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Activity Near The Key Moving Averages, 27th Oct 2021 | MarketSmith India

October 27 2021 | Reading Time: 10 Minutes
National Alumini
 
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 251.9% as compared to 57.6% for the Nifty500. The EPS Rank of 81 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, National Alumini stock fell -4.5%, 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.
 
 
Ksb
 
Ksb has rallied nearly 186.8% as compared to 57.6% 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 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, Ksb stock fell -3.1%, undercutting its 21-day moving average. It closed -1.4% 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.
 
 
Allcargo Logistics
 
Allcargo Logistics 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 132.4% as compared to 57.6% for the Nifty500. The EPS Rank of 68 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, Allcargo Logistics stock closed 3.1% up, reclaiming its 21-day moving average. It closed 1.9% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.
 
 
Redington (India) Ltd
 
Redington (India) Ltd has rallied nearly 130.7% as compared to 57.6% 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 92 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, Redington (India) Ltd stock fell -2.7%, undercutting its 50-day moving average. It closed -1.4% 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.
 
 
Kei Industries
 
Kei Industries 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 182.8% as compared to 57.6% for the Nifty500. The EPS Rank of 94 is exceptional indicating strong outperformance in earnings growth.
 
The stock has an Accumulation/Distribution Rating of A+. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today, Kei Industries stock sliced through the 21-day moving average line. The stock closed -3.2% up on a 41.2% 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.
 
 
R Systems Internat.
 
R Systems Internat. has rallied nearly 89.4% as compared to 57.6% 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 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 R Systems Internat. has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 4.3% up on a 124.5% 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.
 
 
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 384.9% as compared to 57.6% for the Nifty500. 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, Panama Petrochem 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.
 
 
Indo Count Inds.
 
Indo Count Inds. has rallied nearly 90% as compared to 57.6% 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 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, Indo Count Inds. stock sliced through the 50-day moving average line. The stock closed -6.9% up on a 37% 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.
 
 
Srf Ltd.
 
Srf Ltd. has rallied nearly 138.9% as compared to 57.6% 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 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 Srf Ltd. has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 1.5% up on a 2.8% 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.
 
 
United Spirits
 
United Spirits has rallied nearly 65.5% as compared to 57.6% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 59 which is a respectable rating, but needs improvement. The EPS Rank of 95 is exceptional indicating strong outperformance in earnings growth.
 
The stock has an Accumulation/Distribution Rating of B+. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today United Spirits has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 7.3% up on a 28.6% 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.
 
 
Deepak Nitrite
 
Deepak Nitrite 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 232.4% as compared to 57.6% for the Nifty500. The EPS Rank of 97 is exceptional indicating strong outperformance in earnings growth.
 
Institutional sponsorship looks good for the stock, 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 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.
 
 
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 229.3% as compared to 57.6% for the Nifty500. The EPS Rank of 85 is exceptional indicating outperformance in earnings growth.
 
The stock has an Accumulation/Distribution Rating of A+. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today, Bajaj Finserv Ltd. stock fell -2%, 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.
 
 
Angel One
 
Angel One 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 265.8% as compared to 57.6% for the Nifty500. The EPS Rank of 95 is exceptional indicating strong outperformance in earnings growth.
 
Institutional sponsorship looks good for the stock, 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, Angel One stock fell -2.7%, undercutting its 50-day moving average. It closed -1.9% 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.
 
 
Prince Pipes & Fitti
 
Prince Pipes & Fitti 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 210.1% as compared to 57.6% 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 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 & Fitti stock closed 2.2% up, reclaiming its 21-day moving average. It closed 1.2% 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.
 
 
Eclerx Services
 
Eclerx Services has rallied nearly 193.7% as compared to 57.6% 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 74 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 Eclerx Services has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 9.3% 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.
 
 
Sterlite Technologie
 
Sterlite Technologie has rallied nearly 95.6% as compared to 57.6% 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 89 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, Sterlite Technologie stock fell -1.8%, 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.
 
 
Hikal Ltd.
 
Hikal 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 206.4% as compared to 57.6% for the Nifty500. The EPS Rank of 95 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 Hikal Ltd. has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 9.9% up on a 307.6% 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.
 
 
Steel Authority
 
Steel Authority has rallied nearly 249.1% as compared to 57.6% 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 92 is exceptional indicating strong outperformance in earnings growth.
 
Today, Steel Authority stock fell -2.5%, 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.
 
 
Avt Natural Prod
 
Avt Natural Prod has rallied nearly 94.7% as compared to 57.6% 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 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 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, Avt Natural Prod stock closed 1.7% up, reclaiming its 21-day moving average. It closed 1.2% 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.
 
 
Vedanta
 
Vedanta has rallied nearly 245.2% as compared to 57.6% 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 77 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, Vedanta stock fell -4.7%, 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.
 
 
DailyFlag Name Price % Chg Vol % Chg RS Line EPS Rank
21SMABreak
National Alumini -4.5 -21.3 85 81
Ksb -3.1 -62.5 76 96
Kei Industries -3.2 41.2 80 94
Bajaj Finserv Ltd. -2 -8.4 83 85
Sterlite Technologie -1.8 -34.5 52 89
Vedanta -4.7 -6.1 79 77
21SMASupport
Allcargo Logistics 3.1 -56.5 81 68
R Systems Internat. 4.3 124.5 69 91
United Spirits 7.3 28.6 59 95
Prince Pipes & Fitti 2.2 -41.9 80 97
Eclerx Services 9.3 133.8 76 74
Hikal Ltd. 9.9 307.6 84 95
Avt Natural Prod 1.7 -61.5 66 88
50SMABreak
Redington (India) Ltd -2.7 -24.9 72 92
Indo Count Inds. -6.9 37 69 87
Deepak Nitrite -2.1 -24.1 83 97
Angel One -2.7 -38.5 92 95
Steel Authority -2.5 -21.6 75 92
50SMASupport
Panama Petrochem 3 -13.8 88 96
Srf Ltd. 1.5 2.8 76 96

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