Activity Near The Key Moving Averages, 2nd August, 2021| MarketSmith India

Author: MarketSmith India

Posted Date: August 02 2021 | Reading Time: 9 minutes

Filatex India

 

Filatex India 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 275.6% as compared to 44.4% for the Nifty500. The EPS Rank of 96 is exceptional indicating strong outperformance in earnings growth.

 

Today Filatex India has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 4.3% up on a 60.4% greater volume than the 50-day average. Rising stocks often rebound from their 50-day lines as big investors use it as a reference point to add shares to their positions, creating a price support. You may want to keep an eye on the stock for further supporting actions.

 

Geojit Financial

 

Geojit Financial has rallied nearly 150.7% as compared to 44.4% 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 83 is exceptional indicating outperformance in earnings growth.

 

Today Geojit Financial has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 6.9% up on a 18.6% 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.

 

Vindhya Telelink

 

Vindhya Telelink has rallied nearly 106.2% as compared to 44.4% 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 88 is exceptional indicating outperformance in earnings growth.

 

Today, Vindhya Telelink stock closed 3.6% up, reclaiming its 21-day moving average. It closed 1.4% 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.

 

Gufic Biosciences Lt

 

Gufic Biosciences Lt has rallied nearly 87.9% as compared to 44.4% 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 96 is exceptional indicating strong outperformance in earnings growth.

The stock has strong institutional support. The Accumulation/Distribution Rating of A+ represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.

 

Today Gufic Biosciences Lt has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 5.3% up on a 7.8% 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.

 

India Glycols

 

India Glycols has rallied nearly 153.6% as compared to 44.4% 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 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, India Glycols stock closed 4.1% 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.

 

Dcw Ltd.

 

Dcw Ltd. has rallied nearly 275.6% as compared to 44.4% 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 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 fell -4.7%, 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.

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 84. In the last twelve months, the stock has rallied over 243.9% as compared to 44.4% 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 2.7% up, reclaiming its 21-day moving average. It closed 1.4% 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.

 

Ineos Styrolution

 

Ineos Styrolution has rallied nearly 163.3% as compared to 44.4% 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 78 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 Ineos Styrolution has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 2.4% up on a 284.3% 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.

 

Ptc India

 

Ptc India has rallied nearly 94.7% as compared to 44.4% 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 83 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, Ptc India stock closed 0.5% 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.

 

Prism Johnson

 

Prism Johnson has rallied nearly 210.7% as compared to 44.4% 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 76 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, Prism Johnson stock closed 1.5% up, reclaiming its 21-day moving average. It closed 0.8% 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.

 

Hind. Copper

 

Hind. Copper 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 333.6% as compared to 44.4% for the Nifty500. The EPS Rank of 52 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, Hind. Copper stock fell -0.8%, undercutting its 50-day moving average. It closed -0.6% below the 50-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.

 

Birlasoft

 

Birlasoft has rallied nearly 233.9% as compared to 44.4% 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 72 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, Birlasoft stock fell -1.2%, 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.

 

Finolex Cables

 

Finolex Cables has rallied nearly 93.5% as compared to 44.4% 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 84 is exceptional indicating outperformance in earnings growth.

 

Today, Finolex Cables stock closed 0.8% up, reclaiming its 21-day moving average. It closed 0.6% 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.

Sms Pharmaceuticals

 

Sms Pharmaceuticals has rallied nearly 132.7% as compared to 44.4% 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 90 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, Sms Pharmaceuticals stock closed 5.2% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 4.6% 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.

 

Sequent Scientific

 

Sequent Scientific has rallied nearly 139.2% as compared to 44.4% 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 91 is exceptional indicating strong outperformance in earnings growth.

 

Today, Sequent Scientific stock fell -1.8%, 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.

 

Vinati Organics

 

Vinati Organics has rallied nearly 102.4% as compared to 44.4% 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 71 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, Vinati Organics stock sliced through the 21-day moving average line. The stock closed -2.2% up on a 84.1% 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.

 

Polycab India

Polycab India has rallied nearly 125.6% as compared to 44.4% 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 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, Polycab India stock closed 0.8% 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.

 

Ncc

 

Ncc has rallied nearly 202.8% as compared to 44.4% 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 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, Ncc stock fell -1.1%, undercutting its 50-day moving average. It closed -0.3% below the 50-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.

 

Kei Industries

 

Kei Industries has rallied nearly 103.6% as compared to 44.4% 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 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 Kei Industries has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 5.7% up on a 140.3% 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.


Daily Flag Name PctChg (%) VolChg (%) RSLine  EPS Rank
21SMABreak Birlasoft -1.2 -63.4 77 72
Sequent Scientific -1.8 -25.2 54 91
Vinati Organics -2.2 84.1 50 71
21SMASupport Geojit Financial 6.9 18.6 71 83
Vindhya Telelink 3.6 -32 64 88
Gufic Biosciences Lt 5.3 7.8 54 96
India Glycols 4.1 -42.4 72 92
Isgec Heavy Eng 2.7 -6.6 84 80
Ptc India 0.5 -32.1 58 83
Prism Johnson 1.5 -4.3 62 76
Finolex Cables 0.8 -47.6 57 84
Kei Industries 5.7 140.3 59 89
50SMABreak Dcw Ltd. -4.7 -32.9 78 64
Hind. Copper -0.8 -2.2 88 52
Ncc -1.1 -57.8 69 82
50SMASupport Filatex India 4.3 60.4 82 96
Ineos Styrolution 2.4 284.3 68 78
Max Healthcare Institute 151.6 4900 73 60
Sms Pharmaceuticals 5.2 -24.4 58 90
Polycab India 0.8 -35.6 58 87

What do you think? Please email us any questions or comments.

Disclaimer: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It is for educational purposes only.For more information, see our Legal disclosures here.

Related Article

Loading...