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Activity Near The Key Moving Averages , 11th August 2021 | MarketSmith India

August 11 2021 | Reading Time: 13 Minutes

Bhansali Engg.Po

 

Stock has rallied nearly 314.9% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 79 which is a respectable rating, but needs improvement. The EPS Rank of 98 is exceptional indicating strong outperformance in earnings growth.

 

The stock has an Accumulation/Distribution Rating of B+. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.

 

Today, Bhansali Engg.Po stock sliced through the 21-day moving average line. The stock closed -3.8% up on a 12.3% greater volume than the 50-day average. A rallying stock that collapses below 21-day support in heavy volume is often sending a sell signal, at least for the short term. You may want to watch the stock carefully for further weakness.

 

Steel Authority

 

Steel Authority has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 80. In the last twelve months, the stock has rallied over 227.5% as compared to 46.2% for the Nifty500. The EPS Rank of 92 is exceptional indicating strong outperformance in earnings growth.

 

The stock has strong institutional support. The Accumulation/Distribution Rating of A represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.

 

Today Steel Authority has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 6.1% up on a 45.3% greater volume than the 50-day average. Rising stocks often rebound from their 50-day lines as big investors use it as a reference point to add shares to their positions, creating a price support. You may want to keep an eye on the stock for further supporting actions.

 

Anjani Portland

 

Anjani Portland has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 86. In the last twelve months, the stock has rallied over 221.6% as compared to 46.2% for the Nifty500. The EPS Rank of 92 is exceptional indicating strong outperformance in earnings growth.

 

The stock has an Accumulation/Distribution Rating of A+. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.

Today, Anjani Portland stock sliced through the 21-day moving average line. The stock closed -4.1% up on a 9.2% greater volume than the 50-day average. A rallying stock that collapses below 21-day support in heavy volume is often sending a sell signal, at least for the short term. You may want to watch the stock carefully for further weakness.

 

Astral Ltd

 

Astral Ltd has rallied nearly 163.1% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 67 which is a respectable rating, but needs improvement. The EPS Rank of 97 is exceptional indicating strong outperformance in earnings growth.

 

The stock has an Accumulation/Distribution Rating of A. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.

 

Today, Astral Ltd stock sliced through the 50-day moving average line. The stock closed -4.6% up on a 83.7% greater volume than the 50-day average. A rallying stock that collapses below 50-day support in heavy volume is often sending a sell signal. Once below that line, big investors may use the 50-day line to mark a sell level, creating a level of resistance. You may want to watch the stock carefully for further weakness.

 

Sterlite Technologie

 

Sterlite Technologie has rallied nearly 116.9% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 61 which is a respectable rating, but needs improvement. The EPS Rank of 92 is exceptional indicating strong outperformance in earnings growth.

 

The stock has an Accumulation/Distribution Rating of A-. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.

 

Today, Sterlite Technologie stock fell -1.6%, undercutting its 50-day moving average. It closed -0.8% below the 50-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.

 

Vardhman Special St

 

Vardhman Special St has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 85. In the last twelve months, the stock has rallied over 270.4% as compared to 46.2% for the Nifty500. The EPS Rank of 75 is fair, but needs improvement.

The stock has strong institutional support. The Accumulation/Distribution Rating of B+ represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.

 

Today Vardhman Special St has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 11.5% up on a 93.6% greater volume than the 50-day average. Rising stocks often rebound from their 21-day lines as big investors use it as a reference point to add shares to their positions, creating a price support. You may want to keep an eye on the stock for further supporting actions.

 

Garware Tech. Fibres

 

Garware Tech. Fibres has rallied nearly 82.3% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 55 which is a respectable rating, but needs improvement. The EPS Rank of 92 is exceptional indicating strong outperformance in earnings growth.

 

The stock has an Accumulation/Distribution Rating of A-. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.

 

Today, Garware Tech. Fibres stock sliced through the 50-day moving average line. The stock closed -4.7% up on a 76.4% greater volume than the 50-day average. A rallying stock that collapses below 50-day support in heavy volume is often sending a sell signal. Once below that line, big investors may use the 50-day line to mark a sell level, creating a level of resistance. You may want to watch the stock carefully for further weakness.

