Index
- Mindtree Ltd.
- Eclerx Services
- Persistent Systems
- Share India Securities
- Srf Ltd.
- Radico Khaitan
- India Glycols
- L&T Infotech
- Vardhman Textiles Ltd
- Max Ventures And Ind
- Hindustan Aeronautic
- Renaissance Global
- Astral Ltd
- Tech Mahindra
- Ongc
- Usha Martin Ltd.
- Sobha
- Pg Electroplast Ltd.
- M M Forgings Ltd.
- Vinati Organics
Activity Near The Key Moving Averages, 24th Nov 2021 | MarketSmith India
November 24 2021 | Reading Time: 10 Minutes
Mindtree Ltd.
Stock 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 240.9% as compared to 36.9% for the Nifty500. 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, Mindtree Ltd. stock fell -3.8%, 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.
Eclerx Services
Eclerx Services 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 217.1% as compared to 36.9% for the Nifty500. The EPS Rank of 75 is fair, but needs improvement.
Today, Eclerx Services stock fell -1.6%, 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.
Persistent Systems
Persistent Systems 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 250.1% as compared to 36.9% for the Nifty500. 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, Persistent Systems stock fell -2.1%, 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.
Share India Securities
Share India Securities 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 711.9% as compared to 36.9% for the Nifty500. The EPS Rank of 99 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, Share India Securities stock fell -1%, 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.
Srf Ltd.
Srf Ltd. has rallied nearly 113.5% as compared to 36.9% 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 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, Srf Ltd. stock sliced through the 21-day moving average line. The stock closed -3% up on a 24.7% 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.
Radico Khaitan
Radico Khaitan has rallied nearly 138.2% as compared to 36.9% 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 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, Radico Khaitan stock closed 1.8% up, reclaiming its 21-day moving average. It closed 0.5% 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.
India Glycols
India Glycols has rallied nearly 186.1% as compared to 36.9% 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 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, India Glycols stock closed 3.7% 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.
L&T Infotech
L&T Infotech has rallied nearly 116.4% as compared to 36.9% 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 87 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, L&T Infotech stock fell -2.7%, 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 135.7% as compared to 36.9% 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 68 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, Vardhman Textiles Ltd stock closed 1.5% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.8% 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.
Max Ventures And Ind
Max Ventures And Ind 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 173.9% as compared to 36.9% for the Nifty500. The EPS Rank of 84 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, Max Ventures And Ind stock closed 3% 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.
Hindustan Aeronautic
Hindustan Aeronautic has rallied nearly 71.7% as compared to 36.9% 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 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 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, Hindustan Aeronautic stock fell -2.7%, 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.
Renaissance Global
Renaissance Global 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 228.1% as compared to 36.9% for the Nifty500. The EPS Rank of 79 is fair, but needs improvement.
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, Renaissance Global stock closed 1.7% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 1.2% 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.
Astral Ltd
Astral Ltd has rallied nearly 102.1% as compared to 36.9% 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 97 is exceptional indicating strong outperformance in earnings growth.
Institutional sponsorship looks good for the stock. Big money has been increasingly buying the stock. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
Today, Astral Ltd stock fell -2.2%, 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.
Tech Mahindra
Tech Mahindra has rallied nearly 78% as compared to 36.9% 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 83 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, Tech Mahindra stock fell -1.7%, 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.
Ongc
Ongc has rallied nearly 86.9% as compared to 36.9% 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 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 Ongc has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 4.3% up on a 28.8% 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.
Usha Martin Ltd.
Usha Martin Ltd. 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 242.4% as compared to 36.9% for the Nifty500. The EPS Rank of 76 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, Usha Martin Ltd. stock closed 1% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.3% 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.
Sobha
Sobha has rallied nearly 160.9% as compared to 36.9% 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 66 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, Sobha stock closed 5.4% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 4.5% 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.
Pg Electroplast Ltd.
Pg Electroplast Ltd. 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 253.4% as compared to 36.9% for the Nifty500. The EPS Rank of 63 is fair, but needs improvement.
Today Pg Electroplast Ltd. has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 3.7% up on a 8.5% 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.
M M Forgings Ltd.
M M Forgings Ltd. has rallied nearly 126.6% as compared to 36.9% 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 83 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, M M Forgings Ltd. stock closed 2.1% up, reclaiming its 21-day moving average. It closed 0.1% 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.
Vinati Organics
Vinati Organics has rallied nearly 68.8% as compared to 36.9% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 50 which is a respectable rating, but needs improvement. The EPS Rank of 86 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, Vinati Organics stock fell -1.9%, undercutting its 50-day moving average. It closed -1.2% 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.
Stock 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 240.9% as compared to 36.9% for the Nifty500. 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, Mindtree Ltd. stock fell -3.8%, 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.
Eclerx Services
Eclerx Services 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 217.1% as compared to 36.9% for the Nifty500. The EPS Rank of 75 is fair, but needs improvement.
Today, Eclerx Services stock fell -1.6%, 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.
Persistent Systems
Persistent Systems 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 250.1% as compared to 36.9% for the Nifty500. 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, Persistent Systems stock fell -2.1%, 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.
