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Trade Crafted - Banknifty Trend Decider
Trade Crafted - Banknifty Trend Decider
Description:
This indicator offers a quick and insightful snapshot of real-time market sentiment across major Indian banking stocks along with Reliance and Adani. It’s designed as a clean, table-based heatmap that visually tracks intraday percentage movements and trends of key financial instruments.
🔹 What it Shows:
Live % Change: Calculates the percentage difference between the current price and day’s open.
Visual Trend Arrows: See at a glance whether each stock is trending ↑ (positive) or ↓ (negative).
Banking Sector Average: Tracks the average movement of top Indian banks.
Reliance-Adani Grouping: Shows a separate combined average for Reliance and Adani Enterprises.
Total Market Sentiment: Displays overall average and gives a trend remark as “Positive Trend,” “Negative Trend,” or “Sideways” based on total average direction.
🧾 Included Stocks:
HDFC Bank
ICICI Bank
SBI
Axis Bank
Kotak Mahindra Bank (recently added)
Bank of Baroda
Reliance Industries
Adani Enterprises
📌 Use Case:
Perfect for intraday traders and investors who want a compact view of sectoral momentum. This table doesn’t generate buy/sell signals, but acts as a visual guide to current market strength and weakness.
📘 Note:
This tool is meant to support decision-making and should be used with other technical and risk management strategies.
Description:
This indicator offers a quick and insightful snapshot of real-time market sentiment across major Indian banking stocks along with Reliance and Adani. It’s designed as a clean, table-based heatmap that visually tracks intraday percentage movements and trends of key financial instruments.
🔹 What it Shows:
Live % Change: Calculates the percentage difference between the current price and day’s open.
Visual Trend Arrows: See at a glance whether each stock is trending ↑ (positive) or ↓ (negative).
Banking Sector Average: Tracks the average movement of top Indian banks.
Reliance-Adani Grouping: Shows a separate combined average for Reliance and Adani Enterprises.
Total Market Sentiment: Displays overall average and gives a trend remark as “Positive Trend,” “Negative Trend,” or “Sideways” based on total average direction.
🧾 Included Stocks:
HDFC Bank
ICICI Bank
SBI
Axis Bank
Kotak Mahindra Bank (recently added)
Bank of Baroda
Reliance Industries
Adani Enterprises
📌 Use Case:
Perfect for intraday traders and investors who want a compact view of sectoral momentum. This table doesn’t generate buy/sell signals, but acts as a visual guide to current market strength and weakness.
📘 Note:
This tool is meant to support decision-making and should be used with other technical and risk management strategies.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.
Script protegido
Este script se publica como código cerrado. Sin embargo, puede utilizarlo libremente y sin limitaciones: obtenga más información aquí.
Exención de responsabilidad
La información y las publicaciones que ofrecemos, no implican ni constituyen un asesoramiento financiero, ni de inversión, trading o cualquier otro tipo de consejo o recomendación emitida o respaldada por TradingView. Puede obtener información adicional en las Condiciones de uso.