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Activity Near The Key Moving Averages, 8th Sept 2021 | MarketSmith India

September 08 2021 | Reading Time: 13 Minutes
Hikal Ltd.
 
Stock has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 93. In the last twelve months, the stock has soared over 309.1% as compared to 52.3% for the Nifty500. The EPS Rank of 95 is exceptional indicating strong outperformance in earnings growth.
 
Today, Hikal Ltd. stock closed 0.8% 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.
 
R Systems Internat.
 
R Systems Internat. has rallied nearly 88.4% as compared to 52.3% 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 91 is exceptional indicating strong outperformance in earnings growth.
 
The stock has strong institutional support. The Accumulation/Distribution Rating of A represents heavy institutional buying over the past 13 weeks. Although the number of institutions holding the stock dropped in the last quarter, the number of shares held by the institutions increased at the same time.
 
Today, R Systems Internat. stock closed 1.2% 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.
 
Garware Tech. Fibres
 
Garware Tech. Fibres has rallied nearly 72.3% as compared to 52.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 53 which is a respectable rating, but needs improvement. 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 Garware Tech. Fibres has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 4.8% up on a 24.1% 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.
 
Technocraft Industri
 
Technocraft Industri 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 117.9% as compared to 52.3% for the Nifty500. The EPS Rank of 90 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, Technocraft Industri stock closed 3.3% up, reclaiming its 21-day moving average. It closed 2.5% 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.
 
Thirumalai Chem.
 
Thirumalai Chem. has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 81. In the last twelve months, the stock has rallied over 186.8% as compared to 52.3% for the Nifty500. The EPS Rank of 73 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, Thirumalai Chem. stock closed 5% up, reclaiming its 21-day moving average. It closed 3.3% 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.
 
Cosmo Films
 
Cosmo Films has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 89. In the last twelve months, the stock has rallied over 231.3% as compared to 52.3% for the Nifty500. The EPS Rank of 93 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, Cosmo Films stock closed 1.8% up, reclaiming its 21-day moving average. It closed 0.3% 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 136.5% as compared to 52.3% 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 77 is fair, but needs improvement.
 
Today, Vedanta stock fell -4%, undercutting its 21-day moving average. It closed -1.1% below the 21-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.
 
Gufic Biosciences Lt
 
Gufic Biosciences Lt has rallied nearly 122.4% as compared to 52.3% 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 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 Gufic Biosciences Lt has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 10.6% up on a 120.6% 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.
 
Phillips Carbon
 
Phillips Carbon has rallied nearly 104.5% as compared to 52.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 53 which is a respectable rating, but needs improvement. The EPS Rank of 98 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, Phillips Carbon stock closed 0.5% 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.
 
Jk Paper Ltd.
 
Jk Paper 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 159.8% as compared to 52.3% 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 Jk Paper Ltd. has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 5.1% up on a 45.3% 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.
 
Alkyl Amines Che
 
Alkyl Amines Che 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 219% as compared to 52.3% for the Nifty500. The EPS Rank of 96 is exceptional indicating strong outperformance in earnings growth.
 
The stock has an Accumulation/Distribution Rating of B-. This represents heavy institutional buying over the past 13 weeks. The number of institutional sponsors and shares held by the sponsors, both increased in the most recent quarters.
 
Today, Alkyl Amines Che stock sliced through the 50-day moving average line. The stock closed -0.9% up on a 6.5% 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.
 
Savita Oil Tech
 
Savita Oil Tech has rallied nearly 129.8% as compared to 52.3% 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 99 is exceptional indicating strong outperformance in earnings growth.
 
The stock has strong institutional support. The Accumulation/Distribution Rating of B+ represents heavy institutional buying over the past 13 weeks. Although the shares held by institutions dropped in the last quarter, the number of institutions holding the stock increased at the same time. This shows increasing interest among the institutions.
 
Today, Savita Oil Tech stock closed 1.8% up, reclaiming its 21-day moving average. It closed 0.4% above the 21-day moving average. However, the volume for the day remained below its 50-day average. You would like to see the stock stage a quick supporting rally or at least taking support near this area. At this point, you may want to keep an eye on the stock for further supporting actions.
 
Filatex India
 
Filatex India has rallied nearly 200.9% as compared to 52.3% 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 96 is exceptional indicating strong outperformance in earnings growth.
 
Today Filatex India has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 12.5% up on a 334.8% 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.
 
Prince Pipes & Fitti
 
Prince Pipes & Fitti has rallied nearly 227.8% as compared to 52.3% 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 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 Prince Pipes & Fitti has reclaimed the 50-day moving average after a brief pullback in the recent trading sessions. The stock closed 4.1% up on a 67.5% 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.
 
Sanghi Industrie
 
Sanghi Industrie has rallied nearly 159.1% as compared to 52.3% 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.
 
Today, Sanghi Industrie stock closed 0.6% up, reclaiming its 21-day moving average. It closed 0.7% 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.
 
Birlasoft
 
Birlasoft has rallied nearly 147.6% as compared to 52.3% 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 71 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 -2.8%, 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.
 
Morepen Labs.Lt
 
Morepen Labs.Lt has rallied nearly 119.7% as compared to 52.3% 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 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, Morepen Labs.Lt stock closed 2% up, reclaiming its 21-day moving average. It closed 2.2% 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 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 168.4% as compared to 52.3% for the Nifty500. 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, Dcm Shriram stock fell -0.3%, undercutting its 50-day moving average. It closed -0.2% below the 50-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.
 
Jindal St & Pwr
 
Jindal St & Pwr has rallied nearly 98.1% as compared to 52.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 56 which is a respectable rating, but needs improvement. 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, Jindal St & Pwr stock fell -1.1%, undercutting its 50-day moving average. It closed -1% below the 50-day moving average. However, the volume for the day remained below its 50-day average. A close below the line on a lighter volume is okay, but staying there is not. You would like to see the stock stage a quick reversal or at least taking support near this area. At this point, you may want to watch the stock carefully for further weakness.
 
Guj. Amb.Exports
 
Guj. Amb.Exports has rallied nearly 74.2% as compared to 52.3% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 51 which is a respectable rating, but needs improvement. The EPS Rank of 95 is exceptional indicating strong outperformance in earnings growth.
 
Today, Guj. Amb.Exports stock closed 0.1% up, reclaiming its 21-day moving average. It closed 0.3% 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.
 
DailyFlag Name Price % Chg Vol % Chg RS Line EPS Rank
21SMABreak Vedanta -4 -18.3 74 77
21SMASupport
Hikal Ltd. 0.8 -41.3 93 95
R Systems Internat. 1.2 -70.8 71 91
Technocraft Industri 3.3 -63.5 83 90
Thirumalai Chem. 5 -17.8 81 73
Cosmo Films 1.8 -38.4 89 93
Phillips Carbon 0.5 -80.5 53 98
Jk Paper Ltd. 5.1 45.3 81 94
Savita Oil Tech 1.8 -71.5 73 99
Filatex India 12.5 334.8 72 96
Sanghi Industrie 0.6 -83 76 77
Morepen Labs.Lt 2 -74.7 59 95
Guj. Amb.Exports 0.1 -75.1 51 95
50SMABreak
Alkyl Amines Che -0.9 6.5 83 96
Birlasoft -2.8 -20.4 73 71
Dcm Shriram -0.3 -83.7 80 83
Jindal St & Pwr -1.1 -38.5 56 84
50SMASupport
Garware Tech. Fibres 4.8 24.1 53 93
Gufic Biosciences Lt 10.6 120.6 64 96
Prince Pipes & Fitti 4.1 67.5 79 97

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