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Activity Near The Key Moving Averages, 17th Nov 2021 | MarketSmith India

November 17 2021 | Reading Time: 10 Minutes

Linde India

 

Stock has rallied nearly 180% as compared to 42% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 76 which is a respectable rating, but needs improvement. The EPS Rank of 99 is exceptional indicating strong outperformance in earnings growth.

 

The stock has a 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, Linde India stock sliced through the 21-day moving average line. The stock closed -1.6% up on a 34% 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.

 

Hg Infra Engineering

 

Hg Infra Engineering 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 247.6% as compared to 42% for the Nifty500. The EPS Rank of 99 is exceptional indicating strong outperformance in earnings growth.

 

The stock has a 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, Hg Infra Engineering stock fell -2.9%, undercutting its 50-day moving average. It closed -1.6% 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.

 

Lg Balakrishnan & Bros

 

Lg Balakrishnan & Bros has rallied nearly 104.7% as compared to 42% 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 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, Lg Balakrishnan & Bros stock fell -2%, undercutting its 21-day moving average. It closed -1.1% 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.

 

Man Infraconstruction

 

Man Infraconstruction has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 95. In the last twelve months, the stock has soared over 417.5% as compared to 42% for the Nifty500. The EPS Rank of 85 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, Man Infraconstruction stock sliced through the 50-day moving average line. The stock closed -21.7% up on a 177.6% 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.

 

Cosmo Films

 

Cosmo Films has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 88. In the last twelve months, the stock has rallied over 254.4% as compared to 42% for the Nifty500. The EPS Rank of 94 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, Cosmo Films stock fell -2.3%, undercutting its 21-day moving average. It closed -0.2% 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.

 

Panama Petrochem

 

Panama Petrochem 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 271.3% as compared to 42% 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 Panama Petrochem has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 3.1% up on a 25.7% 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.

 

Srf Ltd.

 

Srf Ltd. has rallied nearly 115.2% as compared to 42% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 71 which is a respectable rating, but needs improvement. The EPS Rank of 93 is exceptional indicating strong outperformance in earnings growth.

 

The stock has a 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, Srf Ltd. stock fell -1.7%, undercutting its 21-day moving average. It closed -0.1% 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.

 

Fineotex Chemical Ltd

 

Fineotex Chemical Ltd has rallied nearly 227.8% as compared to 42% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 76 which is a respectable rating, but needs improvement. The EPS Rank of 71 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 Ltd stock fell -0.4%, undercutting its 50-day moving average. It closed -0.4% 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.

 

G M Breweries Ltd.

 

G M Breweries Ltd. has rallied nearly 81.2% as compared to 42% 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 91 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, G M Breweries Ltd. stock fell -1.9%, undercutting its 21-day moving average. It closed -1.5% 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.

 

Action Construction

 

Action Construction has rallied nearly 179.2% as compared to 42% 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 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, Action Construction stock fell -3%, undercutting its 21-day moving average. It closed -2.6% 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.

 

Saksoft Ltd.

 

Saksoft Ltd. 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 206.4% as compared to 42% for the Nifty500. The EPS Rank of 94 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 Saksoft Ltd. has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 3.7% up on a 66.8% 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.

 

National Alumini

 

National Alumini has rallied nearly 173.1% as compared to 42% 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 81 is exceptional indicating 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, National Alumini stock fell -1.3%, undercutting its 50-day moving average. It closed -0.6% 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.

 

Oil India Ltd.

 

Oil India Ltd. has rallied nearly 144.3% as compared to 42% 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 89 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, Oil India Ltd. stock fell -1.5%, 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.

 

Technocraft Industri

 

Technocraft Industri 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 191.7% as compared to 42% for the Nifty500. The EPS Rank of 87 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, Technocraft Industri stock sliced through the 21-day moving average line. The stock closed -4.6% up on a 4.4% 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.

 

Garware Tech. Fibres

 

Garware Tech. Fibres has rallied nearly 64.3% as compared to 42% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 53 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 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, Garware Tech. Fibres stock fell -2.2%, undercutting its 50-day moving average. It closed -0.3% 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.

 

Dwarikesh Sugar

 

Dwarikesh Sugar has rallied nearly 151.5% as compared to 42% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 76 which is a respectable rating, but needs improvement. The EPS Rank of 68 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, Dwarikesh Sugar stock fell -0.8%, undercutting its 50-day moving average. It closed -0.3% 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.

 

Knr Constructions

 

Knr Constructions has rallied nearly 103.1% as compared to 42% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 57 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 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, Knr Constructions stock fell -2.4%, undercutting its 50-day moving average. It closed -2% 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.

 

Triveni Eng.&Ind.Ltd

 

Triveni Eng.&Ind.Ltd 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 198.3% as compared to 42% 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, Triveni Eng.&Ind.Ltd stock closed 3.6% up, reclaiming its 21-day moving average. It closed 1.5% 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.

 

Datamatics Global Se

 

Datamatics Global Se has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 90. In the last twelve months, the stock has soared over 344.2% as compared to 42% for the Nifty500. The EPS Rank of 89 is exceptional indicating outperformance in earnings growth.

 

Today, Datamatics Global Se stock closed 1.2% up, reclaiming its 21-day moving average. It closed 0.9% 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.

 

Intellect Design

 

Intellect Design has rallied nearly 170.8% as compared to 42% 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 90 is exceptional indicating strong outperformance in earnings growth.

 

The stock has a 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, Intellect Design stock fell -2.2%, undercutting its 50-day moving average. It closed -0.5% 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.

 
 
DailyFlag Name Price % Chg Vol % Chg RS Line EPS Rank
21SMABreak
Linde India -1.6 34 76 99
Lg Balakrishnan & Bros -2 -53.7 67 93
Cosmo Films -2.3 -60 88 94
Srf Ltd. -1.7 -39.7 71 93
G M Breweries Ltd. -1.9 -83.3 72 91
Action Construction -3 -60.2 73 96
Technocraft Industri -4.6 4.4 81 87
21SMASupport
Triveni Eng.&Ind.Ltd 3.6 -5.5 80 91
Datamatics Global Se 1.2 -57.4 90 89
50SMABreak
Hg Infra Engineering -2.9 -39.9 84 99
Man Infraconstructio -21.7 177.6 95 76
Fineotex Chemical Ltd -0.4 -27.6 76 71
National Alumini -1.3 -62 74 81
Oil India Ltd. -1.5 -75 75 89
Garware Tech. Fibres -2.2 -9.3 53 93
Dwarikesh Sugar -0.8 -63.6 76 68
Knr Constructions -2.4 -34.6 57 95
Intellect Design -2.2 -10.1 63 90
50SMASupport
Panama Petrochem 3.1 25.7 80 96
Saksoft Ltd. 3.7 66.8 86 94

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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.

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