BankNifty a Goldmine - Dig it with right tools

Nov 18, 2018

India's most volatile and liquid asset is generally called a gold mine because of trading volume in its derivative products especially OPTIONS.

so, in order to trade this, there is a need to think Beyond Technical Analysis.

We need to go in to the roots of Bank Nifty formation and understand how the stocks behind Bank Nifty are performing.

As our NSE don't provide us with Tick Index and Tick volume, there is a need for us to create these products on our own to trade Indices.

A customized solution should be in place to trade Bank Nifty by tracking its underlying stocks weightage and volume.

So with the help of pine script we created indicators which tracks the UP VOLUME AND DOWN VOLUME in banknifty and capitalized weightage based movement indicator.

Along with that we have created a sophisticated signal system which generates BUY/SELL signals based on the underlying stocks(up volume and down volume)and weightage movement.

"No price action of Bank Nifty is taken into account, so this gives you a confirmation that we are doing something Beyond "Technical Analysis".

Beta Adjusted Volatility Bands Helps you to identify the success areas that Increases your trading probability.

Success Ratio > 75% + Gaussian (95.4% Success) = A SUCCESSFUL TRADER


For access and more information, please reach out to me.

Nov 19, 2018

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Nov 19, 2018

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60 points and counting till now

Nov 19, 2018

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Nov 19, 2018

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120 points spread

Nov 20, 2018

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Nov 20, 2018

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100 points spread on down side and counting

Nov 21, 2018

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Nov 21, 2018

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for last 45 mins BNF is in buy mode and has given 100 odd points