Market MATH & Watchlist: 22-June-2025
Hard Money| Bias: Trust the Uptrend but need more confirmation
MATH: Momentum Anticipation and Trend by Homma:
MATH last week: Click the link
The most comprehensive article on Breadth and Anticipation:
As technical traders, we
“Anticipate, but confirm. Wish, but only react.”
Short-term: “Percentage of stocks above 10/20-DMA”
Medium-term: “Percentage of stocks above 50-DMA”
Long-term: “Percentage of stocks above 200-DMA”
In the short term, we are trying to reverse from the oversold zone.
In the medium term, we are still in the bullish zone and trying to reverse..
In the long term, we are trying to put a higher low and continue the uptrend.
Momentum:
Homma Mswing Score: (basal Momentum)
Mswing score after pulling back for the last 2 weeks, we have a revival.
Landry Daily: (hard Momentum. Momentum Bias for Swing Play)
Hard momentum is still pulling back.
Landry Weekly (Momentum Bias for Positional Play):
Landry momentum weekly after being up for 5 weeks in under pressure.
Net4% Movers:
Under pressure in the last week.
But is now above 0 with a higher low.
This bodes well going forward.
N50:
Basing inside a Channel with a small +ve Slope.
Still above all key MAs.
Anticipation:
Nifty Midsmall400 retested last Friday’s low and bounced, closing above the 21-ema. What can unfold next?
The weekly closing action looks good.
Trend and momentum looks to be putting a bullish reversal.
Net 4% improving.
With the index closing above the 21-ema.
But we aren’t still out of the woods yet.
More confirmation is required of the bounce.
Which will come with a Higher High on an intraday timeframe.
But since, we are still trending above the key MAs, the bias is of a that bounce to come.
Any chance we test the 50-DMA?
I wouldn’t rule that possibility out.
Positional bias = Hard-Easy money transition
PS: Anticipations are often wrong, and biases should be adjusted after every candle.
If you dont know this already, I update my Market MATH every day on my website under the BREADTH section. Please check in every day post-market.
Group Strength:
Sectoral:
Defence and Financial services (stock market related) still leading.
Oil drilling & Auto strong.
OEMs has clear strength
Index:
Realty leading.
IT catching up.
Watchlists:
Follow the Strongest Stocks (the RS 100 and RS 100 Liquid watchlists below):
Find Tightness candidates from Tandem Inside bars and Tandem Low ranges.
https://www.sakatashomma.com/scanners
I am personally interested in Defence, Power, OEMs, Realty.
Find my Actionable list for the week below.
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