Index Weighted Trend Indicator s-a-t-i-s-h

This indicator gives you an idea about which side the market is trending based on the weightage of the underlying stock. Good for Nifty 50, Bank Nifty. It can be used for any market.

Would like to thanks Gemini 3, Claude , Chatgpt for helping me to get my idea live.

So here you need to update the underlying stock and the weightage daily or weekly and you will get the trend direction easily.

Avoid using in very choppy market, Use it the high volatile time and you will definitely good result.

Play around with the best setting you see for your index.