Activity Near The Key Moving Averages As of 16th July 2021| Marketsmith India

July 16 2021

Steel Authority of India

 Stock 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 256.4% as compared to 47.8% for the Nifty500. 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, Steel Authority stock closed 0.9% 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.

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 88. In the last twelve months, the stock has rallied over 252% as compared to 47.8% for the Nifty500. The EPS Rank of 82 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 stock fell -2.2%, undercutting its 21-day moving average. It closed -1.2% 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.

Jsw Steel

Jsw Steel has rallied nearly 238.1% as compared to 47.8% 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 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, Jsw Steel stock closed 0.4% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.5% 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.

Poly Medicure

Poly Medicure has rallied nearly 154.2% as compared to 47.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 63 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 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, Poly Medicure Lt stock fell -0.6%, 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.

Garware Tech. Fibres

Garware Tech. Fibres has rallied nearly 123.9% as compared to 47.8% 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 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, Garware Tech. Fibres stock fell -1.9%, 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.

Linde India

Linde India has rallied nearly 154.6% as compared to 47.8% 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 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, Linde India stock fell -3.1%, undercutting its 50-day moving average. It closed -1.1% 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.

Hil

Hil 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 235.3% as compared to 47.8% for the Nifty500. 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, Hil stock closed 2.8% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.03% 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.

Elecon Engineering 

.Elecon Engineering  has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 96. In the last twelve months, the stock has soared over 418.5% as compared to 47.8% for the Nifty500. The EPS Rank of 78 is fair, but needs improvement.

Today Elecon Engg. has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 7% up on a 96.2% 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.

Nmdc Ltd.

Nmdc Ltd. has rallied nearly 100.2% as compared to 47.8% 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.

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 Nmdc Ltd. has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 3.3% up on a 81.7% 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.

Venky's (India) Ltd.

Venky's (India) Ltd. has been an outperforming stock as compared to the broader market. It has a strong Relative Strength Rating of 87. In the last twelve months, the stock has rallied over 237% as compared to 47.8% for the Nifty500. 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, Venky's (India) Ltd. stock fell -1.4%, undercutting its 21-day moving average. It closed 0% 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.

Radico Khaitan Ltd.

Radico Khaitan Ltd. has rallied nearly 93.7% as compared to 47.8% 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.

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 Ltd. stock closed 4.5% up, reclaiming its 21-day moving average. It closed 2.7% 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.

Finolex Industries

Finolex Industries has rallied nearly 94.1% as compared to 47.8% 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 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, Finolex Industries  stock fell -0.5%, undercutting its 21-day moving average. It closed -0.2% 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.

Chambal Fert.&Chems

 Chambal Fert.&Chems has rallied nearly 99.5% as compared to 47.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 55 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 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, Chambal Fertilizer stock fell -1.5%, 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.

Sms Pharmaceuticals

Sms Pharmaceuticals has rallied nearly 148.8% as compared to 47.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 63 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 Sms Pharmaceuticals has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 3.9% up on a 72.5% 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.

Ptc India

Ptc India has rallied nearly 105.5% as compared to 47.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 63 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 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 0.4% 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.

Insecticides (India)

Insecticides (India) have rallied nearly 72.6% as compared to 47.8% 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 80 is exceptional indicating outperformance in earnings growth.

Today, Insecticides (India) stock fell -0.8%, 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.

Man Infraconstruction

Man Infraconstruction has rallied nearly 222.4% as compared to 47.8% 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 75 is fair, but needs improvement.

Today Man Infraconstruction has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 5.8% up on a 175.8% 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.

Thyrocare Technologies 

.Thyrocare Technologies  has rallied nearly 123.2% as compared to 47.8% 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 91 is exceptional indicating strong outperformance in earnings growth.

Today, Thyrocare Technologies  stock fell -1.5%, undercutting its 21-day moving average. It closed -1.3% 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.

Vedanta

Vedanta has rallied nearly 146.9% as compared to 47.8% 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 57 is poor and needs improvement.

Today, Vedanta stock closed 1.1% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.7% 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.

Marksans Pharma

Marksans Pharma has rallied nearly 129.6% as compared to 47.8% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 65 which is a respectable rating, but needs improvement. The EPS Rank of 95 is exceptional indicating strong outperformance in earnings growth.

Today, Marksans Pharma stock closed 2.1% 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.

 
Daily Flag Name Pct Chg (%) Vol Pct Chg(%) RS Rank ESP Rank

21SMABreak
Triveni Eng.&Ind.Ltd -2.2 -64.7 88 82
Poly Medicure Lt -0.6 -84.5 63 94
Garware Tech. Fibres -1.9 -32.5 58 93
Venky's (India) Ltd. -1.4 -91.4 87 66
Finolex Industris -0.5 -54.7 51 96
Chambal Fert.&Chems -1.5 -50.3 55 95
Insecticides (India) -0.8 -86.5 59 80
Thyrocare Tech. -1.5 -63.2 50 91
21SMASupport
Steel Authority 0.9 -51.2 86 93
Elecon Engg. 7 96.2 96 78
Nmdc Ltd. 3.3 81.7 58 96
Radico Khaitan Ltd. 4.5 -20.2 61 97
Sms Pharmaceuticals 3.9 72.5 63 91
Ptc India 0.4 -60.7 63 84
Man Infraconstruction 5.8 175.8 76 75
Marksans Pharma 2.1 -37.2 65 95
50SMABreak Linde India -3.1 -9.3 61 92
50SMASupport
Jsw Steel 0.4 -64.3 74 96
Hil 2.8 -55.6 82 99
Vedanta 1.1 -67.7 70 57
 
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