ tab at the bottom of the screen. Switch the toggle button to ‘Upstox Pro’ from the top of the screen.
CTA: Take me to the app

Download IconDownload the Upstox App Today