Technical analysis softwares helps investors and traders in understanding details before making day to day investments. With the advent of more and more computer applications, intraday trading is made easy, especially for short term trading activities. The dilemma over the profit derived from online trading platforms still remains as brokerage fees and commissions take away a major portion of the profit potential. Hence it is important to choose an automated software system that provides cost-benefit analysis, their assessment for individual training needs and strategies, and other tools that you may need. Other automated features such as chat rooms, proprietary tools, data charts and indicators for doing technical analysis may also be available.
Day trading is a time intensive trading activity where you can buy or sell positions and close them on the same trading day. Here you can make profits with smaller price differences on large order volumes by frequently carrying out buying and selling (generally on leverage).
If you’re looking for a commercial free technical analysis software for Indian stock market, NSE Traders Den has got you covered.
Nsetradersden.com has the best free technical analysis software for Indian stock market that helps you become a successful trader without any prior experience. It is a technical and fundamental stock analysis software that also excels in portfolio management of the Indian stock market of NSE, BSE or NSE F&O. It is ideal to be used for anyone wanting to learn Indian stock analysis.
Here are a few features of the NSE Trader’s intra day trading software that you may find useful:-
- Their charting and analysis software which will provide you with positional buy and sell signals for stocks’ trend, momentum, indices, currency, metals, and equities.
- Make High Momentum calls through live scans
- The best stock analysis software that shows all sectoral indices, and dashboards with heatmaps and graph on a single page
- They also have the best stock screener and Indicator for MT4 Charting Platform with a customised scan technology.
- Get the latest, up-to-date stock news everyday from relevant news sources.
- Find reports or research papers on the stock market that you can go through to be well informed on investments.
- Constantly monitor the relevant data on companies you’re interested in. Data such as a company’s revenues, worth, stock prices, quarterly reports, etc., is important to make an informed decision prior to investment.
A number of features such as number analysis, accurate indicators and screeners are important in a stock analysis software to make your trading practices successful and efficient. There are plenty of softwares that will be available on the internet, and based on user testimonials, NSE Trader’s software has converted many newcomers into full-time day trader’s.