PROTECTED SOURCE SCRIPT
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
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.
Script protegido
Esse script é publicada como código fechado. No entanto, você pode usar ele livremente e sem nenhuma limitação – saiba mais aqui.
Aviso legal
As informações e publicações não devem ser e não constituem conselhos ou recomendações financeiras, de investimento, de negociação ou de qualquer outro tipo, fornecidas ou endossadas pela TradingView. Leia mais em Termos de uso.