Chartink Screener Review: Is It Reliable?
Chartink is a widely used stock screening platform among Indian traders, particularly for its customizable filters and real-time scanning capabilities. In 2025, it continues to be a valuable tool for both novice and experienced traders. Here’s an in-depth look at its features, reliability, and suitability for your trading needs.
What is Chartink?
Chartink is a web-based stock screener tailored for the Indian stock market, primarily focusing on NSE-listed stocks. It allows users to create custom scans based on a variety of technical indicators, price actions, and volume patterns. The platform offers both free and premium subscriptions, catering to different levels of trading requirements.
Key Features
- Customizable Scanners: Create scans using a wide range of technical indicators like RSI, MACD, Bollinger Bands, and more.
- Pre-Built Scans: Access a library of ready-made scans for common trading strategies.
- Real-Time Data (Premium): Premium users receive data updates every minute, enhancing the timeliness of alerts. Chartink
- Alerts: Set up alerts for specific scan conditions, delivered via web notifications, email, or SMS.
- Mobile App: Chartink offers a mobile application, allowing traders to monitor scans and alerts on the go.
Reliability and User Feedback
Chartink has garnered positive feedback for its user-friendly interface and effective scanning capabilities. Users appreciate the ability to customize scans and receive timely alerts. However, some users have noted a slight delay in data updates, even with the premium subscription, typically around 1-2 minutes.
Pricing
- Free Plan: Offers access to basic scanning features with data delayed by approximately 5 minutes
- Premium Plan: Priced at ₹780 per month, it provides real-time data updates every minute, along with advanced alert features.
Pros and Cons
Pros:
- Highly customizable scanning options.
- User-friendly interface suitable for traders of all levels.
- Affordable premium pricing.
Cons:
- Slight delay in data updates, even in premium version.
- Limited to NSE stocks; does not cover BSE or international markets.
- Lacks advanced features like backtesting or integration with trading platforms.
Conclusion
Chartink stands out as a reliable and cost-effective stock screening tool for Indian traders, especially those focusing on NSE stocks. Its customizable scans and real-time alerts (in premium version) make it a valuable asset for intraday and swing traders. While it has some limitations, such as slight data delays and lack of integration with trading platforms, its customization and user experience strengths make it a worthy consideration for traders seeking an efficient screening solution.
For a visual guide on utilizing Chartink for intraday options trading, you might find the following video helpful:
