But however volatile is BankNifty , Market Internals are the one's that decides that movement.
analytics helps us to trade pretty confidently. The key information to any trade is to understand the Money Flow/Withdrawn. So this information will be presented in a readable format.
If you analyse today's money, there seems to be fight between big time traders. This is a very crucial info.
Enjoy 280 Points profit today.
For access and more info, reach out to me.
1. Yesterday the signal was generated at 29536 and today the high 29777 - Any one who hold their position would have gained a sweet 240 Point move.
2. The Money flow analytics and Capitalized weightage indicator, helps the traders to understand how the Volumes are behaving in the underlying stocks clearly + How the underlying capitalized weightage assignment is moving.
3. The reason for composing this indicator is, there is no comprehensive data like this was provided by the exchanges, so we have code ourselves to see this in an analytical format.
4. The Main intention of this system is to enhance or better decision capabilities of the BankNifty traders.
As an experienced author, I am sure you are aware of US TICK and VOLUME TICK, but in India we don't these sophisticated breadth tools and tried a lot to find them, but unfortunately no one are giving these kind of tools.
So, with the programming knowledge, I decided to compose them in Pinescript. And Given a lot of free tools to our traders.
Hope I clarified your question and Let me know if you have any.
If you have any ideas to help our traders community, I would appreciate and support you with any kind programming help.