If you are an existing trader in Indian Stock Markets or just learning technical analysis to start trading, you require a software where you can plot basic as well as as advanced indicators such as Moving Averages, RSI, Bollinger Bands etc on different charts such as Line, Bar etc so that you can predict the direction and quantum of next move.
Well there are many paid as well as free software available for download but being a trader and investor for past 8 years I feel the free technical analysis software provided by some of the largest online stock brokers in India are more than sufficient for even seasoned traders as they are capable of doing both basic as well as advanced level of technical analysis.
Sites that offer free technical analysis software of Indian Stocks in real time are:
1) National Stock Exchange of India Ltd: www.nse-india.com
2) ICICI Securities Ltd: www.icicidirect.com
3) IDBI Capital Markets Ltd: www. idbipaisabuilder.in
4) Moneycontrol (A Network 18 venture): www.moneycontrol.com
To know about these in more details check out the following link: Free technical analysis software for Indian Stock Market
To learn about the basics of technical analysis you can download the following ebook on Technical Analysis: Technical Analysis ebook pdf free download