Friday, June 27, 2014

Best Stock Watchlists for Indian Market

Watchlsit is a list of securities being monitored for potential trading or investing opportunities. The watchlist may provide an alert, fundamental, performance and technical view in an attempt to find high probability for trading & investment.

We conducted the survey of all the major players allowing users to create watchlist and compared their features. This might help readers to make the rights choice based on their need.


What should we look from a watchlist solution


Features
Benefit
Allow to set Alert
User can setup email alert on major event happening on watch list stocks
Fundamental View
Provide view to users with key financial ratio and other information.
Performance View
Provide users to view the return of watchlist stock over a period of a time on daily, weekly, monthly or yearly basis.
Custom View
It allows users to create custom view of a watchlists. Like add or remove financial parameter in the view.
Compare price charts
It helps users to compare multiple stock's daily price chart.
Multiple Watchlist
Multiple watchlist involves the ability for a user to create multiple watcthlist under one account.
Export Data
It allows to export watchlist view's data in excel or csv file.

How various available solutions rank on expected features? 

WebsiteSet AlertFundamental ViewPerformance ViewCreate Custom ViewCompare price chartsMultiple Watchlist
Export Data
Money ControlYesNoNoNoNoYesNo
RediffmoneyYesNoNoNoNoNoNo
IndiaInfolineNoNoNoNoNoYesNo
ET NowNoYesYesYesNoYesNo
AskkuberNoYesNoNoNoYesYes
Google FinanceNoYesYesNoNoYesYes
EdelweissNoYesNoYesYesYesYes  

Conclusion

Not single watchlist provides all the features. It depends on users to choose the feature they care most.e.f. I need Multiple watchlist the most then i will go for it along with the one which allows me to export data, so that i can do more research on the stocks.

4 comments:

  1. I think Google Finance allows to track price movements of multiple stocks on single chart, no?

    ReplyDelete
  2. Hi, where in moneycontrol exists multiple watchlist option ?

    ReplyDelete
  3. which watch list sostware allows to set notes while adding a stock. Also i wish to edit the notes.

    ReplyDelete
  4. Market keeps on fluctuating and as per market conditions stock may perform well or not. Traders should identify potential stocks which can help in earning good returns and trade with them. Stock market traders can follow financial advisory services to manage their risk and returns in a better way.

    ReplyDelete