Is trend really your friend? Decoding the ADX indicator
This article explains the significance of ADX indicator & why it should be an important tool in every trader’s arsenal.
Source: moneycontrol.com
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trending stocks: ​2 banking, 2 IT majors among 5 stocks in trending phase as per ADX indicator​
This ADX or Average Directional Index is a trend indicator that measures both the intensity as well as the momentum of the stock. Following the trend helps to minimize losses and also increases the scope of potential gains.
Source: indiatimes.com