Relative strength of a stock against the sugar index (Top 18)

This indicator can be used for sugar stocks to compare their relative strength with that of their respective industry. It can also be used to gauge the momentum in sugar stocks against the other indexes like Nifty, Bank Nifty, CNXIT, CNXAUTO and check which index is outperforming the other.

Made with reference to the index published by Stef scheplick