Market Movers: Sectoral Index

2021년 6월 29일

The indicator will show the Sectors which are leading or lagging NIFTY50 index based on Alpha & Beta values. Stock selection can be done based on the respective Sectors.

• Look for alpha & beta values.
  
• Prefer one with high beta.
  
• Greens are leaders & Blues are lagers.
  
• This don't completely indicates a trend, but it can give the overview of a major trend & market movers.
  
• Gray line is the base index NIFTY50, it is Zero.
  
• Turn on Indicator Name Label in Settings > Chart Settings.
  
• In intraday or positions, in a leading Sector there will be a leading stock, spot it out.
  
• Make a sector wise watchlist of stocks.
  
• Use higher or Daily timeframe for Swing trades.
  
• Detailed descriptions are available in my previous Alpha & Beta indicators.
  

2021년 6월 30일

릴리즈 노트

Update v1.1
Added table.
Changed color scheme.

2021년 7월 2일

릴리즈 노트

Update v1.2

Day Start Marker color choice.
Simplified menu.
Avoided Labels and Tables show/hide option as it is available in the Style tab.

2021년 7월 12일

릴리즈 노트

Update v1.3

• Included day % change in the table.
  

2022년 7월 24일

릴리즈 노트

Updated on 24 July 2022

• Bug fix
  

2022년 7월 24일

릴리즈 노트

Updated on 24 July 2022

• Bug fix