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Trade Crafted - Banknifty Trend Decider

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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.

Penafian

Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.