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BANK NIFTY Advance Decline

BANK NIFTY Advance Decline
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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.

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

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

Alert conditions will be released next week

Happy trading.

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