Without the right app, navigating the stock market can feel difficult. It could be a struggle to track multiple stocks, spot timely opportunities, or respond quickly to market changes. Stock market apps solve these challenges by offering powerful tools that add structure, speed, and clarity to trading. They simplify trading decisions and help traders stay prepared for both risks and opportunities.
Among the different tools traders use, watchlists, alerts, and charts play a critical role. Each one serves a unique purpose, and together they offer a complete trading experience. Take a closer look at each tool below and learn how to use them effectively for better trading outcomes.
Watchlists: Track markets without continuous monitoring
A watchlist works as a customised list of stocks or other securities that you plan to monitor closely. Creating a watchlist saves time by consolidating key assets in one place. With a reliable app for trading, you can group stocks by themes, sectors, or interests like electric vehicles or banking.
To add a stock to your watchlist, simply open the stock page, and click the plus (+) symbol given at the top of the screen. During market hours, you can instantly check price changes, volume, and percentage shifts for the selected stocks. This enables quick analysis without scanning the whole market or shifting across screens.
Alerts: Never miss a market move
Setting alerts in a stock market app allows timely action, reduces the chance of missing crucial moments, and makes trading more focused. Look at some types of alerts you can set:
Price alerts: When a stock reaches a specific price level.
Percentage change alerts: When a stock’s price changes by a set percentage.
Technical indicator alerts: When indicators like moving averages or Relative Strength Index (RSI) cross certain thresholds.
Market event alerts: When earnings releases, dividend announcements, or market open and close times occur.
News alerts: When significant company or economic news influencing stocks comes out.
You may receive alerts in the form of push notifications, emails, or SMS, depending on the option you choose.
Charts: Get visual details into market trends
Charts provide graphical representations of price movements and play an important role in technical analysis. Here is how they help:
Line charts: Show the overall stock direction over time in a simple format and are great for identifying steady upward or downward trends.
Bar charts: Display open, high, low, and close prices over a given period, which help identify price ranges and volatility.
Candlestick charts: Utilise coloured bodies and wicks to represent price moves, ideal for gauging market sentiment and possible reversals.
Renko charts: Filter out minor price movements to focus on larger market trends by using bricks.
Charts help traders detect recurring patterns, recognise market trends, and locate support or resistance points to improve trading decisions.
Combining watchlists, alerts, and charts for smarter trading
Leveraging these three tools together gives you a complete trading experience. Watchlists keep favourite stocks organised and accessible. Alerts keep you updated about important price or indicator changes. Charts help confirm signals and identify entry or exit points. Using these features together reduces the risk of missing profitable trades and enhances portfolio management efficiency.
Want an app that offers a customised watchlist, personalised alerts, powerful charts, and value-added features? Try MO Riise! Backed by Motilal Oswal, a SEBI-registered public entity, MO Riise is already used by over 40 lakh users. Get high-quality research, curated stock collections, multiple order types, unlimited order placement, Pay Later (MTF), and 24/7 help. FAQ sections and StoCoMo (an in-app community of traders) help you trade with more clarity and confidence.
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