MarketsmithIndia Articles

Activity Near The Key Moving Averages , 12th August 2021 | MarketSmith India

August 12 2021 | Reading Time: 8 Minutes

Tata Elxsi

 

Tata Elxsi 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 311% as compared to 46.3% for the Nifty500. The EPS Rank of 91 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, Tata Elxsi stock closed 2.5% up, reclaiming its 21-day moving average. It closed 1% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Welspun India

 

Welspun India has rallied nearly 172.3% as compared to 46.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 74 which is a respectable rating, but needs improvement. The EPS Rank of 86 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, Welspun India stock closed 4.7% up, reclaiming its 21-day moving average. It closed 1.4% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Bhansali Engg.Po

 

Bhansali Engg.Po has rallied nearly 300% as compared to 46.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 78 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 closed 3.8% up, reclaiming its 21-day moving average. It closed 3.3% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Dolat Investment

 

Dolat Investment has rallied nearly 98.7% as compared to 46.3% 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 97 is exceptional indicating strong outperformance in earnings growth.

 

Today, Dolat Investment stock closed 10% up, reclaiming its 21-day moving average. It closed 4.6% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, 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 85. In the last twelve months, the stock has rallied over 206% as compared to 46.3% 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 closed 6.4% up, reclaiming its 21-day moving average. It closed 3% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Sterlite Technologies

 

Sterlite Technologies  has rallied nearly 113.3% as compared to 46.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 62 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 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, Sterlite Technologies stock closed 7.4% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 6.1% above the 50-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Fineotex Chemical Ltd

 

Fineotex Chemical Lt has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 81. In the last twelve months, the stock has rallied over 228.3% as compared to 46.3% for the Nifty500. The EPS Rank of 74 is fair, but needs improvement.

 

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, Fineotex Chemical Lt stock closed 3.4% up, reclaiming its 21-day moving average. It closed 2.6% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Action Construction

 

Action Construction has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 82. In the last twelve months, the stock has rallied over 249.3% as compared to 46.3% for the Nifty500. The EPS Rank of 96 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, Action Construction stock closed 7.3% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 1.7% above the 50-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Punjab Chemicals And Corp

 

Punjab Chemicals And Corp  has rallied nearly 147.4% as compared to 46.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 62 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 Punjab Chemicals And Chemicals has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 20% up on a 486.5% 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.

 

Deccan Cements

 

Deccan Cements has rallied nearly 169.9% as compared to 46.3% 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 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, Deccan Cements stock closed 6.6% up, reclaiming its 21-day moving average. It closed 5.4% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Grindwell Norton

 

Grindwell Norton has rallied nearly 133.6% as compared to 46.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 65 which is a respectable rating, but needs improvement. The EPS Rank of 96 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, Grindwell Norton stock closed 1.7% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.2% above the 50-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Phillips Carbon

 

Phillips Carbon has rallied nearly 102.5% as compared to 46.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 54 which is a respectable rating, but needs improvement. The EPS Rank of 98 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, Phillips Carbon stock closed 5.2% up, reclaiming its 21-day moving average. It closed 1% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Orient Cement Ltd.

 

Orient Cement Ltd. has rallied nearly 128.6% as compared to 46.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 72 which is a respectable rating, but needs improvement. The EPS Rank of 72 is fair, but needs improvement.

 

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, Orient Cement Ltd. stock closed 5.6% up, reclaiming its 21-day moving average. It closed 3.8% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Polyplex Corpn.

 

Polyplex Corpn. has rallied nearly 93.7% as compared to 46.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 72 which is a respectable rating, but needs improvement. The EPS Rank of 99 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 Polyplex Corpn. has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 5.1% up on a 33.2% 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.

 

M M Forgings Ltd.

 

M M Forgings Ltd. has rallied nearly 170.7% as compared to 46.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 77 which is a respectable rating, but needs improvement. The EPS Rank of 76 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 M M Forgings Ltd. has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 4% up on a 50.5% 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.

 

Mayur Uniquoters

 

Mayur Uniquoters has rallied nearly 92.8% as compared to 46.3% 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 89 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 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, Mayur Uniquoters stock closed 4.7% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.6% above the 50-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Balrampur Chini

 

Balrampur Chini has rallied nearly 143.7% as compared to 46.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 73 which is a respectable rating, but needs improvement. The EPS Rank of 53 is poor and needs improvement.

 

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, Balrampur Chini stock closed 1.6% up, reclaiming its 21-day moving average. It closed 0.2% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Thyrocare Tech.

 

Thyrocare Tech. has rallied nearly 86.2% as compared to 46.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 51 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 closed 1.8% up, reclaiming its 21-day moving average. It closed 0.8% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

The Anup Engineering

 

The Anup Engineering has rallied nearly 78% as compared to 46.3% 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 95 is exceptional indicating strong outperformance in earnings growth.

 

Today, The Anup Engineering stock closed 6.5% up, reclaiming its 21-day moving average. It closed 3.8% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

 

Geojit Financial

 

Geojit Financial has rallied nearly 105.9% as compared to 46.3% 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 82 is exceptional indicating outperformance in earnings growth.

 

Today, Geojit Financial stock closed 5.5% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 2.8% above the 50-day moving average.

 

However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.


Daily Flag Name Price % Chg Vol % Chg RS Line EPS Line
21SMASupport
Tata Elxsi 2.5 -40.4 83 91
Welspun India 4.7 -69.5 74 86
Bhansali Engg.Po 3.8 -44.5 78 98
Dolat Investment 10 -2.8 75 97
Anjani Portland 6.4 -69.6 85 92
Fineotex Chemical Ltd 3.4 -14.6 81 74
Deccan Cements 6.6 -16 79 96
Phillips Carbon 5.2 -6.7 54 98
Orient Cement Ltd. 5.6 -41.7 72 72
Polyplex Corpn. 5.1 33.2 72 99
M M Forgings Ltd. 4 50.5 77 76
Balrampur Chini 1.6 -22.2 73 53
Thyrocare Tech. 1.8 -77.6 51 90
The Anup Engineering 6.5 -24.4 64 95
50SMASupport
Sterlite Technologies 7.4 -1.3 62 92
Action Construction 7.3 -27.3 82 96
Punjab Chemicals And Corp 20 486.5 62 95
Grindwell Norton 1.7 -68.3 65 96
Route Mobile 5 -66.8 73 93
Mayur Uniquoters 4.7 -42.7 55 89
Geojit Financial 5.5 -59.3 64 82

What do you think? Please email us any questions or comments.

Disclaimer: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It is for educational purposes only.For more information, see our Legal disclosures here.

Related Article

Loading...