Market ReaderπŸ“ˆπŸ“‰
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🏝️8+ Years Trading Experience
πŸ“šChartered Accountant
πŸ“ˆTechno-Funda Swing Trader
⛔️ No Intraday, No Options
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πŸ“Š 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.

🟒 60.6% of stocks > 20DMA (↑ from 46.8%)
🟒 64.0% of stocks > 50DMA (↑ from 57.7%)
🟒 57.1% of stocks > 200DMA (↑ 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:
βœ… Holding above the 21 EMA
βœ… Showing relative strength
βœ… Breaking out or reversing with strong volume

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Market ReaderπŸ“ˆπŸ“‰
Current Watchlist
NEOGEN & KRN doing well

What's next⚑️
πŸ”₯2πŸ‘1
Do you want me to share next watchlist?
πŸ’―5πŸ‘1πŸ‘1
Market ReaderπŸ“ˆπŸ“‰
Current Watchlist
Till Kajaria is above 1175-1200, it has good setup
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πŸ“Š Market Breadth Update

Swing Bias: 🟒 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 58–60% 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.
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4 rules I follow once a trade starts working in my favor:

πŸ“ˆ +0.5R β†’ Move SL to -0.75R (reduce max loss)
πŸ“ˆ +1R β†’ Move SL to -0.5R (cut risk in half)
πŸ“ˆ +2R β†’ Move SL to +1R (lock in a winner)
πŸ“ˆ +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 objectiveβ€”reducing 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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Market Breadth (20 Jul '26) πŸ“Š


🟑 50.1% of stocks above 20DMA
🟒 58.5% above 50DMA
🟒 55.2% above 200DMA

Relationship: 20 < 50 > 200

Lack of Momentum

Wait & Watch Mode for fresh entries

βœ… 20DMA breadth reclaiming 60% would signal renewed momentum.

⚠️ A sustained drop in 50DMA breadth below 55-58% would indicate weakness spreading beyond a normal pullback.
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Mankind in Tracklist now
πŸ“Š Market Breadth Update

🟒 52.8% of stocks above 20DMA (+1.5% DoD)
🟒 60.3% above 50DMA
🟒 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
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
πŸ’―7πŸ‘1