A Chartink alternative for relative strength, sector rotation and backtests
By Market Strength Scanner · Updated 2026-11-10 · How the data works
Chartink is one of the most used stock screeners in India: you build scans from conditions, chart them and, on its paid plan, get real-time scans and alerts. Market Strength takes a different route. Instead of writing scans, you start from relative-strength rankings, sector and theme rotation, ready-made swing setups and backtests that only use data available on each past day. Both are useful; this page compares them fairly so you can pick the one that fits how you trade.
Open the free scannerChartink and Market Strength at a glance
| Chartink | Market Strength | |
|---|---|---|
| Price | Free charts and scans; Premium ₹780 a month, ₹2,220 a quarter or ₹8,500 a year (incl. taxes, as listed on chartink.com/subscription in Nov 2026) | Free with a Google sign-in; no paid plan |
| How you find stocks | Build your own scans from conditions, or browse scans other users shared; “Magic filters” turn words into filters | RS rating 1–99 on every stock, ready-made scans (VCP, Darvas box, Stage 2, pocket pivot, trend template, near 52-week high), a custom screen builder and an AI screener that takes plain English |
| Data speed | Near real-time NSE prices; 1/2/3-minute scans and live alerts on Premium | End-of-day scans after every close, with prices refreshed every 30 minutes (delayed) during market hours |
| Sector and theme rotation | Through scans and dashboards you set up | Built in: RRG-style rotation of NSE sectors, industries and cross-sector themes (data centres, defence, EMS and more) with breadth and persistence |
| Backtests | Focused on scanning and alerts | Momentum, sector-rotation and indicator backtests on every stock since 2019, point-in-time (no future data), plus an AI strategy backtester |
| Alerts | Desktop, mobile, SMS and email alerts on Premium, down to minute intervals | Free phone notifications for watchlist signals and market-breadth levels, after the close |
Chartink details are taken from its own website in November 2026 and can change; check chartink.com for current plans.
Where Chartink is the better fit
- You trade intraday and need scans that run every few minutes on live prices.
- You like writing your own conditions and want thousands of community scans to start from.
- You want SMS or email alerts the moment a condition triggers during the session.
Where Market Strength is different
- Relative strength first. Every NSE stock gets an RS rating from 1 to 99, so you see leaders before you filter. See the relative strength scanner.
- Sectors and themes. A rotation map shows which groups are leading, improving, weakening or lagging, with the stocks inside each. See sector rotation for NSE.
- Honest backtests. Strategies are tested using only the stocks, themes and prices known on each past date, so results are not flattered by hindsight.
- Ready-made swing setups. VCP, Darvas boxes, Stage 2 and pocket pivots are scanned daily without writing a single condition. See today’s stock lists.
- Free. No plan to buy; sign in with Google and everything is open.
Using both
Many traders use more than one tool. A common split: shortlist strong stocks in strong sectors with Market Strength after the close, then use a real-time tool such as Chartink during the session to watch for the exact entry. The Copy to TradingView button exports any Market Strength list in one click if you chart elsewhere.
Frequently asked questions
Is Market Strength free?
Yes. Everything is free with a Google sign-in; there is no paid plan.
Does Market Strength have real-time scans like Chartink Premium?
No. Scans run on end-of-day data after each close. During market hours prices refresh every 30 minutes (delayed), and RS ratings, stages and setups update after the close.
Can I build my own scans?
Yes, with the custom screen builder (filters for RS, trend, distance from highs, moving averages, volume, fundamentals and more) or by typing what you want into the AI screener. There is no scan query language.
Is Market Strength affiliated with Chartink?
No. Chartink is a trademark of its owners; this page is an independent comparison based on public information.
Does either tool tell me what to buy?
No. Both are research tools. Screens and backtests describe the past; they are not recommendations.