Market Reader๐Ÿ“ˆ๐Ÿ“‰
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๐Ÿ๏ธ8+ Years Trading Experience
๐Ÿ“šChartered Accountant
๐Ÿ“ˆTechno-Funda Swing Trader
โ›”๏ธ No Intraday, No Options
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Iโ€™m a little cautious here.

If 50DMA breadth falls below the 58โ€“60% range, Iโ€™ll shift into defensive mode.
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Many watchlist stocks showing good momentum
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When the market is choppy, you need low-risk entries.

Chasing breakouts or entering after a stock is already extended rarely gives you an edge.

Your entry should come as close to the start of the move as possible.

A few examples + the process I used in recent trades:
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โšก๏ธโšก๏ธโšก๏ธ
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Market Reader๐Ÿ“ˆ๐Ÿ“‰
Iโ€™m a little cautious here. If 50DMA breadth falls below the 58โ€“60% range, Iโ€™ll shift into defensive mode.
Market Update |

12 August - Breadth Check

โ€ข 53.8% stocks above 20DMA
โ€ข 58.7% stocks above 50DMA
โ€ข 58.7% stocks above 200DMA


As mentioned yesterday, 50DMA breadth is back below 60%.

So, I am now in defensive mode for swing positions.

The key trigger is Crude Oil: Crude Oil.

Brent is up ~13โ€“15% in a week, and a move above $90 starts becoming a serious headwind for India.

For now, this is treated as pullback/consolidation, as long as 50DMA breadth holds above the 50% zone.

Whether this turns into a deeper correction or remains a pullback - time will tell.


Current Swing Strategy:

๐ŸŸข Aggressive: 50 DMA breadth >60%

๐ŸŸก Defensive: 50DMA breadth 50โ€“60% โ†’ partial profit-taking + very selective low risk entries

๐Ÿ”ด Out: 50DMA breadth <50%
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Stage-2 Screener โ‡๏ธ

This screener filters stocks which are in stage-2 uptrend.

It gives you broad list for stock selection.

You will still need to find setups and further filtering.

I will post a video on how to filter the stock and create a focus list upto 15-20 stocks.

Stay tuned


https://chartink.com/screener/stage-2-stocks-by-market-reader
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Watchlist stocks doing well despite market pullback

MCX up 11% in 3 days
KRN up 8% in 2 days
Tilaknagar up 6% in 2 days
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Current Watchlist

๐Ÿ‘‰Subject to Market Environment
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Sharing a few Q&As from todayโ€™s discussions that might be helpful for you all:
Available till 8:00 PM

You can ask your questions here ๐Ÿ‘‰@mk_reader
In 2020โ€“24, traders lost money in Options.


In 2025โ€“30, the next trap is MTF.


MTF is even more dangerous than futures.


In swing trading, if your usual stop-loss is around 4%, taking additional leverage while paying interest and hidden charges is not worth it.


Majority will never understand the mathematics of MTF margins & charges until they get trapped in a falling stock.


Leverage looks attractive on the way up. It looks very different when the stock falls.


Have you used MTF?

Share your experience ๐Ÿ‘‰ @mk_reader
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Market Reader๐Ÿ“ˆ๐Ÿ“‰
Track KRN
KRN upper circuit after strong results

13% up in 4-5 days
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Oil is down 2%-3% from recent high and also US inflation is ok.

So unless yesterday's low breaks on indices and breadth levels, I am not defensive
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