Bank Nifty Options Volume And Trend Confirmation

The scanner will identify Bank Nifty Weekly Options where the 20-day EMA of the Close price has been rising over the past 5 candles, and simultaneously, the 20-day EMA of volume has been rising for the past 5 candles, indicating both volume and trend confirmation.


BankNifty Weekly

Time Frame

1 Day


Period min(5, EMA(close, 20, 0) - EMA(close, 20, -1) ) higher than 0.0 and Period max(5, Moving average(volume,20,exponential,-1) - Moving average(volume,20,exponential,0) ) lower than 0.0