π Market Breadth Update
Yesterday, I mentioned that Wednesday's sharp selloff looked more like a shakeout within an ongoing uptrend.
Today's breadth confirmed that view.
π’ 60.6% of stocks > 20DMA (β from 46.8%)
π’ 64.0% of stocks > 50DMA (β from 57.7%)
π’ 57.1% of stocks > 200DMA (β from 54.1%)
The key takeaway isn't just that breadth improved - it's how quickly participation returned.
Wednesday's weakness failed to spread across the broader market.
Instead, participation strengthened.
Across short-, intermediate-, and long-term trends, suggesting buyers stepped back in quickly.
As long as Wednesday's lows remain intact, I expect strong setups to continue outperforming.
My focus remains on stocks that are:
β Holding above the 21 EMA
β Showing relative strength
β Breaking out or reversing with strong volume
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Yesterday, I mentioned that Wednesday's sharp selloff looked more like a shakeout within an ongoing uptrend.
Today's breadth confirmed that view.
π’ 60.6% of stocks > 20DMA (β from 46.8%)
π’ 64.0% of stocks > 50DMA (β from 57.7%)
π’ 57.1% of stocks > 200DMA (β from 54.1%)
The key takeaway isn't just that breadth improved - it's how quickly participation returned.
Wednesday's weakness failed to spread across the broader market.
Instead, participation strengthened.
Across short-, intermediate-, and long-term trends, suggesting buyers stepped back in quickly.
As long as Wednesday's lows remain intact, I expect strong setups to continue outperforming.
My focus remains on stocks that are:
β Holding above the 21 EMA
β Showing relative strength
β Breaking out or reversing with strong volume
--------------------------------------------------
Join Swing Cash Mentorship
---> https://superprofile.bio/course/swingcash
Use Discount Code: swingclub
Message me @mk_reader for any query
π1π1
Market Readerππ
Last week's watchlist showing tennis ball actionβ‘οΈ
Good follow through in KRN as of now
π1
π Market Breadth Update
Swing Bias: π’ Moderately Bullish (7.5/10)
β’ 57.0% of stocks are trading above their 20DMA
β’ 63.4% are trading above their 50DMA
β’ 57.4% remain above their 200DMA
Key takeaway:
β’ As long as 50DMA breadth stays above 58β60% and 20DMA breadth remains above 50%, the broader trend continues to favor buying quality pullbacks.
β’ However, with 20DMA breadth still below 50DMA breadth, avoid chasing extended moves. Book partial profits into strength and wait for fresh setups or pullbacks to add exposure.
Swing Bias: π’ Moderately Bullish (7.5/10)
β’ 57.0% of stocks are trading above their 20DMA
β’ 63.4% are trading above their 50DMA
β’ 57.4% remain above their 200DMA
Key takeaway:
β’ As long as 50DMA breadth stays above 58β60% and 20DMA breadth remains above 50%, the broader trend continues to favor buying quality pullbacks.
β’ However, with 20DMA breadth still below 50DMA breadth, avoid chasing extended moves. Book partial profits into strength and wait for fresh setups or pullbacks to add exposure.
π3
4 rules I follow once a trade starts working in my favor:
π +0.5R β Move SL to -0.75R (reduce max loss)
π +1R β Move SL to -0.5R (cut risk in half)
π +2R β Move SL to +1R (lock in a winner)
π +3R β Move SL to +2.5R (trail or consider a full exit)
Note: These aren't rigid rules. Think of them as guidelines to be aligned with price structure, key support/resistance levels, and volatility.
At every stage, I have two options:
β’ Move the stop-loss, or
β’ Book partial profits.
Both achieve the same objectiveβreducing risk while letting winners run.
Beyond +3R, trade management becomes discretionary. I trail based on market structure, key support/resistance levels, and the remaining reward potential.
The goal isn't to maximize every trade. It's to protect capital and stay in the game long enough to catch the big winners.
