What the hell behind the adline which keeps on decling continiously for more than a year in this rising market? If you check the nse stock most of them are either moving sideways or trending downwards only the nifty 50 pack is moving up rest are still in the silent mode. What could be a possible reason for this kind of action. Defenitely it doesnt sounds like euphoria in the market. But market is moving upside in rotational trading fashion. Kindly provide your comments on these. Would like to learn more from you.
Rajandran R Follow Founder of Marketcalls and Co-Founder Algomojo. Full-Time Derivative Trader. Expert in Designing Trading Systems (Amibroker, Ninjatrader, Metatrader, Python, Pinescript). Trading the markets since 2006. Mentoring Traders on Trading System Designing, Market Profile, Orderflow and Trade Automation.
AD-line and the mystery
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