Rajandran R 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.

NSE Advance-Declines at newer low

16 sec read


 
Today the Breath Chart – Advance-Decline index moves to the newer low which symbols a great divergence in the Advance decline index and the movemnent
of nifty direction. Which also paints a bearish picture on bullish walls. As the overall result of the nifty movement is in sideways for the past couple of months, Advance-decline ratio is constantly declining as seen in charts( Red line indicates Adv-Dec ratio and Blue is the Nifty Daily Chart)

Rajandran R 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.

NSE Breadth Indicators

Its interesting to look into the breadth indicators as the market reached newer highs and even tested the 6000 mark breadth indicators are throwing...
Rajandran R
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NSE Advance-Declines at newer low

Today the Breath Chart - Advance-Decline index moves to the newer low which symbols a great divergence in the Advance decline index and the...
Rajandran R
16 sec read

2 Replies to “NSE Advance-Declines at newer low”

  1. I guess this is AD for nifty index. Can you also look at AD for the broader market and what that is saying or how it looks ?

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