Reliance Money, a subsidiary of Anil Dhirubhai Ambani Group's Reliance Capital Ltd has signed a deal with Canada-based Recognia Inc., a leading provider of technical charts for stocks, to offer sophisticated automated technical analysis to retail broking customers.

Recognia’s Technical analysis will allow users to identify shifts in price movements and emerging trends that will help them look up ‘bullish’ and ‘bearish’ notifications for particular stocks.

Market analysts expect that this value-added feature will provide additional revenue stream for the company.

The technical services are available for a free introductory 7-day trail period to the existing users. Thereafter, this service will cost Rs 99 for three months, Rs 179 for six months and Rs 299 for a year.

The online-stock broking firm, which has more than 10,000 outlets across 4,000 towns and cities in India, plans to double its outlets across 5,165 towns and cities in 2008/09.

Further, the company also plans to expand its operations to Bahrain, Doha, Kuwait and Singapore.