Rajandran R FollowCreator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.
NSE Advance-Declines at newer low
16 sec read
[wp_ad_camp_5]
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)
Related
Rajandran R FollowCreator of OpenAlgo Sketchmaker, RagZ. Building GenAI Applications. Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, High Liquid Stock Derivatives. Trading the Markets Since 2006 onwards. Using Market Profile and Orderflow for more than a decade. Designed and published 100+ open source trading systems on various trading tools. Now the recent curiosity on building Trading AI Agents.
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 ?
@Pm Its not the AD for Nifty Index… Its for the Broader Market!
Only Few Stocks are inching up.