 

Jindal Saw

 

Jindal Saw has rallied nearly 105% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 63 which is a respectable rating, but needs improvement. The EPS Rank of 93 is exceptional indicating strong outperformance in earnings growth.

 

The stock has an Accumulation/Distribution Rating of A+. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.

 

Today Jindal Saw has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 7.7% up on a 30.6% greater volume than the 50-day average. Rising stocks often rebound from their 50-day lines as big investors use it as a reference point to add shares to their positions, creating a price support. You may want to keep an eye on the stock for further supporting actions.

 

Aarti Surfactants

 

Aarti Surfactants has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 84. In the last twelve months, the stock has rallied over 341.6% as compared to 46.2% for the Nifty500. The EPS Rank of 85 is exceptional indicating outperformance in earnings growth.

 

Today, Aarti Surfactants stock sliced through the 21-day moving average line. The stock closed -8.8% up on a 205.9% greater volume than the 50-day average. A rallying stock that collapses below 21-day support in heavy volume is often sending a sell signal, at least for the short term. You may want to watch the stock carefully for further weakness.

 

Galaxy Surfactant.

 

Galaxy Surfactant. has rallied nearly 73.6% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 52 which is a respectable rating, but needs improvement. The EPS Rank of 93 is exceptional indicating strong outperformance in earnings growth.

 

The stock has strong institutional support. The Accumulation/Distribution Rating of A- represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.

 

Today, Galaxy Surfactant. stock sliced through the 50-day moving average line. The stock closed -2.4% up on a 59.6% greater volume than the 50-day average. A rallying stock that collapses below 50-day support in heavy volume is often sending a sell signal. Once below that line, big investors may use the 50-day line to mark a sell level, creating a level of resistance. You may want to watch the stock carefully for further weakness..

 

Mold-Tek Packaging

 

Mold-Tek Packaging has rallied nearly 80% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 50 which is a respectable rating, but needs improvement. The EPS Rank of 97 is exceptional indicating strong outperformance in earnings growth.

 

The stock has an Accumulation/Distribution Rating of B. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.

Today, Mold-Tek Packaging stock sliced through the 50-day moving average line. The stock closed -1.8% up on a 164.4% greater volume than the 50-day average. A rallying stock that collapses below 50-day support in heavy volume is often sending a sell signal. Once below that line, big investors may use the 50-day line to mark a sell level, creating a level of resistance. You may want to watch the stock carefully for further weakness.

 

Firstsource Solution

 

Firstsource Solution has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 83. In the last twelve months, the stock has rallied over 261.7% as compared to 46.2% for the Nifty500. The EPS Rank of 70 is fair, but needs improvement.

 

The stock has an Accumulation/Distribution Rating of B-. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.

 

Today, Firstsource Solution stock sliced through the 50-day moving average line. The stock closed -5% up on a 27.2% greater volume than the 50-day average. A rallying stock that collapses below 50-day support in heavy volume is often sending a sell signal. Once below that line, big investors may use the 50-day line to mark a sell level, creating a level of resistance. You may want to watch the stock carefully for further weakness.

 

Vindhya Telelink

 

Vindhya Telelink has rallied nearly 82.8% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 64 which is a respectable rating, but needs improvement. The EPS Rank of 87 is exceptional indicating outperformance in earnings growth.

 

Today, Vindhya Telelink stock fell -4.4%, undercutting its 50-day moving average. It closed -2.8% below the 50-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.

 

Ambuja Cements Ltd.

 

Ambuja Cements Ltd. has rallied nearly 81.5% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 55 which is a respectable rating, but needs improvement. The EPS Rank of 95 is exceptional indicating strong outperformance in earnings growth.

The stock has an Accumulation/Distribution Rating of A. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.

 

Today, Ambuja Cements Ltd. stock fell -0.5%, undercutting its 21-day moving average. It closed -0.8% below the 21-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.

