The Advance/Decline has been one of the most popular tools in measuring the breadth of the broad market. It is a cumulative sum of the daily differences between the number of stocks advancing and the number of stocks declining. Plotting this indicator on an intermediate term or long term basis is a great way to gauge the strength of the broad market.


Live Advance-Decline Chart


NSE Daily Advance-Decline Line
Chart courtesy: ICharts
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