Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

AD line,Trin Observations

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Just have a look into the Advance-Decline ratio and Trin Charts. From the Ad line charts you could observe
that as the market moves higher….ad line is in declining mode. This suggest that more number of stocks are declining and only few stocks are pumping this market higher. From the trin charts you could see that 10 day SMA of trin is in declining mode which suggest that volume is more in Advancing stocks and very less in Declining stocks. And the traders are very skeptical in stock specific.

Rajandran R Telecom Engineer turned Full-time Derivative Trader. Mostly Trading Nifty, Banknifty, USDINR and 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. Strongly believe that market understanding and robust trading frameworks are the key to the trading success. Writing about Markets, Trading System Design, Market Sentiment, Trading Softwares & Trading Nuances since 2007 onwards. Author of Marketcalls.in)

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2 Replies to “AD line,Trin Observations”

    1. Traders are hanging to the safer stocks for time being and there is no much participation in the declining
      stocks. Still Now markets also not cracking the supports as of now.

      If you ask me is it a sign of weakness. Yes Weakness prevailing in the market…thats why market is inching up
      step by step with low volatility. We cant so easily conclude that market may go down because of this issues. May be
      such type of action could be used to scare people who are holding their long positions and make then exit from the market before the markets make newer high.

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