Activity Near The Key Moving Averages On 13July2021| Marketsmith India

Posted Date: July 13 2021

Jsw Steel

 

Stock has rallied nearly 235.9% as compared to 46% 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 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 0.9% 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.

 

Action Construction Equ

 

Action Construction Equ  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 265.5% as compared to 46% 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 has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 3.1% up on a 0.4% 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.

 

Usha Martin Ltd.

 

Usha Martin Ltd. has rallied nearly 202.2% as compared to 46% 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 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, Usha Martin Ltd. stock fell -2.8%, undercutting its 21-day moving average. It closed -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.

 

Shakti Pumps India

 

Shakti Pumps India  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 350.2% as compared to 46% for the Nifty500. The EPS Rank of 65 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 Shakti Pumps India  has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 8.1% up on a 63.7% 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.

 

Century Plyboards

 

Century Plyboards has rallied nearly 209.2% as compared to 46% 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 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 Century Plyboards has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 5.4% up on a 178.8% 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.

 

Ineos Styrolution

 

Ineos Styrolution has rallied nearly 77.6% as compared to 46% 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 79 is fair, but needs improvement.

 

Today, Ineos Styrolution stock fell -1.4%, 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.

 

Balrampur Chini

 

Balrampur Chini has rallied nearly 177.3% as compared to 46% 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 54 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, Balrampur Chini stock closed 1.7% up, reclaiming its 21-day moving average. It closed 1.5% 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.

 

Jk Tyre & Industries

 

Jk Tyre & Industries has rallied nearly 120.6% as compared to 46% 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 75 is fair, but needs improvement.

 

Today Jk Tyre & Industries has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 3.2% up on a 72.9% 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.

 

Sunflag Iron & steel

 

 Sunflag Iron & Steel Iron has rallied nearly 105.5% as compared to 46% 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 88 is exceptional indicating outperformance in earnings growth.

 

Today, Sunflag Iron & steel Iron stock closed 0.1% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 0% 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.

 

Care Ratings

 

Care Ratings has rallied nearly 70% as compared to 46% 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 55 is poor and needs improvement.

 

Today, Care Ratings stock fell -0.5%, 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.

 

Mayur Uniquoters

 

Mayur Uniquoters has rallied nearly 125.2% as compared to 46% 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 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 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, Mayur Uniquoters stock fell -1.2%, 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.

 

Adf Foods Ltd.

 

Adf Foods Ltd. has rallied nearly 224.5% as compared to 46% 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 93 is exceptional indicating strong outperformance in earnings growth.

 

Today, Adf Foods Ltd. stock sliced through the 21-day moving average line. The stock closed -6.1% up on a 11.1% 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.

 

Jindal St & Pwr

 

Jindal St & Pwr has rallied nearly 122.3% as compared to 46% 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 79 is fair, but needs improvement.

 

Institutional sponsorship looks good for the stock, 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, Jindal St & Pwr stock closed 0.6% 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.

 

Vaibhav Global

 

Vaibhav Global has rallied nearly 204.1% as compared to 46% 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 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, Vaibhav Global stock closed 0.6% 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.

 

Minda Corporation

 

Minda Corporation has rallied nearly 80.7% as compared to 46% 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 65 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 Minda Corporation has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 8.7% up on a 210.9% 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.

 

Prakash Indus.

 

Prakash Indus. has rallied nearly 140.7% as compared to 46% 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 70 is fair, but needs improvement.

 

Today, Prakash Indus. stock fell -2.3%, undercutting its 50-day moving average. It closed -1.9% 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.

 

Aegis Logistics Ltd.

 

Aegis Logistics Ltd. has rallied nearly 100.3% as compared to 46% 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 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, Aegis Logistics Ltd. stock sliced through the 50-day moving average line. The stock closed -5.4% up on a 325.9% 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.

 

Adani Ports and Special Economic Zone

 

 Adani Ports and Special Economic Zone has rallied nearly 129.4% as compared to 46% 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 88 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,  Adani Ports and Special Economic Zone  fell -1.9%, 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.

 

Abb India

 

Abb India has rallied nearly 89.2% as compared to 46% 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 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 Abb India has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 4.5% 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.

 
Daily Flag Name Pct Chg (%) Vol Pct Chg(%) RS Rank ESP Rank
21SMABreak
Usha Martin Ltd. -2.8 -36.7 77 86
Ineos Styrolution -1.4 -68.4 68 79
Care Ratings -0.5 -57.6 64 55
Mayur Uniquoters -1.2 -59.3 66 76
Adf Foods Ltd. -6.1 11.1 70 93
Adani Ports & Speci -1.9 -40.5 53 88
21SMASupport
Action Construction 3.1 0.4 84 97
Shakti Pumps (In 8.1 63.7 89 65
Century Plyboards 5.4 178.8 76 84
Balrampur Chini 1.7 -27.7 76 54
Jk Tyre & Industries 3.2 72.9 70 75
Jindal St & Pwr -0.7 38.4 55 79
Vaibhav Global 0.6 -51.6 57 96
Minda Corporation 8.7 210.9 55 65
Abb India 4.5 7.8 57 71
50SMABreak
Prakash Indus. -2.3 -33.5 59 70
Aegis Logistics Ltd. -5.4 325.9 54 78
50SMASupport
Jsw Steel 0.9 -35.9 77 96
Sunflag Iron 0.1 -66 55 88
Max Healthcare Institute 131.8 4900 71 60

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