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Activity Near The Key Moving Averages, 23th August 2021 | MarketSmith India

August 23 2021 | Reading Time: 13 Minutes

Hikal Ltd.

 

Stock has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 94. In the last twelve months, the stock has soared over 316.1% as compared to 44.8% for the Nifty500. The EPS Rank of 95 is exceptional indicating strong outperformance in earnings growth.

 

Today, Hikal Ltd. stock fell -8%, undercutting its 21-day moving average. It closed -2.4% 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.

 

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 223.1% as compared to 44.8% for the Nifty500.

 

 The EPS Rank of 97 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 -2.1%, undercutting its 21-day moving average. It closed -0.4% 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.

 

Kpr Mill Ltd.

 

Kpr Mill Ltd. 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 223% as compared to 44.8% 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 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, Kpr Mill Ltd. stock sliced through the 50-day moving average line. The stock closed -1.4% up on a 14.4% 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.

 

Panama Petrochem

 

Panama Petrochem has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 92. In the last twelve months, the stock has soared over 432% as compared to 44.8% 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 sliced through the 50-day moving average line. The stock closed -7.2% up on a 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.

 

Gravita India Ltd.

 

Gravita India Ltd. has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 92. In the last twelve months, the stock has soared over 255.3% as compared to 44.8% for the Nifty500. The EPS Rank of 91 is exceptional indicating strong outperformance in earnings growth.

 

Today, Gravita India Ltd. stock fell -5.5%, undercutting its 21-day moving average. It closed -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.

 

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 83. In the last twelve months, the stock has rallied over 145.8% as compared to 44.8% for the Nifty500. 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, Hg Infra Engineering stock fell -5.1%, undercutting its 21-day moving average. It closed -2.7% 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.

 

Radico Khaitan Ltd.

 

Radico Khaitan Ltd. has rallied nearly 119.1% as compared to 44.8% 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 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, Radico Khaitan Ltd. stock fell -3.4%, undercutting its 21-day moving average. It closed -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.

 

Mastek Li

 

Mastek Li has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 87. In the last twelve months, the stock has rallied over 256.5% as compared to 44.8% for the Nifty500. The EPS Rank of 97 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, Mastek Li stock fell -3.7%, undercutting its 21-day moving average. It closed -1.3% 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.

 

Jindal Stainless

 

Jindal Stainless 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 167.4% as compared to 44.8% for the Nifty500. The EPS Rank of 64 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, Jindal Stainless stock fell -6%, 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.

 

Jk Paper Ltd.

 

Jk Paper Ltd. 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 140.5% as compared to 44.8% for the Nifty500. 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, Jk Paper Ltd. stock fell -8.6%, undercutting its 50-day moving average. It closed -1.3% 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.

 

Nocil Ltd.

 

Nocil Ltd. has rallied nearly 101.1% as compared to 44.8% 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 79 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. has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 2.1% up on a 42.4% 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.

 

Gna Axles

 

Gna Axles 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 200.5% as compared to 44.8% 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, Gna Axles stock fell -3.6%, undercutting its 21-day moving average. It closed -2.8% 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.

 

Ksb

 

Ksb has rallied nearly 119.6% as compared to 44.8% 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 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 fell -4.8%, undercutting its 21-day moving average. It closed -2.5% 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.

 

Thirumalai Chem.

 

Thirumalai Chem. has rallied nearly 139.7% as compared to 44.8% 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 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, Thirumalai Chem. stock fell -7.3%, undercutting its 50-day moving average. It closed -3.6% 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.

 

Anjani Portland

 

Anjani Portland 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 172.2% as compared to 44.8% 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, Anjani Portland stock fell -6.4%, undercutting its 50-day moving average. It closed -3.5% 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.

 

Laurus Labs

 

Laurus Labs 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 197.9% as compared to 44.8% for the Nifty500. The EPS Rank of 82 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, Laurus Labs stock sliced through the 50-day moving average line. The stock closed -6.7% up on a 20.2% 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.

 

Astral Ltd

 

Astral Ltd has rallied nearly 121.9% as compared to 44.8% 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 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, Astral Ltd stock fell -3.2%, undercutting its 50-day moving average. It closed -2.1% 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.

 

Fineotex Chemical Ltd

 

Fineotex Chemical 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 194.4% as compared to 44.8% for the Nifty500. The EPS Rank of 75 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 -5.5%, undercutting its 50-day moving average. It closed -0.9% 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.

 

Allcargo Logistics

 

Allcargo Logistics has rallied nearly 90.4% as compared to 44.8% 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 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 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, Allcargo Logistics stock fell -2.5%, undercutting its 21-day moving average. It closed -0.3% 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.

 

Hle Glasscoat

 

Hle Glasscoat has rallied nearly 150.6% as compared to 44.8% 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 97 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 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 Hle Glasscoat has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 2% up on a 175.5% 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.

 

Aarti Ind. Ltd

 

Aarti Ind. Ltd has rallied nearly 58.2% as compared to 44.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 56 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, Aarti Ind. Ltd stock fell -2.4%, undercutting its 21-day moving average. It closed -2.1% 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.


Daily Flag Name Price % Chg Vol % Chg RS Line ESP Rank
21SMABreak
Hikal Ltd. -8 -21.4 99 94
Deepak Nitrite -2.1 -40.1 99 81
Gravita India Ltd. -5.5 -26.9 98 92
Hg Infra Engineering -5.1 -66.8 98 83
Radico Khaitan Ltd. -3.4 -65.4 98 75
Mastek Li -3.7 -29 97 87
Gna Axles -3.6 -71.2 97 85
Ksb -4.8 -70.8 96 73
Allcargo Logistics -2.5 -11.5 94 70
Aarti Ind. Ltd -2.4 -4.7 94 56
50SMABreak
Kpr Mill Ltd. -1.4 14.4 99 81
Panama Petrochem -7.2 1 99 92
Jindal Stainless -6 -17.1 97 80
Jk Paper Ltd. -8.6 -28.1 97 81
Thirumalai Chem. -7.3 -39.2 96 75
Anjani Portland -6.4 -27.3 95 83
Laurus Labs -6.7 20.2 95 82
Astral Ltd -3.2 -5.5 95 67
Fineotex Chemical Lt -5.5 -11.8 94 80
50SMASupport
Nocil Ltd. 2.1 42.4 97 61
Hle Glasscoat 2 175.5 94 73

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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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