Banknifty Weighted volume as per share ratio. HDFC Bank – 27.56% ICICI Bank – 22.91% State Bank of India (SBI) – 12.42% Kotak Mahindra Bank – 11.77% Axis Bank – 11.49% IndusInd Bank – 5.20% AU Small Finance Bank Ltd. – 2.35% Bandhan Bank – 1.73% Federal Bank – 1.53% IDFC First Bank Ltd. – 1.22% Punjab National Bank (PNB)- 1.03% RBL Bank – 0.79%
and moving average plotted on volume
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now it will work in other script as well no need to plot volume in stocks
why you multiplied and divide in this below line
banknifty_volume=((a*1.73)+(b*0.79)+(c*2.35)+(d*1.03)+(e*22.91)+(f*12.42)+(g*1.22)+(h*11.49)+(i*5.2)+(j*1.53)+(k*27.56)+(l*11.77))/12
as per my knowledge hdfc 1 rupee change should be in bank nifty 1*27.56=27.56in bn