5 Top Tools to Learn Indices Trading

How to do Indices Trading: Guide to New Trend in India

By Ella Williams Apr 22 2021 11:49PM 2031 Read
How to do Indices Trading: Guide to New Trend in India

There are several methods to learn to trade, but when it comes to effective ways, then there are fewer tools. Here in this chapter, we will learn about the best tools that can be used to learn indices trading.


Index meter is one more available tool for traders who are keen to learn index trading. Many indices which contain various sectors do not always move together. But if you want a grip on your portfolio, then there is a need to understand which sector moved and how much it has moved. If you have a top-down strategy of trading, then an index meter is handy for you.

It is a unique tool that allows you to track all the real-time fluctuations of almost all leading stock market indices. Within indices, this tool also provides information about the stocks.

This tool allows you to check the pulse of the market at any time with a heat map. Also, it provides more information than a heat map. Using an index meter, you can easily track almost 30 various indices. You can check which indices it covers from below:

  • Nifty 50
  • Nifty Pharma
  • Nifty FMCG
  • Nifty Realty
  • Nifty Energy
  • India VIX
  • Nifty Bank
  • Nifty PSE
  • Nifty PSU Bank
  • Nifty Service Sector
  • Nifty MNC
  • Nifty Midcap 50
  • Nifty Commodities
  • Nifty Infra
Demo Account

If anyone learns anything with a practical approach, then there are higher chances that the person will remember for longer compared to other methods. When it comes to the trading market, which is a susceptible market that changes every other second, it is not possible to learn everything just with theoretical knowledge. No one can master trading unless he/she hasn't tried it for real. Here the demo account plays its role. Any beginner can learn from a demo account without losing real money.

Candlestick Pattern

A candlestick is a single bar that shows the price movements of a particular asset for a certain time period. A Japanese rice trader developed the candlestick patterns in the late 1800s.

Candlestick patterns give a trader a lot of information about the assets price movement. A candlestick pattern shows you the opening, closing and high low price movement of a stock or asset for a certain period.

Candlestick patterns are easy to understand, and when you see them frequently, they will seem similar to you, but they aren’t. Every candlestick pattern has a different meaning. Candlestick charts play an essential role in decision making when a trader buys or sells a particular asset.

Indices Trading Books

Books are the best when it comes to learning because a book is a collection of an author’s life experience. It is imperative to understand the basics of anything that we want to execute and nothing is better than books that can clear all our doubts. And the same concept applies to indices trading, which is a very delicate market. If anyone will enter it without having enough knowledge about the market, it has the capacity to destroy that person.


One more way to learn indices trading is by trading courses. These are excellent way to learn trading skills online. You can get these trading related courses online, offline, anywhere. Most of the good brokers also provide educational materials to their clients to quickly learn trading without any difficulty and make a good profit.

The courses are written by experts who have in-depth knowledge of the industry. Before choosing a course, make sure that you do not get stuck with a wrong course that will waste both your efforts and time. If you are looking for the right index trading course, then here is one for you.

Bottom Line

These are the most popular tools to learn indices trading. The best method to learn anything is with a practical approach. So if you get any chance to learn index trading with a platform that provides demo accounts and educational material, then you should grab the opportunity. ROinvesting is such a trading platform that helps its clients by providing them with a demo account with virtual money and educational material to learn and trade without facing any difficulty quickly.

Ella Williams
Ella Williams View More Posts

I am currently the PR and Branding Director of a Chinese finance club and the Assistant Coordinator of Our Own College, Dubai, and Students’ Committee. I am currently a final year student, pursuing a degree in marketing.

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