Hi @janak198 Thanks for your response, please give this post a read and you’ll have better clarity on why Volume Indicators are not working on Nifty & BankNifty.
If you’re a technical trader exploring the Indian market, you may have come across volume indicators like VWAP that seem to vanish when applied to indices like NIFTY, SENSEX, and BANKNIFTY. In this blog post, we’ll demystify the reasons behind this and offer simpler alternatives to help you analyse these indices effectively.
Why Volume Indicators Don’t Work on Indices:
Understanding why volume indicators fail on indices is crucial for traders. Here are the key reasons:
Indices Are Different:…