Web based Charting

stumper · #1 14th March 2006, 08:08 PM

Hi ,

I'm new to this forum so please excuse my comments if this topics has already been discussed on this forum.

I understand that many people here have been talking about using software like AmiBroker, FCharts, etc. A few have complained about not being able to import BSE data to a this utilities. A few use utilities which in turn fetch the data from *****(specially for BSE)

I personally havent used any of this software(did give it a try once .. but could not handle all the tweaking...cant do much hard work ... ha ha). For sometime now i have been using the web based charting facility from BSE and Sify. Both are free.

I would not personally recommend anybody to use such utilities which import the data from ***** finance. I have found that the data is not acurate many a times, historic data is not available sometimes and i could not find data for many a companies.

Considering that you will be investing/trading your hard earned money based on your analysis of the data, the data better be most accurate.

Other option, and which should be worth its money, is to use commercial tool's like the one available with PowerBull, IL&FS or say ShareKhan. I will skip my advice on this tools as i havent used this tool, but a call to this services will surely get you a hand-on demo of the tools. You can decide after getting a feel of the respective tool.

I wanted to horn my skills before investing in this commercial utilities so had to skip them.

I instead use online web based charting tools. BSE and NSE both have charting facility and the data is pretty much accurate. Others like *********/finance and hdfcsec.com(similar to myiris.com) also offer online charting facility.

One of the member of this forum also posted his link which looked nice (To be honest Havent used it ..just tested it for 3-4 charts)
http://www.icharts.in/getchart.php

Just some of my thoughts.

Regards ,
Stumper

aca_trader · #2 14th March 2006, 09:10 PM

Quote:

Originally Posted by stumper

Hi ,

I'm new to this forum so please excuse my comments if this topics has already been discussed on this forum.

I understand that many people here have been talking about using software like AmiBroker, FCharts, etc. A few have complained about not being able to import BSE data to a this utilities. A few use utilities which in turn fetch the data from *****(specially for BSE)

I personally havent used any of this software(did give it a try once .. but could not handle all the tweaking...cant do much hard work ... ha ha). For sometime now i have been using the web based charting facility from BSE and Sify. Both are free.

I would not personally recommend anybody to use such utilities which import the data from ***** finance. I have found that the data is not acurate many a times, historic data is not available sometimes and i could not find data for many a companies.

Considering that you will be investing/trading your hard earned money based on your analysis of the data, the data better be most accurate.

Other option, and which should be worth its money, is to use commercial tool's like the one available with PowerBull, IL&FS or say ShareKhan. I will skip my advice on this tools as i havent used this tool, but a call to this services will surely get you a hand-on demo of the tools. You can decide after getting a feel of the respective tool.

I wanted to horn my skills before investing in this commercial utilities so had to skip them.

I instead use online web based charting tools. BSE and NSE both have charting facility and the data is pretty much accurate. Others like *********/finance and hdfcsec.com(similar to myiris.com) also offer online charting facility.

One of the member of this forum also posted his link which looked nice (To be honest Havent used it ..just tested it for 3-4 charts)
http://www.icharts.in/getchart.php

Just some of my thoughts.

Regards ,
Stumper

Stumper,

Thanks for your advise. However, the web-based charting facility which is provided by metastock has a serious short-coming that only a few indicators can be used at a time. Hence, analysis becomes quite cumbersome. Besides, historical intraday data is not available with them.

About the broker charting tools, there are good on a number of aspects but sometimes the indicators are not prone to much manipulation. Like, in PIB, ADX, +DI and -DI appear in seperate windows and thus one can hardly use this very much useful tool.

Still, for newcomers, who are learning TA or one who can't afford costly s/w in the initial phase, these tools are quite useful and recommended.

Best Regards,
--Ashish

jntrade · #3 15th March 2006, 06:13 PM

HI
Any comments for Technical analysis charts in ***** site?
There are many indicators. Is it useful for beginers?
The data for stocks are realtime for registered users.Now they provide long range charts for NSE scrips.
Regards

bharatk8 · #4 15th March 2006, 06:36 PM

hi jntrade... ashwani gujaral has recommended ***** finance in his book

Agilent · #5 15th March 2006, 11:12 PM

I am frankly impressed by many features in the charts, such as choosing the period right down to the day.

In fact thats a bit of overkill. I suggest you have drop down menus for dates offering only 1st to 30th (of any mth) as options.

So if I want to know (let's say for some academic case study) how Mysore Cement behaved from 1 Jan to 28 Feb last yr, I can very well do so (I can't view that on ICICI Direct).

Excellent !
AGILENT

jntrade · #6 16th March 2006, 12:24 AM

Hi,
Is there any way to get historic intra day data for Nifty,so that we can have better idea about movements during specific periods.Now I am using 5 day charts from ***** and saving weekly entire chart as images then using that images to get close look for, say a month

Any better idea or charts?
Thanks

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