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Activity Near The Key Moving Averages, 24th Sept 2021 | MarketSmith India

September 24 2021 | Reading Time: 13 Minutes
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 86. In the last twelve months, the stock has rallied over 243% as compared to 61.9% 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 -78% up on a 1245.6% 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.
 
Panama Petrochem
 
Panama Petrochem 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 406% as compared to 61.9% 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 fell -2.5%, 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.
 
Dr. Lal Pathlabs Ltd
 
Dr. Lal Pathlabs Ltd has rallied nearly 120.9% as compared to 61.9% 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 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, Dr. Lal Pathlabs Ltd stock fell -3.8%, undercutting its 21-day moving average. It closed -3.8% 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.
 
National Aluminium
 
National Aluminium 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 186.3% as compared to 61.9% for the Nifty500. The EPS Rank of 81 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 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, National Aluminium stock fell -3.2%, undercutting its 50-day moving average. It closed -0.2% 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.
 
Jindal Stainless 
 
Jindal Stainless 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 264.1% as compared to 61.9% for the Nifty500. The EPS Rank of 91 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, Jindal Stainless stock fell -2.4%, 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.
 
Radico Khaitan Ltd.
 
Radico Khaitan Ltd. has rallied nearly 122.5% as compared to 61.9% 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 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 fell -1.3%, 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.
 
Sterlite Technologies
 
Sterlite Technologies has rallied nearly 96.9% as compared to 61.9% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 60 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 Sterlite Technologie has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 2.7% up on a 231.9% 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.
 
Apollo Hospitals
 
Apollo Hospitals 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 150.7% as compared to 61.9% for the Nifty500. The EPS Rank of 65 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, Apollo Hospitals stock sliced through the 21-day moving average line. The stock closed -7.1% up on a 90.8% 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.
 
Schaeffler India
 
Schaeffler India has rallied nearly 106% as compared to 61.9% 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 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 -2.2%, undercutting its 21-day moving average. It closed -0.7% 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.
 
Tamilnadu Petroprod
 
Tamilnadu Petroprod 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 235.5% as compared to 61.9% 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 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, Tamilnadu Petroprod 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.
 
Aarti Ind. Ltd
 
Aarti Ind. Ltd has rallied nearly 82.7% as compared to 61.9% 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 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 -0.5%, 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.
 
Savita Oil Tech
 
Savita Oil Tech has rallied nearly 134.7% as compared to 61.9% 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 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, Savita Oil Tech stock fell -1.5%, 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.
 
Pds Multi. Fashions
 
Pds Multi. Fashions has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 89. In the last twelve months, the stock has rallied over 311.5% as compared to 61.9% for the Nifty500. 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, Pds Multi. Fashions stock fell -3.7%, undercutting its 50-day moving average. It closed -2.9% 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.
 
Elecon Engg.
 
Elecon Engg. has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 96. In the last twelve months, the stock has soared over 563.6% as compared to 61.9% for the Nifty500. The EPS Rank of 80 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, Elecon Engg. stock fell -1.3%, 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.
 
Deccan Cements
 
Deccan Cements has rallied nearly 167.5% as compared to 61.9% 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 89 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, Deccan Cements stock fell -2.3%, 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.
 
Technocraft Industries
 
Technocraft Industries 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 126.6% as compared to 61.9% for the Nifty500. 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, Technocraft Industries stock closed 0.7% up, reclaiming its 21-day moving average. It closed 0.4% 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.
 
Kajaria Ceramics
 
Kajaria Ceramics has rallied nearly 133.4% as compared to 61.9% 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 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 Kajaria Ceramics has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 7.1% up on a 284.3% 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.
 
Gtpl Hathway
 
Gtpl Hathway has rallied nearly 162.7% as compared to 61.9% 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 88 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, Gtpl Hathway stock fell -1.3%, 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.
 
Route Mobile
 
Route Mobile has rallied nearly 112.8% as compared to 61.9% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 66 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 stock fell -0.5%, 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.
 
Siyaram Silk
 
Siyaram Silk has rallied nearly 177.6% as compared to 61.9% 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 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 stock fell -1.6%, 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.
 
DailyFlag Name Price % Chg Vol % Chg RS Line EPS Rank
21SMABreak
Dr. Lal Pathlabs Ltd -3.8 -9.4 71 97
Radico Khaitan Ltd. -1.3 -38.3 71 95
Apollo Hospitals -7.1 90.8 82 65
Schaeffler India -2.2 -61.5 68 67
Tamilnadu Petroprod -2.3 -52.8 88 99
Elecon Engg. -1.3 -66.7 96 80
Deccan Cements -2.3 -76.3 79 89
Gtpl Hathway -1.3 -72.9 79 88
Route Mobile -0.5 -42.7 66 92
Siyaram Silk -1.6 -66.9 79 67
21SMASupport
Technocraft Industries 0.7 -83.4 86 86
Kajaria Ceramics 7.1 284.3 65 84
50SMABreak
Kpr Mill Ltd. -78 1245.6 86 96
Panama Petrochem -2.5 -65.7 90 96
National Alumini -3.2 -29 81 81
Jindal Stainless -2.4 -74.5 87 91
Aarti Ind. Ltd -0.5 -44.5 54 89
Savita Oil Tech -1.5 -68.8 76 99
Pds Multi. Fashions -3.7 -66.9 89 97
50SMASupport Sterlite Technologie 2.7 231.9 60 91

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