Activity Near The Key Moving Averages, 29th July, 2021| MarketSmith India

Author: MarketSmith India

Posted Date: July 29 2021

Astral Ltd

Astral Ltd has rallied nearly 180.8% as compared to 43.7% 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 97 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, Astral Ltd stock closed 1.7% up, reclaiming its 21-day moving average. It closed 1% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

Triveni Eng.&Ind.Ltd

Triveni Eng.&Ind.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 226% as compared to 43.7% for the Nifty500. The EPS Rank of 80 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 Triveni Eng.&Ind.Ltd has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 8.9% up on a 28.5% 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.

Dixon Technologies

Dixon Technologies has rallied nearly 189.2% as compared to 43.7% 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 96 is exceptional indicating strong outperformance in earnings growth.

Today, Dixon Technologies stock sliced through the 50-day moving average line. The stock closed -4.1% up on a 20.8% 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.

Dalmia Bharat Sugar

Dalmia Bharat Sugar has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 91. In the last twelve months, the stock has soared over 273% as compared to 43.7% for the Nifty500. The EPS Rank of 78 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 Dalmia Bharat Sugar has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 3.9% up on a 124% 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 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 293.4% as compared to 43.7% for the Nifty500. The EPS Rank of 76 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, M M Forgings Ltd. stock closed 2% up, reclaiming its 21-day moving average. It closed 0.2% 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.

Filatex India

Filatex India 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 276.7% as compared to 43.7% for the Nifty500. The EPS Rank of 96 is exceptional indicating strong outperformance in earnings growth.

Today, Filatex India stock closed 1.2% 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.

Grindwell Norton

Grindwell Norton has rallied nearly 167.7% as compared to 43.7% 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 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, Grindwell Norton stock fell -0.9%, undercutting its 21-day moving average. It closed -0.6% below the 21-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.

J B Chemicals & Pharma

J B Chemicals & Phar has rallied nearly 146.2% as compared to 43.7% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 64 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.

Firstsource Solution

Firstsource Solution 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 318.2% as compared to 43.7% for the Nifty500. The EPS Rank of 59 is poor and 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, Firstsource Solution stock sliced through the 21-day moving average line. The stock closed -1% up on a 132.5% 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.

Ramco Systems Ltd

Ramco Systems Lt has rallied nearly 341.7% as compared to 43.7% 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 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, Ramco Systems Lt stock sliced through the 50-day moving average line. The stock closed -11.7% up on a 164% 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.

Prism Johnson

Prism Johnson has rallied nearly 226.4% as compared to 43.7% 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 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, Prism Johnson stock sliced through the 21-day moving average line. The stock closed -5.5% up on a 370.1% 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.

Nmdc Ltd.

Nmdc Ltd. has rallied nearly 107.9% as compared to 43.7% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 58 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 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 Nmdc Ltd. has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 4.9% up on a 101.1% 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.

Gallantt Ispat Ltd.

Gallantt Ispat Ltd. has rallied nearly 105.9% as compared to 43.7% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 57 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 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 Gallantt Ispat Ltd. has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 19.4% up on a 1149.8% 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.

Laurus Labs

Laurus Labs has rallied nearly 231.4% as compared to 43.7% 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 77 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, Laurus Labs stock sliced through the 50-day moving average line. The stock closed -2.1% up on a 77% 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.

Isgec Heavy Eng

Isgec Heavy Eng 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 239.9% as compared to 43.7% for the Nifty500. The EPS Rank of 80 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, Isgec Heavy Eng stock closed 2.3% up, reclaiming its 21-day moving average. It closed 0.2% 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.

Dcm Shriram

Dcm Shriram has rallied nearly 167.3% as compared to 43.7% 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 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, Dcm Shriram stock closed 2% up, reclaiming its 21-day moving average. It closed 0% 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.

Sonata Software

Sonata Software has rallied nearly 186.9% as compared to 43.7% 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 77 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, Sonata Software stock closed 1.8% up, reclaiming its 21-day moving average. It closed 1% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.

Dcw Ltd.

Dcw Ltd. has rallied nearly 257.6% as compared to 43.7% 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 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, Dcw Ltd. stock closed 2.4% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 2.3% 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.

Adf Foods Ltd.

Adf Foods Ltd. has rallied nearly 186.9% as compared to 43.7% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 64 which is a respectable rating, but needs improvement. The EPS Rank of 92 is exceptional indicating strong outperformance in earnings growth.

Today, Adf Foods Ltd. stock sliced through the 50-day moving average line. The stock closed -2.5% up on a 6.2% 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.


Daily Flag Name Pct Chg (%) Vol Pct Chg(%) RS Line EPS Line
21SMABreak Grindwell Norton -0.9 -59.7 72 94
J B Chemicals & Phar 0.1 -11.3 64 96
Firstsource Solution -1 132.5 88 59
Prism Johnson -5.5 370.1 66 86
Shalby -0.7 -79 73 66
21SMASupport Astral Ltd 1.7 -11.7 70 97
Dalmia Bharat Sugar 3.9 124 91 78
M M Forgings Ltd. 2 -67.2 80 76
Gallantt Ispat Ltd. 19.4 1149.8 57 93
Isgec Heavy Eng 2.3 -15.5 83 80
Dcm Shriram 2 -41.7 75 84
Sonata Software 1.8 -6.9 71 77
50SMABreak Dixon Technologies -4.1 20.8 68 96
Ramco Systems Lt -11.7 164 69 92
Laurus Labs -2.1 77 76 77
Adf Foods Ltd. -2.5 6.2 64 92
50SMASupport Triveni Eng.&Ind.Ltd 8.9 28.5 81 80
Filatex India 1.2 -27 86 96
Nmdc Ltd. 4.9 101.1 58 96
Dcw Ltd. 2.4 -45.7 76 64
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