Artharjan NSE Sectors Relative Strength Dashboard

Artharjan NSE Sectors Relative Strength Dashboard

This script provides a comprehensive dashboard for analyzing the relative strength of NSE sectors compared to a benchmark index (default: NIFTY). It is designed to give traders and investors a consolidated snapshot of sector performance, momentum, and short-term trend strength — all in one visual table.

Core Purpose

The goal is to simplify sector rotation analysis by combining relative strength, rate of change, momentum, and trend classification into a sortable, color-coded dashboard. Instead of scanning multiple charts, users can rely on this single panel for quick decision-making.

Key Features

Benchmark Comparison
Every sector is measured against the benchmark index (default: NIFTY). This allows users to spot outperforming or underperforming sectors relative to the market.

Multiple Performance Metrics

LTP % Change: Last traded price percentage change from the prior close.

RS Score: Relative strength score over a user-defined lookback.

Momentum (ROC Difference): Convergence/divergence between two ROC values for added confirmation.

ROC1 / ROC2: Short- and medium-term rate-of-change measures.

Trend Classification Engine
Each sector is tagged as Ultra Bullish, Bullish Breakout, Strong/Moderate Bullish, Neutral, Moderate/Strong Bearish, Bearish Breakdown, or Ultra Bearish. This classification is based on sectoral price behavior and candlestick relationships.

Sorting & Customization
Users can sort the dashboard by any metric (e.g., RS Score, % Change, Momentum), in ascending or descending order, to highlight what matters most for their strategy.

Table Presentation

Adjustable text size, thickness, and positioning on the chart.

Optional color-coded cells for visual cues — green shades for strength, red shades for weakness, neutral shades for sideways trends.

“Last Updated” timestamp for clarity on when the snapshot was generated.

How It Helps

This tool reduces the noise of flipping through individual sector charts. Traders can identify sector leadership, monitor momentum shifts, and catch early signs of rotation without leaving a single chart window. It acts as both a macro lens (sector overview) and a micro tool (spotting exact strength/weakness transitions).

Closing Note

This dashboard was built with a simple goal: to bring clarity to complex sectoral movements. Use it as a guiding compass while respecting your broader trading or investing framework.

With Thanks,
Rrahul Desai
Artharjan