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BANK NIFTY Advance Decline

BANK NIFTY Advance Decline
Notes de version
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.

Notes de version
Logic Updated in accordance with IDFC Bank and Capital First merger
Notes de version
Updated the script with changed index constituent weightages

This will help Investors and Traders to take better informed decisions.
Notes de version
Updated Bandhanbank and IDFCFIRST.

Alert conditions will be released next week

Happy trading.

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