Share India Securities
Share India Securities 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 711.9% as compared to 36.9% for the Nifty500. The EPS Rank of 99 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, Share India Securities stock fell -1%, 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.
Srf Ltd.
Srf Ltd. has rallied nearly 113.5% as compared to 36.9% 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 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, Srf Ltd. stock sliced through the 21-day moving average line. The stock closed -3% up on a 24.7% 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.
Radico Khaitan
Radico Khaitan has rallied nearly 138.2% as compared to 36.9% 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 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, Radico Khaitan stock closed 1.8% up, reclaiming its 21-day moving average. It closed 0.5% 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.
India Glycols
India Glycols has rallied nearly 186.1% as compared to 36.9% 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 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, India Glycols stock closed 3.7% 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.
L&T Infotech
L&T Infotech has rallied nearly 116.4% as compared to 36.9% 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 87 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, L&T Infotech stock fell -2.7%, 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 135.7% as compared to 36.9% 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 68 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, Vardhman Textiles Ltd stock closed 1.5% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.8% 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.
Max Ventures And Ind
Max Ventures And Ind 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 173.9% as compared to 36.9% for the Nifty500. The EPS Rank of 84 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, Max Ventures And Ind stock closed 3% 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.
Hindustan Aeronautic
Hindustan Aeronautic has rallied nearly 71.7% as compared to 36.9% 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 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 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, Hindustan Aeronautic stock fell -2.7%, 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.
Renaissance Global
Renaissance Global 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 228.1% as compared to 36.9% for the Nifty500. The EPS Rank of 79 is fair, but needs improvement.
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, Renaissance Global stock closed 1.7% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 1.2% 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.
Astral Ltd
Astral Ltd has rallied nearly 102.1% as compared to 36.9% 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 97 is exceptional indicating strong outperformance in earnings growth.
Institutional sponsorship looks good for the stock. Big money has been increasingly buying the stock. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
Today, Astral Ltd stock fell -2.2%, 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.
Tech Mahindra
Tech Mahindra has rallied nearly 78% as compared to 36.9% 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 83 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, Tech Mahindra stock fell -1.7%, 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.
Ongc
Ongc has rallied nearly 86.9% as compared to 36.9% 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 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 Ongc has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 4.3% up on a 28.8% 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.
Usha Martin Ltd.
Usha Martin Ltd. 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 242.4% as compared to 36.9% for the Nifty500. The EPS Rank of 76 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, Usha Martin Ltd. stock closed 1% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.3% 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.
Sobha
Sobha has rallied nearly 160.9% as compared to 36.9% 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 66 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, Sobha stock closed 5.4% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 4.5% 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.
Pg Electroplast Ltd.
Pg Electroplast Ltd. 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 253.4% as compared to 36.9% for the Nifty500. The EPS Rank of 63 is fair, but needs improvement.
Today Pg Electroplast Ltd. has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 3.7% up on a 8.5% 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.
M M Forgings Ltd.
M M Forgings Ltd. has rallied nearly 126.6% as compared to 36.9% 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 83 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, M M Forgings Ltd. stock closed 2.1% up, reclaiming its 21-day moving average. It closed 0.1% 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.
Vinati Organics
Vinati Organics has rallied nearly 68.8% as compared to 36.9% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 50 which is a respectable rating, but needs improvement. The EPS Rank of 86 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, Vinati Organics stock fell -1.9%, undercutting its 50-day moving average. It closed -1.2% 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.
| DailyFlag | Name | Price % Chg | Vol % Chg | RS Line | EPS Rank |
|
21SMABreak |
Mindtree Ltd. | -3.8 | -39.7 | 88 | 93 |
| Persistent Systems | -2.1 | -47.1 | 80 | 88 | |
| Share India Securiti | -1 | -72.4 | 95 | 99 | |
| Srf Ltd. | -3 | 24.7 | 73 | 93 | |
| L&T Infotech | -2.7 | -25.8 | 75 | 87 | |
| Tech Mahindra | -1.7 | -50.4 | 62 | 84 | |
|
21SMASupport |
Radico Khaitan | 1.8 | -60.9 | 76 | 86 |
| Pg Electroplast Ltd. | 3.7 | 8.5 | 84 | 63 | |
| M M Forgings Ltd. | 2.1 | -79 | 74 | 83 | |
|
50SMABreak |
Eclerx Services | -1.6 | -28 | 83 | 75 |
| Hindustan Aeronautic | -2.7 | -53.6 | 60 | 81 | |
| Astral Ltd | -2.2 | -45.5 | 61 | 96 | |
| Vinati Organics | -1.9 | -52.1 | 50 | 86 | |
|
50SMASupport |
India Glycols | 3.7 | -81.3 | 78 | 98 |
| Vardhman Textiles Ltd | 1.5 | -30.5 | 68 | 68 | |
| Max Ventures And Ind | 3 | -61.2 | 83 | 84 | |
| Renaissance Global | 1.7 | -34.3 | 83 | 80 | |
| Ongc | 4.3 | 28.8 | 61 | 83 | |
| Usha Martin Ltd. | 1 | -58 | 85 | 76 | |
| Sobha | 5.4 | -18 | 77 | 66 |
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