Stock market investing requires deep research to find profitable investment opportunities at the right time and at the right price. However, analyzing the current market outlook through manual or outdated tools can be strenuous and time-consuming. SMC Global Securities automated trading analytics tool “Autotrender” is a one-stop solution to all the problems. In this blog, we’ll discuss in detail how this market analysis software helps in a better trading setup.
How Does Autotrender Help Traders?
Autotrender is a web-based trading platform that is developed and designed by experts and facilitates better decision-making. It can be easily accessed on multiple devices such as mobile phones and tablets.
Market Analysis in a Click
Autotrender, as the name includes “auto” and “trender”, provides automated daily market trends and is best suited for intraday and positional traders. It tells you the market direction (bearish or bullish) through charts and indicators. You will also get the buy, hold, and sell indication of any particular stock as well as the right price to enter, exit, or set a stop loss.
Updated Market Data
Autotrender works on a real-time basis and provides updated market data along with the trend. During live trading, you will get the prediction of market trends and analysis in charting and table form. You can also check the performance of any stock on the live charts.
Various Trading Indicators
The stock analysis is done through multiple indicators such as RSI, Average Directional Index, Parabolic SAR, Williams %R, Bollinger Bands, MACD, etc. Autotrender scans the stocks through all these indicators and provides easy-to-understand information for novice traders.
Comprehensive Coverage on Multiple Indices
You will get the trend analysis of various stock market indices such as Nifty, Bank Nifty, etc. Along with equity, it also covers various segments such as options, futures, bullions, metals, energy, etc. It also provides the sectoral assessment and tells which sector is underperforming or outperforming.
Spot Trading Ideas
Autotrender analyzes the current market trends to give you insightful advice and also generate the upcoming market outlook through sophisticated indicators. You will also get trading ideas based on the ongoing market direction plus the expected future trends.
Builds Confidence and Reduces Risk
All the information and insights are provided through rigorous data analysis and ensure that your trading plans don’t go haywire. This eventually helps in reducing the risk as you’re rest assured that the decision is taken fully backed with research.
Follows Top-Down Approach
Autotrender follows the top-down approach to help you find profit-maximizing trades. Firstly, it provides the analysis of overall stock market performance and tells which sector is going in green or in red. After that, stock selection is done and entry and exit strategy is suggested. Also, the target price and stop loss for a particular trade are proposed.
Market Notifications
On Autotrender, you can create alerts for the market trends for any particular sector or stock. You will get real-time notifications on your invested stocks’ performance and the future market tides.
Conclusion
Autotrender, an automated expert-curated trading tool helps you trade confidently with full market insights on stocks, futures, options, etc. With real-time trading ideas and entry and exit points, you can minimize the chances of loss and identify profitable trades.
Want to know more? Open the Demat account on SMC Global Securities and use Autotrender to trade smartly and convincingly. To know the detailed analysis of different instruments, read the SMC Global Securities Blog anywhere, anytime, and enrich your financial knowledge.
About the Author: I am Sheetal Goel, working as a content writer at SMC Global Securities. I hold 5+ years of experience in financial research and writing. As an Economics graduate and MBA (Finance), I possess the right skills to add value to my work and make finance easy for the readers.
