Weighted Bank Movement

Nifty Bank IndexNSE

Description

⋅ May 11, 2020 1:40 AM

The indicator comprises of a solid line that moves from -100 to +100 signifying the % of weighted movement among 12 banking stock constituting to the BANK NIFTY movement. A positive value denotes the percentage of banks among the 12 banks that are trading above the previous HLC average ( High , Low , Close ) and vice versa a negative value denotes the percentage of banks trading below the previous HLC ( High , Low , Close ) average. Comments and feedback are welcome. Should you have any doubts or wish to access the script then please feel free to DM me.

Release Notes

⋅ Nov 3, 2020 4:43 PM

Updated plot style from line to columns and split them by the the stocks trading in above the previous close and below the previous close and a gray line denoting the stocks trading same as the previous candle close .

Comments

anubis_9990

⋅ Dec 22, 2022 5:20 AM

so much manuplation in nse dude not work well

thrilledHawk92272

⋅ May 22, 2021 6:34 AM

sir,how to get access to your indicator

TradingDk12

⋅ May 7, 2021 5:08 PM

Hello please can u give access ?

srinivasbusy

⋅ May 7, 2021 5:17 PM

@TradingDk12, Hi , please DM me .

chqatar9

⋅ May 21, 2020 11:57 AM

hi srininvass your indicator is practical please give permission