Advance Decline

Thursday, February 27, 2014

NSE BSE Advance Decline ratio 26 Feb 2014 moneycontrol

NSE BSE Advance Decline ratio 26 Feb 2014  moneycontrol
Advance Decline ratio for Indian Stock Markets      as reported on moneycontrol.com
NSE
Advances  : 663
Declines  : 716

Bse
Advances  : 1344
Declines  : 1317
overall advances declines are in nuetral territory
positive in BSE and negative in NSE 


Tuesday, November 19, 2013

NSE And BSE Breadth 19 Nov 2013

NSE And BSE Breadth 19 Nov 2013
19th Nov 2013 is a day of consolidation
As per Moneycontrol NSE   Statistics are
Advances: 663
Declines: 659
and BSE   Statistics are
Advances: 1275
Declines: 1210

Today was day of fight between Bulls and Bears
And Results show both were evenly poised

Wednesday, November 13, 2013

Advances and declines in NSE and BSE on 13 Nov 2013

Advances and declines in NSE and BSE on 13 Nov 2013
Today was Day of declines
Both Nifty and Sensex closed in red
Advance decline ratio was in favor of declines
BSE Advance Declines:
Advances: 1037
Declines : 1388
NSE Advance Declines 

Advances : 446
Declines : 834
The fall was accompanied by lopsided advance decline ratio ,so the outlook is still murky till Nifty  goes above 6150.

Monday, November 11, 2013

NSE Advances Declines 11 Nov 2013

NSE Advances Declines 11 Nov 2013
NSE Advances Declines firmly in favour of Bears
Advances: 410
Declines : 829

So outlook is that we see lower levels in Nifty
Disclosure: We have shorted Nifty at 6080  with stop loss of 6144

Wednesday, November 6, 2013

NSE Nifty Advances and Declines Live Graph

NSE Nifty  Advances and Declines Live Graph
NSE nifty advance and decline graph is an important  indicator of Nifty Breadth.
Nifty has high weight-age of  Some Stocks like Reliance,ITC,Infosys,HDFC etc.
So some times the advance/decline  of Nifty may be misleading.
In these cases its important to see overall breadth in nifty as well as advance declines in NSE.
So if nifty is advancing ,it is valuable to check whether the rally is in many Nifty stocks or its confined to only some heavyweights.Such approcah may be used in case of declines in Nifty also.

Overall breadth of NSE is more important as it shows the advance/declines in all type of stocks like Megacaps,Large caps,Small caps.When the advances are much  more than the declines along with advances in Nifty ,it gives a more reliable buy signal