Action watch is the window where you can watch the Stocks Price hitting Day High * or Day low * from its previous made high or low of the day by watching this you can have a knowleadge of what the broad market activity is on at that point of time and will help you to take better decisions while trading.
Day High : Day high is the Stocks Higest Price it Traded for the day.
Day Low : Day low is the Stocks Lowest Price it Traded for the day.
A List of Stocks will be Provided which are filtered by Bazaartrend Algorithm which are likely to move up / down. Try to Select a Stock which has a good volume and also check if stock is hitting day high or day low (this will add strength to the stock) .
Points: Every 5 min bar is given a score of +2 or -1 depending on the character of that bar.
+2 for New Day high or low & -1 for non performers 5 min bars.
Cumulative total of the score is displayed on the table. Stocks with higher points is trending strongly either up or down.
10 D Volume %: Previous 10 day Average volume is compared with total traded volume of the day & displayed in percentage terms. If any stocks volume exceeds 10 day's Average volume in the early hours of trade, probabilities are high that the stock will trend through out the day.
Trend : Last 30 min trend is show with graphical arrows.
Try to select the stock which is favoring your trend.
Nifty-50 Index Management Watch is designed to know which stocks are moving the Nifty in an direction. the high band is the stocks highest point of the day and the low band is stocks lowest point of the day. You will have 50 candles in this watch and ever candle width represents its weightage on Nifty-50.
for example RELIANCE stock having more weightage the width of RELIANCE candle will be more than any other stock have less weightage.
Black color represents the current price of the stock and virtual difference from its Day High and Day Low.
Reading the Nifty-50 Index goes easy.
for example as more stocks with heavy weightage near to High Band the more chances for Index is to go up from current Levels and if more stocks with heavy weightage near to Low Band chances of Index going down will be more from current Levels.
Nifty-50 is combine weightage of 50 stocks each stock has its own aggregated weightage (index weight). Now here by watch.