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Activity Near The Key Moving Averages, 1st Oct 2021 | MarketSmith India

October 01 2021 | Reading Time: 10 Minutes

Nocil Ltd.

 
 

Nocil Ltd. has rallied nearly 104.8% as compared to 54.8% 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 77 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, Nocil Ltd. stock fell -1.3%, 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.

 
 

Deepak Nitrite

 
 

Deepak Nitrite 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 193.7% as compared to 54.8% for the Nifty500. 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, Deepak Nitrite stock fell -1%, undercutting its 21-day moving average. It closed -0.9% 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 88. In the last twelve months, the stock has rallied over 376.7% as compared to 54.8% 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 stock closed 1.4% up, reclaiming its 21-day moving average. It closed 0.3% 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.

 
 

Grindwell Norton

 
 

Grindwell Norton has rallied nearly 144.2% as compared to 54.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 70 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 Grindwell Norton has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 4.7% up on a 133.8% 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.

 
 

Radico Khaitan Ltd.

 
 

Radico Khaitan Ltd. has rallied nearly 118.1% as compared to 54.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 70 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, Radico Khaitan Ltd. stock closed 1.8% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 1.1% 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.

 
 

Schaeffler India

 
 

Schaeffler India has rallied nearly 109.5% as compared to 54.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 69 which is a respectable rating, but needs improvement. The EPS Rank of 67 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, Schaeffler India stock fell -3.4%, undercutting its 21-day moving average. It closed -0.6% 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.

 
 

Ksb

 
 

Ksb has rallied nearly 157.6% as compared to 54.8% 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 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, Ksb stock closed 1.4% 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.

 
 

Polycab India

 
 

Polycab India 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 191.3% as compared to 54.8% for the Nifty500. The EPS Rank of 82 is exceptional indicating 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, Polycab India stock fell -1.8%, undercutting its 21-day moving average. It closed -1.9% 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.

 
 

Vardhman Textiles Ltd

 
 

Vardhman Textiles Ltd has rallied nearly 128.8% as compared to 54.8% 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 67 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, Vardhman Textiles Ltd stock fell -0.9%, 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.

 
 

Gufic Biosciences Ltd

 
 

Gufic Biosciences Ltd has rallied nearly 120% as compared to 54.8% 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 96 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 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 Ltd stock fell -0.3%, undercutting its 50-day moving average. It closed -0.1% 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.

 
 

Siyaram Silk

 
 

Siyaram Silk has rallied nearly 162.9% as compared to 54.8% 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 67 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 Siyaram Silk has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 3% up on a 113.5% 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.

 
 

Bajaj Finserv Ltd.

 
 

Bajaj Finserv Ltd. 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 193.8% as compared to 54.8% for the Nifty500. The EPS Rank of 84 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, Bajaj Finserv Ltd. stock sliced through the 21-day moving average line. The stock closed -3.2% up on a 20.6% 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.

 
 

Route Mobile

 
 

Route Mobile has rallied nearly 148.9% as compared to 54.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 68 which is a respectable rating, but needs improvement. 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 Route Mobile has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 4.8% up on a 11.8% 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.

 
 

Clariant Chemicals

 
 

Clariant Chemicals has rallied nearly 68.1% as compared to 54.8% 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 87 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, Clariant Chemicals stock closed 0.8% up, reclaiming its 21-day moving average. It closed 0.3% 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.

 
 

Oriental Aromatics

 
 

Oriental Aromatics has rallied nearly 160.7% as compared to 54.8% 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 92 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 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, Oriental Aromatics stock closed 4.6% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 3.1% 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.

 
 

Lg Balakrishnan & Bros

 
 

Lg Balakrishnan & Bros has rallied nearly 87.6% as compared to 54.8% 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 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, Lg Balakrishnan & Bros stock closed 1% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 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.

 
 

Mphasis Ltd.

 
 

Mphasis Ltd. has rallied nearly 128.8% as compared to 54.8% 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 80 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, Mphasis Ltd. stock sliced through the 21-day moving average line. The stock closed -2.5% up on a 17.4% 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.

 
 

Prince Pipes & Fitting

 
 

Prince Pipes & Fitting has rallied nearly 181.4% as compared to 54.8% 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 97 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 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, Prince Pipes & Fitting stock fell -0.3%, undercutting its 21-day moving average. It closed -0.5% 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.

 
 

Orient Cement Ltd.

 
 

Orient Cement Ltd. has rallied nearly 161.2% as compared to 54.8% 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 70 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 fell -1.3%, undercutting its 50-day moving average. It closed -0.7% 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.

 
 

Mangalam Cement

 
 

Mangalam Cement has rallied nearly 155.4% as compared to 54.8% 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 69 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, Mangalam Cement stock fell -2.9%, undercutting its 21-day moving average. It closed -2.3% 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.

 
 
DailyFlag Name Price % Chg Vol % Chg RS Line EPS Rank
21SMABreak
Nocil Ltd. -1.3 -75.5 73 77
Deepak Nitrite -1 -39.9 81 96
Schaeffler India -3.4 -31.4 69 67
Polycab India -1.8 -44.7 80 82
Bajaj Finserv Ltd. -3.2 20.6 83 84
Mphasis Ltd. -2.5 17.4 78 80
Prince Pipes & Fitting -0.3 -49.6 76 97
Mangalam Cement -2.9 -52.8 79 69
21SMASupport
Panama Petrochem 1.4 -79.5 88 96
Grindwell Norton 4.7 133.8 70 95
Ksb 1.4 -72.5 72 96
Siyaram Silk 3 113.5 78 67
Clariant Chemicals 0.8 -26.7 52 87
50SMABreak
Vardhman Textiles Ltd -0.9 -79.1 71 67
Gufic Biosciences Ltd -0.3 -83.9 67 96
Orient Cement Ltd. -1.3 -47.5 73 70
50SMASupport
Radico Khaitan Ltd. 1.8 -15.5 70 95
Route Mobile 4.8 11.8 68 92
Oriental Aromatics 4.6 -7.5 71 92
Lg Balakrishnan&Bros 1 -34 54 93

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.

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