How to Use a Macro Dashboard for NSE Stock Selection
Global equities, commodities and currencies in one view. How macro tailwinds and headwinds should shape your NSE screening workflow.
Top-Down Analysis: Macro Before Micro
Stock picking in isolation ignores the environment you are trading in. A technically perfect NSE setup in a sector facing macro headwinds — rising rates, a strong dollar, or falling commodity demand — has lower odds of success. A macro dashboard puts global equities, commodities, and currencies in one view so you can align with tailwinds.
QUANTSCASE's macro dashboard uses relative-strength quadrants: each asset class is plotted by momentum vs a benchmark, showing what is leading, improving, lagging, or weakening. This is the same RRG-style thinking applied at the global level before you zoom into Indian sectors.
The Three Macro Tabs: Equity, Commodity, Currency
Equity tab: global indices (US, Europe, Asia) relative to each other. When US and emerging-market equities are in the Leading quadrant, risk-on flows often support NSE buying. Commodity tab: gold, crude, industrial metals, and agri — critical for inflation and sector rotation in India. Currency tab: USD/INR, DXY, and major pairs — a strong dollar can pressure FII flows into Indian equities.
Check the macro dashboard at the start of each week. Note which quadrants dominate, then open sector rotation (RRG) on the NSE side to find domestic sectors aligned with global trends.
Building a Macro-Informed Screening Workflow
Step 1: Macro quadrants — identify leading asset classes. Step 2: Market breadth — confirm broad NSE participation. Step 3: Sector rotation (RRG) — pick Improving and Leading Indian sectors. Step 4: Run momentum, trend-following, or breakout screeners within those sectors.
For commodity-specific analysis, use our commodity technicals dashboard. For breadth confirmation, see our market breadth guide. Together these tools form a repeatable research stack for Indian equities.