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Av33
Short

NIFTY ADL DIVERGENCE

Nifty 50 Index (NSE:NIFTY)  
Av33  
NSE:NIFTY   Nifty 50 Index
Indicators and Overlays
91 views
2
91 4
indicator
TROUBLE LOOMS WHEN GENERALS LEAD, BUT TROOPS REFUSE TO FOLLOW?
AvinashGaikwad
what it means.. downtrend?
Reply
Av33 AvinashGaikwad
@AvinashGaikwad, It means, although shares in nifty are gaining, but overall shares on the exchange are not. Lets observe if broader market decides to go with nifty again or not.Although such divergences are common in the short term but For it should be considered mildly negative for now.
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Av33 Av33
But it* should
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AvinashGaikwad Av33
thanks
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