for the last 1 month there is a decent increase in the traffic and i am regularly updating the site but my Alexa rank is incensing a lot....
Forget about it. Never pay attention to the Alexa ranking. It is a useless metric that counts for nothing.
Agree, it counts for nothing more than a positive impression. I would say Alexa has nothing to do with otherwise.
Fully agree with you, guys! Alexa was useful in the past (maybe 3+ years ago!). Nowadays you can easy manipulate it and have a site with less than 200k in just a few weeks (or even days). But it won't help you get sales!
Alexa has NEVER been useful! As a metric it was never factored into anything and has always counted for nothing.