What are TradingView alternatives in India? I want to know about some alternatives that can be used in place of TradingView.
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- Updated On:02-Apr-2024
- Replies:3
Short Answer
Are you looking for TradingView alternatives in India? We have compiled a list of some of the best charting platforms for investors and traders.
Detailed Answer
TradingView is one of the best platforms for traders who are interested in charts, particularly those who are into price action trading and chart pattern trading. It enables them to make charts, analyze financial assets, and customize technical indicators.
Millions of traders use these curves, lines, and patterns as indicators to help them trade and study historical indices or stock movements.
However, there are some restrictions with TradingView. For example, if you don't have a subscription, you can't use the bar replay option or more than three indicators at once. Because of this, a lot of new or even seasoned traders are looking for alternatives to TradingView so they can use these features for free.
For the Indian audience, there are many more alternatives to TradingView like- Zerodha Kite, FataFat Stock Screener, Self Trades, StockMock etc. All these have different prices starting from 320/- to 700/-.
The only drawback of TradingView in India is that it can be used via Dhan. Therefore, it is crucial to look for alternatives. Almost every Indian either invests or would like to invest. So, proper education and knowledge is needed.
Usually, people get confused between TradingView and Zerodha. As it is also the top alternative. But it rests upon the wish of the customer that which interface they prefer more.
So, today we have come up with the 2 Best TradingView alternatives in India.
What are Tradingview alternatives in India?
There are many Tradingview alternatives available in India, or even if you have a demat account with a discount broker, you can find charting and analysis tools on their platform. However, these are not as sophisticated as Tradingview and do not have the same features.
So here are the two best alternatives to Tradingview in India that you can use, and the best part is that the features that aren't free in Tradingview are available here for free or with a minimal fee.
1. GoCharting
GoCharting is a cutting-edge charting, trading, and analytics platform that runs on both web and mobile platforms and supports all asset classes and multiple exchanges, including NSE and MCX.
GoCharting Features
- 130+ pre-built most popular indicators
- 100+ smart drawing tools
- Volume Profile indicators
- Built-in CandleStick Patterns
- Facility for paper trading
- Candlestick patterns recognition
- Multi-timeframe analysis
GoCharting Additional Features
- More than three indicators, two active labs, and the Bar Replay Tool are all available for free.
- Additionally, you can access 4 active tabs, 200 saved layouts, and custom time intervals with the pro plan, which costs Rs 500/month.
- GoCharting is integrated with many brokers like Deribit (Cryptocurrency), Coinbase (Cryptocurrency), and Fyers (Indian Stock Broker), which means communicate to your broker/exchange from the GoCharting platform.
There are many features currently in development and might become available soon.
2. Investing .com
Investing .com provides charts, financial tools, breaking news, and analysis for 250 exchanges worldwide. It covers the global markets as well as commodities, cryptocurrencies, world indices, world currencies, futures, and options.
Investing .com Features
- 120+ popular indicators
- Built-in CandleStick Patterns
- Multi-timeframe analysis
- Live global markets, cryptocurrency, and world indices.
- Live Global Market updates
- Price alerting system
Investing .com Additional Features
- Tools like a currency converter, stock screener, and Fed rate monitor are present in it.
Tradingview Alternatives in India
GoCharting and Investing .com are the best Tradingview alternatives in India. These sites offer many features that are not included in the free version of Tradingview but are available here for free. Do you have any other stock screeners, stock charting software to add? Feel free to discuss.
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Discussion (2)
There are plenty of alternatives to TradingView in India like MetaTrader 5, Binance Broker, eToro and many more. But even Indians are open to using TradingView with Dhan.
If you're looking for a straightforward and comprehensive take on options trading, then Sensibull should do the job perfectly. However, if you're and expert and want more complex trading tools, then Opstra is the one to choose.
Investar India claims it to be an India based Stock Market Software, which offers various crucial functionalities such as Fundamental Analysis, Technical Analysis, Portfolio Management, and so on.
Sensibull is an online Options trading platform that provides various Analysis tools that can be used to have a better understanding of the Options as well as to create and deploy various Option Trading Strategies that can be used by Investors & traders to Speculate as well as Hedge their existing portfolio. The Option Chain is an important feature of Sensibull. It is discussed in detail below.
The things to look out for are the patterns, candle stock patterns, the trend in the market, support, and resistance lines. Using this, you can include several other things based on your trading preference.
With the increasing exposure of the stock markets, more and more people are trying a hand in options trading. Options trading have become a lucrative place for individuals to earn money. The reality is certainly different. More than 95% of individuals lose money in Options trading, There are various reasons behind this. Find out the reasons for losses and the steps by which you can be a profitable options trader here.
Screener offers a set of pre-existing filters or screens which you can use to filter stocks. It also provides the feature to create your own screen to filter out stocks with your own defined parameters. Using both of these features you can find undervalued stocks by adding certain parameters such as PE, RoCE, etc
Indian stock market is undoubtedly profitable, but your level of discipline and knowledge will determine how you manage and handle it. So, let's catch up a few in-depth insights on the robust stock market in India.
To find good companies out of the thousand companies listen on the Indian stock exchange, you can filter stocks on the basis of certain parameters such as Market cap, Debt to Equity, Dividend payouts, Revenue and Profits growth, etc. You can easily use an online stock screener to find out these stocks.
Fundamental analysis is an important part of stock investing. You can either refer to the company’s quarterly reports for the data or use any fundamental analysis and stock screening platform to analyse the data. Using a stock screening platform makes the job much easier as you get all the necessary data curated in one single place.
In this current day and age, options trading has become the new cool thing that everyone wants to try. There are many option trading platforms out there that provide various Option trading tools. Sensibull and Opstra Definege are 2 of the most prominent names in the industry.
Both of them provide all the necessary tools like OI (Open Interest) Charts, PCR (Put-call Ratio), IV (Implied Volatility) chart, etc. But the main question lies, which one of them is a better platform for Options trading. Let's find the answer to that question.
workforvansh9
TradingView is a great platform for charting and stock analysis. However, most of the platform's features are only available in the Pro version which is paid. Thus using investor.com or GoCharting solves the problem!