BankNifty Volume Indicator

KEY TAKEAWAYS

-Uses BankNifty Index Stocks Volume.

-BankNifty Volume Indicator is created by adding all BankNifty Stocks Volume together.

-BankNifty Volume will be an important indicator in BankNifty Index technical analysis because it is used to measure the relative significance of a market move.

-The higher the volume during a Banknifty index price move, the more significant the move and the lower the volume during a Banknifty index price move, the less significant the move.

-Moving Average is also added.



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