For NYSE, they provide TICK index for getting the UP TICK and DOWN TICK details for all the listed stocks. This can help us to forecast the direction better.
With UPVOL and DOWNVOL - We will understand that Money is been injected or withdrawn from Markets, This helps as another forecasting tool to understand that Market is under Buying or Selling Pressure.
Without the above forecasting factors and guessing about the price keeps us in a Circular game without reaching our targets.
Understanding the Internals of Nifty and BankNifty is a key to detect the direction.
DO WE HAVE SOMETHING LIKE THIS FOR NIFTY AND BANKNIFTY ?