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MAVERICKCHARTS01
Feb 11, 2021 2:29 AM

MAVERICKAMIT01-RELATIVE STRENGTH 

BAJAJ AUTO LTDNSE

Description

THE SCRIPT SIMPLY DIVIDES THE STOCK PRICE BY NIFTY TO MEASURE UNDER PERFORMANCE AND OUT PERFORMANCE WITH NIFTY. YOU CAN CHANGE SETTINGS FROM NIFTY TO ANY OTHER SECTOR LIKE CNX FMCG TO MEASURE SECTOR PERFORMANCE AND UNDER PERFORMANCE !!!
Comments
sailu
How to know whether outperforming or under performing
Gaurav2000
@sailu, when the RS is going up, its means the scrip is outperforming the nifty because its only happens when scrip is increasing more than nifty (scrip/nifty). and vise versa.
sailu
@Gaurav2000, TQ sir
RajeevGuddu
@Gaurav2000, Is there any range which suggests the strength like RSI has 30-70 range
hrji
@Gaurav2000, What period does this indicator use.....like 50, 100 ....TIA
PRADEEP
thanks for the indicator
rajendrasinghifpu
Thanks sir
krishna25988
thank u for help others
ritibera2000
Devloped or new indicator
devangpatel30
Thank you for your effort and helping others.
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