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Forceites launches portal for retail investors

Our Bureau

Hyderabad, May 16 Retail investors in the stock market can now exercise another option to get useful tips to possibly increase their wealth.

The Hyderabad-based Forceites has launched a portal, which currently gives free access for investors to log on and get a variety of inputs on stocks.

It can guide you to make decisions on crucial aspects of trading — when to buy a stock and more importantly when to sell and make enough money, and perhaps save you from losing heavily.

Giving details about the portal Vantagegrade.com, Mr Sharath Krishna Kaza, Chief Executive Officer at Forceites, said the company is at present providing an end-of-the-day analysis, based on feeds from NSE. It is aimed to empower investors to take a decision on the next day, he told newspersons.

To generate accurate buy-sell signals, the company relies on proprietary algorithms, and research and technical analysis. Users can develop their own stock portfolio, keep track and get alerts via email. Alerts via SMS would be made available in future, he added.

While a revenue model based on subscription is a long term option, Forceites is focussed on creating a good user base and is looking at advertising etc for revenues. “Our target is to sign up around 2 million out of the estimated 10 crore retail investors in the country,” he added.

It also plans to extend services to cover commodities, options and futures market, Mr Kaza said.

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