Remember StockCharts? One of the top leaders in web based charting provider in the world is currently offering Indian Stock Charts. Stockcharts is famous for their Free Charting Platform, Classical Technical Indicators, Point and Figure Charts, Renko Bars, Seasonality Charts, Education on Technical Indicators, RRG Graph, Realtime Charts, Perf Charts, Seasonality Charts and lot more. And now Indian stock market investors can take advantage of those features enabled for Indian Stock Markets.
ONGC Point and Figure Charts
Lots of Indian Investors uses Point and Figure methodolgies in their studies but relatively very less tools in the market to bring better PNF Charting studies. And stockcharts are better know for making custom PNF Charts like percentage basee, ATR based Box Size (Chart Scaling) and custom defined charting scaling. Will throw more lights on this feature in the next article.
Looking for Full Historical Interactive NSE EOD and FNO Charts? Access here
Relative Performance Chart
One can easily plot Relative Performance Chart and animate it and can check the historical relative performance of different sectors, Inter Markets, different stocks and make lot more meaningful to value investors, contrarians and relative performance lovers.
Chart shows relative Performance betweeen CNX Nifty, Bank Nifty, CNX Pharma, CNX Metal & CNX Auto. Can Track Relative Performance here
Stockcharts also provides a blogging environment Analysing India where Indian Traders/investors can learn a lot about recent observations in the Indian Market.
Overall a better visualiztion tool for Indian Stock Market Investors , Technical Analyst and students to learn and read market with better tools. And Stockcharts move to bring Indian Stock Market data into their platform might put lot of local EOD Charting vendors out of business.