 

Gufic Biosciences Ltd

 

Gufic Biosciences Lt has rallied nearly 96.6% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 50 which is a respectable rating, but needs improvement. The EPS Rank of 96 is exceptional indicating strong outperformance in earnings growth.

 

The stock has strong institutional support. The Accumulation/Distribution Rating of A+ represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.

 

Today Gufic Biosciences Lt has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 4.4% up on a 78% greater volume than the 50-day average. Rising stocks often rebound from their 21-day lines as big investors use it as a reference point to add shares to their positions, creating a price support. You may want to keep an eye on the stock for further supporting actions.

 

Dcm Shriram

 

Dcm Shriram has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 80. In the last twelve months, the stock has rallied over 164.5% as compared to 46.2% for the Nifty500. The EPS Rank of 83 is exceptional indicating outperformance in earnings growth.

 

The stock has an Accumulation/Distribution Rating of A+. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.

 

Today, Dcm Shriram stock fell -1.5%, undercutting its 21-day moving average. It closed -1.2% below the 21-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.

 

Century Plyboards

 

Century Plyboards has rallied nearly 224.7% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 75 which is a respectable rating, but needs improvement. The EPS Rank of 82 is exceptional indicating outperformance in earnings growth.

 

The stock has strong institutional support. The Accumulation/Distribution Rating of B+ represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.

 

Today, Century Plyboards stock sliced through the 50-day moving average line. The stock closed -2.8% up on a 13.1% greater volume than the 50-day average. A rallying stock that collapses below 50-day support in heavy volume is often sending a sell signal. Once below that line, big investors may use the 50-day line to mark a sell level, creating a level of resistance. You may want to watch the stock carefully for further weakness.

 

Thyrocare Tech.

 

Thyrocare Tech. has rallied nearly 88.6% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 50 which is a respectable rating, but needs improvement. The EPS Rank of 90 is exceptional indicating strong outperformance in earnings growth.

 

The stock has strong institutional support. The Accumulation/Distribution Rating of A- represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.

 

Today, Thyrocare Tech. stock fell -1.7%, undercutting its 21-day moving average. It closed -1.4% below the 21-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.

 

Gallantt Ispat Ltd.

 

Gallantt Ispat Ltd. has rallied nearly 108.6% as compared to 46.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 63 which is a respectable rating, but needs improvement. The EPS Rank of 93 is exceptional indicating strong outperformance in earnings growth.

 

The stock has strong institutional support. The Accumulation/Distribution Rating of B- represents heavy institutional buying over the past 13 weeks. Although the number of institutions holding the stock dropped in the last quarter, the number of shares held by the institutions increased at the same time.

 

Today, Gallantt Ispat Ltd. stock fell -2.1%, undercutting its 21-day moving average. It closed -1.8% below the 21-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.


Daily Flag Name Price % Chg Vol % Chg RS Line EPS Line
21SMABreak
Bhansali Engg.Po -3.8 12.3 79 98
Anjani Portland -4.1 9.2 86 92
Aarti Surfactants -8.8 205.9 84 85
Ambuja Cements Ltd. -0.5 -16 55 95
Dcm Shriram -1.5 -73.4 80 83
Thyrocare Tech. -1.7 -76.6 50 90
Gallantt Ispat Ltd. -2.1 -42.4 63 93
21SMASupport
Vardhman Special St 11.5 93.6 85 75
Gufic Biosciences Lt 4.4 78 50 96
50SMABreak
Astral Ltd -4.6 83.7 67 97
Sterlite Technologie -1.6 -5.5 61 92
Garware Tech. Fibres -4.7 76.4 55 92
Route Mobile -1.1 -63.1 72 93
Galaxy Surfactant. -2.4 59.6 52 93
Mold-Tek Packaging -1.8 164.4 50 97
Firstsource Solution -5 27.2 83 70
Vindhya Telelink -4.4 -28 64 87
Century Plyboards -2.8 13.1 75 82
50SMASupport
Steel Authority 6.1 45.3 80 92
Jindal Saw 7.7 30.6 63 93

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