Activity Near The Key Moving Averages On 09July2021| Marketsmith India

Posted Date: July 09 2021

Surya Roshni Ltd

 

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 345.9% as compared to 49.2% for the Nifty500. The EPS Rank of 90 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, Surya Roshni Ltd stock closed 1.6% up, reclaiming its 21-day moving average. It closed 0.9% 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.

 

Apl Apollo Tubes

 

Apl Apollo Tubes 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 356.8% as compared to 49.2% for the Nifty500. The EPS Rank of 95 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, Apl Apollo Tubes stock fell -2.6%, undercutting its 21-day moving average. It closed -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.

 

Action Construction

 

Action Construction has been 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 266.2% as compared to 49.2% for the Nifty500. 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, Action Construction 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.

 

Mastek

 

Mastek Li 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 482.2% as compared to 49.2% for the Nifty500. The EPS Rank of 98 is exceptional indicating strong outperformance in earnings growth.

 

Today, Mastek Li stock fell -1.9%, undercutting its 21-day moving average. It closed -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.

 

Polycab India

 

Polycab India has rallied nearly 134.6% as compared to 49.2% 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 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, Polycab India stock fell -1.4%, 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.

 

Poly Medicure Lt

 

Poly Medicure Lt has rallied nearly 176.4% as compared to 49.2% 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 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 closed 2.6% 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.

 

Va Tech Wabag

 

Va Tech Wabag has rallied nearly 220.6% as compared to 49.2% 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 69 is fair, but needs improvement.

 

Today, Va Tech Wabag stock closed 3.3% up, reclaiming its 21-day moving average. It closed 2.4% 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.

 

Confidence Petroleum

 

Confidence Petroleum has rallied nearly 202.2% as compared to 49.2% 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 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, Confidence Petroleum stock closed 1.2% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.1% 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.

 

Minda Industries

 

Minda Industries has rallied nearly 107.9% as compared to 49.2% for the Nifty500, in the last twelve months. It has a Relative Strength Rating of 60 which is a respectable rating, but needs improvement. 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, Minda Industries stock closed 3.7% up, reclaiming its 21-day moving average. It closed 1.6% 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.

 

 Chambal Fert.& Chems

 

 Chambal Fert.& Chems has rallied nearly 90.7% as compared to 49.2% 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 Fert.& Chems   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.

 

Hindalco Industries

 

Hindalco Industries has rallied nearly 134% as compared to 49.2% 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 92 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, Hindalco Indus. stock closed 1.8% 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.

 

Marksans Pharma

 

Marksans Pharma has rallied nearly 157.3% as compared to 49.2% 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 96 is exceptional indicating strong outperformance in earnings growth.

 

Today, Marksans Pharma stock closed 2.1% up, reclaiming its 21-day moving average. It closed 0.8% 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.

 

Sunflag Iron & Steel

 

Sunflag Iron has rallied nearly 96.7% as compared to 49.2% 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 88 is exceptional indicating outperformance in earnings growth.

 

Today, Sunflag Iron stock closed 4% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 2.2% 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.

 

Elgi Equipments

 

Elgi Equipments has rallied nearly 163.7% as compared to 49.2% 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 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 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, Elgi Equipments stock closed 0.5% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0.4% 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.

 

Jamna Auto Inds.

 

Jamna Auto Inds. has rallied nearly 166.9% as compared to 49.2% 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 76 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, Jamna Auto Inds. stock fell -0.5%, 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.

 

Vedanta

 

Vedanta has rallied nearly 139.7% as compared to 49.2% 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 58 is poor and needs improvement.

 

Today, Vedanta stock closed 2.6% 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.

 

Basf India Ltd

 

Basf India Ltd has rallied nearly 118.3% as compared to 49.2% 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 55 is poor and needs improvement.

 

Today, Basf India Ltd stock fell -0.7%, 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.

 

Skf India

 

Skf India has rallied nearly 49.7% as compared to 49.2% 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 85 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, Skf India stock fell -1.5%, undercutting its 21-day moving average. It closed -0.7% 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.

 

Kajaria Ceramics

 

Kajaria Ceramics has rallied nearly 153% as compared to 49.2% 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 87 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, Kajaria Ceramics stock closed 1.2% up, reclaiming its 21-day moving average. It closed 1.1% 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.

 

Wipro Ltd

 

Wipro Ltd has rallied nearly 139.1% as compared to 49.2% 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 83 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, Wipro Ltd stock fell -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.

 
Name Pct Chg (%) Vol Pct Chg (%)
Surya Roshni Ltd 1.6 -48.4
Apl Apollo Tubes -2.6 -68.3
Action Construction -0.5 -49.6
Mastek Li -1.9 -29.8
Polycab India -1.4 -22.3
Poly Medicure Lt 2.6 -14.5
Va Tech Wabag 3.3 -46
Confidence Petroleum 1.2 -50.5
Minda Industries 3.7 -31.1
Chambal Fertilis 1.8 -55.2
Hindalco Indus. 1.8 -55.8
Marksans Pharma 2.1 -41.1
Sunflag Iron 4 -7.6
Elgi Equipments 0.5 -12.7
Jamna Auto Inds. -0.5 -85.3
Vedanta 2.6 -48.1
Basf India Ltd -0.7 -87.5
Skf India -1.5 -34.4
Kajaria Ceramics 1.2 -46.9
Wipro Ltd -1 -27

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