When you are tracking a stock during the Closing Auction Session (CAS), knowing where the closing price is likely to settle is important. To help you track this, we have now added key CAS details to Market Depth, so you can view the Reference Price, Indicative Close, and Imbalance during the session.
The Reference Price is the Volume-Weighted Average Price (VWAP) calculated between 3:00 PM and 3:15 PM. It will be used as the reference price for CAS.
The Indicative Close shows the estimated closing price based on the buy and sell orders available during CAS. It can change as orders are placed, modified, or cancelled.
The Imbalance, which is the difference between unmatched buy and sell quantities during CAS. A positive value indicates excess buy quantity, while a negative value indicates excess sell quantity.
You can find these details under Price Stats in Market Depth on FYERS. Read more about the Closing Auction Session (CAS).
Learn how to view CAS insights in Market Depth.