How to Gauge the Market Breadth Using Relative strength? (An effective strategy)

Hi ,

Hope all of you are doing good. Markets are in a broader sideways movement from the time the Nifty topped in October 2021. Nothing has changed much till then and the sideways market has really made the traders frustrated for quite some time now. However, recently broader markets are changing really fast and NIFTY is again attempting to move into the ALL TIME HIGH zone. It is high time a good trader or an active investor should start taking notes of these subtle developments.

But, how can one be confident that the broader market is going strength to strength and all is going to move up? Is there a way to find out? Yes, one can do that by using relative strength. This is what I am going to discuss in this article. Read more...