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NIFTY Underlying Capitalized Weighted Advance Decline

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NIFTY Underlying Capitalized Weighted Advance Decline

Market Internal tool used for trading Nifty Futures and Options

Calculation Method: Underlying stocks Free Float Market capitalization weightage has been used to calculate the outcome.

Data Taken from IISL
版本注释
NIFTY Underlying Capitalized Weighted Advance Decline

Market Internal tool used for trading Nifty Futures and Options

Calculation Method: Underlying stocks Free Float Market capitalization weightage has been used to calculate the outcome.

Data Taken from IISL

Indicator Understanding:

Red Line: Negative Weightage of Underlying Stocks of Nifty
Green Line: Positive Weightage of Underlying stocks of Nifty

Interpretation: By seeing you can understand how the allocated free float capitalized weightage is driving the Nifty price change.
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