BANK NIFTY Advance Decline — Indicator by Tradepro_MoneyFlow

breadthstudies banknifty nifty nifty50 niftybank

BANK NIFTY Advance Decline

Release Notes:

Bank Nifty weightage based Advance and Decline Line

Green Line: Positive Weightage

Red Line: Negative Weightage

Eg: If Green Line is above the Red Line, then the underlying stocks of Bank Nifty are positive - That means you can stay in Buy Direction.

Release Notes:

Logic Updated in accordance with IDFC Bank and Capital First merger

Release Notes:

Updated the script with changed index constituent weightages

This will help Investors and Traders to take better informed decisions.

Release Notes:

Updated Bandhanbank and IDFCFIRST.

Alert conditions will be released next week

Happy trading.

Follow me on t.me/bankniftysignals

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