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Why is the volume chart indicator not working for Nifty or other indices?

The volume chart indicator is designed to show the number of shares or contracts traded within a specific timeframe. However, when it comes to indices like Nifty or others, direct trading doesn't occur. Instead, trading on indices happens through derivatives such as F&O contracts or ETFs. Since indices don't involve actual trades, there is no available volume data. As a result, adding volume-based indicators to charts for indices isn't possible due to the absence of trading activity.

Related Queries

1.Are there any charges to apply for an IPO?

2.Are there restrictions on placing Bank Nifty and Nifty option orders for certain strike prices?

3.Can applications for SME IPOs be submitted through Tradejini?

4.Can third-party charting applications be connected with CubePlus?

5.Can yesterday’s intraday profits be used for today’s trade in Tradejini?

6.How can one pin their favorite index on the top of the watchlist ?

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