Marketsmith India Daily Updates: Activity Near The Key Moving Averages

June 25 2021

Kirloskar Ferrous

 

Kirloskar Ferrous 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 234.5% as compared to 52.7% for the Nifty500. The EPS Rank of 96 is exceptional indicating strong outperformance in earnings growth.

 

Today Kirloskar Ferrous has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 3.4% up on a 19.3% 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.

 

Bhansali Engg.

 

Bhansali Engg.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 285.3% as compared to 52.7% 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 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, Bhansali Engg.stock fell -1.5%, undercutting its 21-day moving average. It closed -1.8% 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.

 

Steel Authority of India

 

Steel Authority of India has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 92. In the last twelve months, the stock has soared over 309.8% as compared to 52.7% 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, Steel Authority stock closed 5% up, reclaiming its 21-day moving average. It closed 3.5% 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.

 

Tata Steel

 

Tata Steel 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 243.7% as compared to 52.7% for the Nifty500. The EPS Rank of 87 is exceptional indicating outperformance in earnings growth.

 

Today, Tata Steel stock closed 4.7% up, reclaiming its 21-day moving average. It closed 3.8% 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.

 

Alkyl Amines Chemicals

 

Alkyl Amines Chemicals has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 90. In the last twelve months, the stock has soared over 316.3% as compared to 52.7% for the Nifty500. The EPS Rank of 97 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, Alkyl Amines Chemicals stock closed 1.9% 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.

 

Ineos Styrolution India

 

Ineos Styrolution India has rallied nearly 95.4% as compared to 52.7% 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 80 is exceptional indicating outperformance in earnings growth.

T

oday, Ineos Styrolution stock closed 1.7% 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.

 

Deepak Nitrite

 

Deepak Nitrite 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 245.6% as compared to 52.7% for the Nifty500. The EPS Rank of 95 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, Deepak Nitrite stock closed 2.4% up, reclaiming its 50-day moving average after a brief pullback in the recent trading sessions. It closed 1.4% 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.

 

Poly Medicure 

 

Poly Medicure has rallied nearly 218.2% as compared to 52.7% 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 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 3.4% 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.

 

Filatex India

 

Filatex India has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 92. In the last twelve months, the stock has soared over 290.5% as compared to 52.7% for the Nifty500. The EPS Rank of 97 is exceptional indicating strong outperformance in earnings growth.

 

Today, Filatex 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.

 

Visaka Indus.

 

Visaka Indus. has rallied nearly 176.4% as compared to 52.7% 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 99 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, Visaka Indus. stock fell -1.2%, undercutting its 21-day moving average. It closed -0.9% 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.

 

Balaji Amines Limited

 

Balaji Amines Limited has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 94. In the last twelve months, the stock has soared over 384.2% as compared to 52.7% 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, Balaji Amines Limited stock closed 6% up, reclaiming its 21-day moving average. It closed 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.

 

Century Plyboards

 

Century Plyboards 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 244.1% as compared to 52.7% for the Nifty500. The EPS Rank of 84 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, Century Plyboards stock fell -0.9%, 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.

 

Intellect Design Arena

 

Intellect Design has been a roaring outperformer as compared to the broader market. It has a top-notch Relative Strength Rating of 95. In the last twelve months, the stock has soared over 565.8% as compared to 52.7% 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, Intellect Design stock closed 1.8% 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.

 

Tata Coffee Ltd.

 

Tata Coffee Ltd. has rallied nearly 106.8% as compared to 52.7% 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 82 is exceptional indicating outperformance in earnings growth.

Today, Tata Coffee Ltd. stock closed 3.2% up, reclaiming its 21-day moving average. It closed 0.1% 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.

 

Dalmia Bharat 

 

Dalmia Bharat  has rallied nearly 157.3% as compared to 52.7% 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 99 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 Dalmia Bharat L has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 2.4% up on a 1.1% 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.

 

Kalpataru Power

 

Kalpataru Power has rallied nearly 95.9% as compared to 52.7% 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 99 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, Kalpataru Power stock fell -2.7%, 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.

 

Sunflag Iron

 

Sunflag Iron has rallied nearly 108.7% as compared to 52.7% 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 88 is exceptional indicating outperformance in earnings growth.

 

Today Sunflag Iron has reclaimed the 21-day moving average after a brief pullback in the recent trading sessions. The stock closed 3.2% up on a 24.1% 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.

 

Tin Plate Co of India

 

Tin Plate Co of India  has rallied nearly 71.3% as compared to 52.7% 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 81 is exceptional indicating outperformance in earnings growth.

Today, Tin Plate Co. stock closed 2.8% 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.

 

Elgi Equipments

 

Elgi Equipments has rallied nearly 175.3% as compared to 52.7% 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 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 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 1.4% 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.

 

Phillips Carbon

 

Phillips Carbon has rallied nearly 138.9% as compared to 52.7% 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.

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, Phillips Carbon stock fell -0.9%, 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.


Name Pct Chg  (%) Vol Pct Chg (%)
Kirloskar Ferrou 3.4 19.3
Bhansali Engg.Po -1.5 -31.9
Steel Authority 5 -1.9
Tata Steel 4.7 -15.8
Alkyl Amines Che 1.9 -52.4
Ineos Styrolution 1.7 -81
Deepak Nitrite 2.4 -14.7
Poly Medicure Lt 3.4 -0.2
Filatex India -0.8 -87.3
Visaka Indus. -1.2 -83.5
Balaji Amines Li 6 -42.3
Century Plyboards -0.9 -76.7
Intellect Design 1.8 -65.1
Tata Coffee Ltd. 3.2 -63.4
Dalmia Bharat L 2.4 1.1
Kalpataru Power -2.7 -16.6
Sunflag Iron 3.2 24.1
Tin Plate Co. 2.8 -64
Elgi Equipments 1.4 -31.1
Phillips Carbon -0.9 -57.2

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