Top 5 Free Stock Market Analysis Tools for Indian Investors
By examining patterns and trends in your stock trades, you may increase your profits and gain a better understanding of how the market operates. Using a variety of digital and online resources or joining stock market classes Ahmedabad can help you advance your trading skills and discover more about the companies you are interested in. It is useful to read about some of the applications that traders frequently use if you want to learn more about the resources available to you for stock analysis. To help you with your analysis, we’ve compiled a selection of the best professional stock analysis tools in this post.
1. TradingView
With the TradingView app, you can monitor stock prices and chart fluctuations. This might help you learn more about trading because of its characteristics, which provide you with an understanding of how market trends evolve. TradingView can be used as a mobile application by using custom scripts. Additionally, TradingView has integrated educational resources that you can utilize to deepen your understanding of how markets function. The free as well as paid version of the Tradingview website is extremely useful for traders as well as investors and is very popular as it has tonnes of information available.
2. Trend Spider
With the help of an application called TrendSpider, you may see changes in stock prices minute by minute. It offers tools for analyzing, graphing, and automating a range of processes associated with stock trading. Depending on your preferences, TrendSpider can also notify you of any changes in the market. You can use this to receive notifications anytime a stock hits your desired price.
3. Ticker Tape
Ticker Tape is a portal that provides information about mutual funds, equities, exchange-traded funds, and other investment instruments. Among the many services it offers is a stock screener, a tool for evaluating stocks based on a variety of technical and fundamental criteria. Additionally, it has an index of market mood that displays how the stock market is feeling. Details on large-scale transactions made by high-net-worth individuals, banks, mutual funds, and important staff members are available on Ticker Tape. Large amounts of stock are being bought and sold simultaneously in these bulk trades, which has a significant impact on the stock price.
4. Money Control
Moneycontrol is a website that provides both technical and fundamental stock analysis. A wealth of information may be found on this website, including charts, live stock prices, mutual funds, initial public offerings, and market news. Numerous companies’ technical and basic information can be found on this page. On this website, you may also keep track of your investments and make wish lists.
5. Screener
A helpful tool for stock market analysis is Screener. It makes the financial statements of different companies accessible. Its customized financial reports’ display of only pertinent data is a key feature. By breaking down a company’s lengthy financial statements into digestible sections, Screener makes it easier for you to understand and evaluate balance sheets, annual reports, and other important financial data. It lets you create screens that follow unique guidelines and tactics. Additionally, right from your client dashboard, you can quickly set up automated email notifications for different market conditions.
6. National Stock Exchange or NSE
For technical and fundamental stock analysis, the NSE website is helpful. This website offers reliable and current information through frequent blog postings, technical analysis, and basic stock analysis. It requires financial reports from all listed corporations. Any company’s historical and current financial data is available. The NSE Mobile Trading software makes it simple to keep an eye on the stock market.
