Trade Crafted - Banknifty Trend Decider

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.