Forceites’ online stock analysis tool launched

Forceites has announced the launch of an online stock analysis application that will generate calls for customers on stock price movements. The product, called Interday Trading Signals, is available through Vantagetrade.com, which has been developed by Forceites.

The stock analysis portal provides daily stock picks, and buy and sell calls on any stock traded on the BSE, NSE, NYSE and NASDAQ.

“Retail investors always find it difficult to decipher appropriate entry and exit points, especially during volatile times. We are aiming at empowering this section with our analysis,” said Mr Sharath Kaza, CEO of Forceites.

Mr Vivek Bhargava, Director of Forceites, said: “It is designed to cater to the needs of retail investors by providing entry and exit points and the underlying trends for the stocks that they are considering.”Vantagetrade portfolio will keep track of an individual’s stock portfolio and will give the user timely SMS and email alerts, added Mr Kaza.

Investors can subscribe to this service at Rs 599 a month for the silver package, and Rs 1,399 a month for the gold package. There is a basic service that is free.

“We will launch a package called platinum for those investors who trade on an intraday basis,” said Mr Bhargava.

The portal had a beta launch in May 2008 and has a registered user base of 17,000. Until now, the portal only provided services for delivery-based trading, which is for longer term investors.