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
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
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