Best Software for Share Market Analysis in 2025
To make smart investment decisions, traders and investors need reliable tools to analyze the market. Whether you’re a beginner or a pro, having the right software for share market analysis can enhance your strategy, improve timing, and boost profitability.
Why Use Analysis Software in the Share Market?
Manual analysis is time-consuming and prone to error. Quality stock market software helps with:
- Real-time charting
- Technical indicator tracking
- Backtesting strategies
- Screening stocks
- Receiving alerts
Top Software for Share Market Analysis (India + Global)
1. TradingView
- Best For: Charting, technical indicators, scripting (Pine Script)
- Features:
- Cloud-based access
- User-friendly interface
- Indian and global market data
- Free & Paid Plans Available
2. Amibroker
- Best For: Advanced technical analysis and backtesting
- Features:
- AFL scripting for custom strategies
- Powerful backtest engine
- High-speed scanning
- One-time license required
3. MetaStock
- Best For: Institutional-level data and tools
- Features:
- 300+ indicators
- Predictive analytics with MetaStock Xenith
- Advanced forecasting tools
- Subscription-based
4. Spider Software (India)
- Best For: NSE & BSE-focused traders
- Features:
- Intraday & EOD analysis
- Real-time data feed
- Technical screeners
- Paid Plans with Offline Access
5. Chartink
- Best For: Web-based screeners for Indian stocks
- Features:
- Custom scan builder
- Real-time filters
- No software installation needed
- Free with optional premium
6. StockEdge
- Best For: Mobile analysis & fundamental screeners
- Features:
- Indian stock market only
- FII/DII data, results calendar, news alerts
- Learning modules built-in
- App-based with Free & Premium Plans
Comparison Table
| Software | Type | Key Feature | Best For |
|---|---|---|---|
| TradingView | Cloud/Web | Charting + Indicators | Global + Indian traders |
| Amibroker | Desktop | Custom Backtesting | Advanced users |
| MetaStock | Desktop | Forecasting Tools | Institutional traders |
| Spider Software | Desktop | NSE/BSE data feed | Indian intraday traders |
| Chartink | Web | Custom Screeners | Quick scans |
| StockEdge | Mobile App | News & Fundamentals | Beginners & investors |
How to Choose the Right Analysis Software?
Consider:
- Your trading style (day trading, swing, investing)
- Markets you trade (NSE, BSE, NYSE, crypto, forex)
- Required features (backtesting, alerts, indicators)
- Budget (free, one-time, or subscription)
FAQs
Q1. Which software is best for beginners?
TradingView and StockEdge are beginner-friendly with simple interfaces.
Q2. Can I get free software for share market analysis?
Yes, platforms like Chartink and TradingView offer free plans with basic features.
Q3. Is Amibroker suitable for intraday traders?
Yes, especially for advanced intraday strategies and automated scanning.
Q4. Can I analyze global stocks with these tools?
Yes, TradingView and MetaStock offer global data support.
Q5. Do these tools work on mobile?
StockEdge and TradingView both have excellent mobile apps.
