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jhunjhunwalagirik

Relative strength of a stock against the sugar index (Top 18)

jhunjhunwalagirik  
Relative Strength Index (RSI) sugarstocks indianstocks
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relativestrengthindex sugarstocks indianstocks
This indicator can be used for sugar stocks to compare their relative strength with that of their respective industry. It can also be used to gauge the momentum in sugar stocks against the other indexes like Nifty, Bank Nifty, CNXIT, CNXAUTO and check which index is outperforming the other.

Made with reference to the index published by Stef @Scheplick
Open-source script

In true TradingView spirit, the author of this script has published it open-source, so traders can understand and verify it. Cheers to the author! You may use it for free, but reuse of this code in a publication is governed by House Rules. You can favorite it to use it on a chart.

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