--------------------------------------------------
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π +0.5R β Move SL to -0.75R (reduce max loss)
π +1R β Move SL to -0.5R (cut risk in half)
π +2R β Move SL to +1R (lock in a winner)
π +3R β Move SL to +2.5R (trail or consider a full exit)
Note: These aren't rigid rules. Think of them as guidelines to be aligned with price structure, key support/resistance levels, and volatility.
At every stage, I have two options:
β’ Move the stop-loss, or
β’ Book partial profits.
Both achieve the same objectiveβreducing risk while letting winners run.
Beyond +3R, trade management becomes discretionary. I trail based on market structure, key support/resistance levels, and the remaining reward potential.
The goal isn't to maximize every trade. It's to protect capital and stay in the game long enough to catch the big winners.
--------------------------------------------------
SwingCash Mentorship is Open
Join ---> https://superprofile.bio/course/swingcash
Use Discount Code: swingclub
Message me @mk_reader for any query
π2
Market Breadth (20 Jul '26) π
π‘ 50.1% of stocks above 20DMA
π’ 58.5% above 50DMA
π’ 55.2% above 200DMA
Relationship: 20 < 50 > 200
Lack of Momentum
Wait & Watch Mode for fresh entries
β 20DMA breadth reclaiming 60% would signal renewed momentum.
β οΈ A sustained drop in 50DMA breadth below 55-58% would indicate weakness spreading beyond a normal pullback.
π‘ 50.1% of stocks above 20DMA
π’ 58.5% above 50DMA
π’ 55.2% above 200DMA
Relationship: 20 < 50 > 200
Lack of Momentum
Wait & Watch Mode for fresh entries
β 20DMA breadth reclaiming 60% would signal renewed momentum.
β οΈ A sustained drop in 50DMA breadth below 55-58% would indicate weakness spreading beyond a normal pullback.
π2
Market Readerππ
LUPIN π After an 18-month Cup & Handle formation, price is breaking a major weekly resistance zone. π Earnings have accelerated. π Sales continue to compound. π Price has built a higher-quality base. If demand wins here, the next move could be driven lessβ¦
Lupin weekly
π Market Breadth Update
π’ 52.8% of stocks above 20DMA (+1.5% DoD)
π’ 60.3% above 50DMA
π’ 57.0% above 200DMA
Relationship: 20 < 50 > 200
Market internals continue to support a bullish consolidation, not broad deterioration. A move in 20DMA breadth above 60% would further strengthen the bullish outlook.
π’ 52.8% of stocks above 20DMA (+1.5% DoD)
π’ 60.3% above 50DMA
π’ 57.0% above 200DMA
Relationship: 20 < 50 > 200
Market internals continue to support a bullish consolidation, not broad deterioration. A move in 20DMA breadth above 60% would further strengthen the bullish outlook.
A low-participation market doesn't mean sellers are in control.
It means buyers have no urgency to buy at any price.
That's why most breakouts fail.
Your edge comes from:
β Stocks with catalysts the market hasn't priced in.
β Buying pullbacks in quality names, not chasing extended moves.
In quiet markets, alpha comes from low risk entries, not aggression.
#SwingTrading
It means buyers have no urgency to buy at any price.
That's why most breakouts fail.
Your edge comes from:
β Stocks with catalysts the market hasn't priced in.
β Buying pullbacks in quality names, not chasing extended moves.
In quiet markets, alpha comes from low risk entries, not aggression.
#SwingTrading
If you follow Nifty or index, you will not get clear picture of broader market.
If you observe breadth, there was no reason for fresh aggressive entries after 13th & 21 July.
If 20 DMA breadth is between 50% to 60% and 50DMA breadth is above 60% then we treat is pullback.
But If 20 DMA breadth is below 50% and relationship is 20<50<200. there is clear signs that enviornment is not good.
=> I am not much active here due to not getting enough time. But if enough users are interested I will plan something
If you observe breadth, there was no reason for fresh aggressive entries after 13th & 21 July.
If 20 DMA breadth is between 50% to 60% and 50DMA breadth is above 60% then we treat is pullback.
But If 20 DMA breadth is below 50% and relationship is 20<50<200. there is clear signs that enviornment is not good.
=> I am not much active here due to not getting enough time. But if enough users are interested I will plan something
π―7π1