Advance Decline -Line and the Mystery

What the hell behind the AD-line which keeps on declining continuously 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. Definitely it doesn’t sounds like euphoria in the market. But market is moving upside in rotational trading fashion.

 

Think it over………..In need of Comments from Intelligent Traders,Investors & Readers

Updated at 12:43/19th Oct/Baroda/India

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