Have you thought about how the price of BankNifty is calculated?
The price is being calculated by using the free-float market capitalization of the underlying stocks.
To truly understand how BankNifty moves, we need special tools called breadth indicators. Price action doesn't help us accurately predict all the movements, but with this indicator, you can recognize which are fake break outs and real.
Really useful for breakouts and trend following.
If you want the indicator Pm me.
If you have any queries, please message me.
The price is being calculated by using the free-float market capitalization of the underlying stocks.
To truly understand how BankNifty moves, we need special tools called breadth indicators. Price action doesn't help us accurately predict all the movements, but with this indicator, you can recognize which are fake break outs and real.
Really useful for breakouts and trend following.
If you want the indicator Pm me.
If you have any queries, please message me.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.