Best free nifty charting software for technical analysis

Charting Software plays a very important role in the success of traders and investors. They do technical analysis with the help of these charting tools to predict the movement of equities , commodities , derivatives or currencies . These software are generally quite expensive . I did some research and founded some best free nifty charting software for technical analysis .   

1. ChartNexus Charting Software

ChartNexus comes with  a comprehensive list of popular indicators and 3 years of market data for free . It has features like brokerage calculator ,watch list , portfolio manager , data downloader Fibonacci retracements, fan, arcs and timezones , Tools for doodling, drawing shapes, trendlines, lines, arrows . You can also Create multiple indicators of the same kind e.g. MA10, MA14, MA20 etc. on the same chart . It supports   NASDAQ & NYSE (US), BSE & NSE (India), Bursa (Malaysia), HKSE (Hong Kong, China), HOSE (Vietnam), JSX (Indonesia), PSE (Philippines), SET (Thailand), SGX (Singapore), SSE & SZSE (China), TWSE & TWOTC (Taiwan)

2. FiboTrader

Fibotrader enables you to develop, test and run nearly every imaginable trading strategy. It offers a wealth of tools for analysing charts , it has features like Point & Figure pattern detection,Candlestick pattern detection ,Support and Resistance detection ,  Overlay charts , and many more . It has more than 60 built in indicators More than 20 intuitive drawing tools, including Fibonacci, Gann and Phi tools . The free version of fibotrader has one limitation , you have to manually import the data .

3. AptiStock

AptiStock is the free stock market analysis software for every level of stock market traders.It helps traders to be more success in the stock market trading by helping the traders to know when is the right timing to enter the market and when to avoid trading so that to preserve the hard earn money when the market is changing trend

4. Fcharts

FCharts SE is a free stock charting program which will import price data from a wide range of sources, displaying it as OHLC, Candlestick and Line charts.It has a number of built-in indicators (MACD, RSI, Exponential and Standard Moving Averages), or you can write your own with the inbuilt formula language and display them as standalone charts or overlays.

5. IndiaBulls Online Technical Analysis Tool

IndiaBulls offers online technical analysis tool , which is based on metastock , a popular tech analysis software .

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