Sunday, January 6, 2008

Weekly Technical Analysis of the Indian Stock Market


Most Active Stocks

The 20 most active stocks traded in terms of value of shares traded and their weekly % change.

Security Name Close % Change
RELIANCE ENERGY 2514.35 16.49
RELIANCE NATURAL RESOURCES 208.85 17.33
RELIANCE INDS 2993.00 3.39
RELIANCE PETROLEUM 244.75 9.85
IFCI LTD 91.60 11.98
JAIPRAKASH ASSOC 485.60 14.60
ESSAR OIL 330.80 3.10
RELIANCE CAPITAL 2762.60 5.64
NTPC 271.45 12.44
ONGC CORPN 1343.10 9.58
ITC LTD 219.35 6.19
ICICI BANK 1286.30 4.85
ISPAT INDS 77.25 -4.34
RELIANCE COMMUNICATIONS 760.65 3.63
BHARTI AIRTEL 948.35 0.73
AD LABS FILMS 1853.30 30.95
LARSEN & TOUBRO 4248.85 2.24
STEEL AUTHORITY 274.60 -1.95
JINDAL STEEL POW 16490.85 8.40
GMR INFRASTRUCTURE 252.60 1.34
 


Biggest Weekly % Gainers

The following list shows the stocks (over Rs.10/share) that had the biggest gains over last week. Gains are measured on a percentage basis. For example, a stock moving from 20 to 25 had a 5 point or 25% gain. Often stocks appearing on this list had some type of positive news ( e.g., big earnings report, new product announcement, etc.).

Security Name Close % Change
SKM EGG PRODUCTS 41.45 92.34
NELCO 235.60 51.85
TRICOM (I) 188.90 50.76
HIND MOTOR 86.55 47.07
REGENCY CERAMICS 30.85 44.16
SHR RAYAL HI STR 39.20 44.12
BATLIBOI 128.95 44.08
MEGHMANI ORGANICS 50.90 40.41
ATLANTA LTD 463.15 39.84
JINDAL DRILLING 1808.40 39.25
SEL MANUFACTURING CO 159.80 38.78
STI (I) 31.20 38.67
UCO BANK 80.40 38.62
ALLIED DIGITAL SERVICES 1023.15 37.93
OMNITECH INFOSOLUTIONS 210.05 37.06
SUPER SPG 32.60 36.12
HMT LTD 148.80 33.81
PIONEER EMBROIDERIES 289.00 33.15
GAMMON (I) 777.05 32.83
GUJ INDSTL POWER 178.15 32.65
TORRENT POWER 250.80 32.00
CAROL INFO SERV. 115.65 31.79
BOMBAY DYEING 982.80 31.47
PEARL POLYMERS 35.00 31.09
AD LABS FILMS 1853.30 30.96
CITY UNION BANK 476.30 30.73
ADVANTA (I) 1561.40 30.49
VENKYS (I) 254.25 30.28
LLOYDS FINANCE 10.65 29.88
SELAN EXPLORATION TECHNOLOGY 238.65 29.88
PUNJAB TRACTORS 353.75 29.44
MAARS SOFTWARE 10.90 28.99
AXIS-IT&T 21.20 28.88
PARAMOUNT COMMUNICATIONS 54.50 28.84
STEEL TUBES 13.85 28.84
JCT ELEC 13.05 28.57
DCM FINANCIAL 17.35 28.52
USHA MARTIN INFOTECH 14.65 28.51
SHR RAMA MULTITECH 14.65 28.51
SANGHI POLYESTER 14.20 28.51
BPL ENGG 12.85 28.50
PAREKH PLATINIUM 19.85 28.48
JIK INDS 18.05 28.47
MELSTAR INFORMATION 19.65 28.43
ASHIMA LTD 19.90 28.39
JENSON & NIC (I) 23.75 28.38
CANARA BANK 399.05 28.29
NOVA PETROCHEMICALS 32.30 28.17
NRC LTD 41.20 28.15
K SERA SERA PRODUCTIONS 50.10 28.13
NUCHEM LTD 32.80 28.13
SAL STEEL 31.90 28.11
NEOCURE THERAPEU 28.95 28.10
HOTEL RUGBY 33.30 28.08
TN TELECOM 23.95 28.07
SOUTH ASIAN PETROCHEM 38.10 28.07
 


Biggest Weekly % Losers

The following list shows the stocks (over Rs.10/share) that had the biggest losses over last week. Losses are measured on a percentage basis. For example, a stock moving from 20 to 15 had a 5 point or 25% loss. Often stocks appearing on this list had some type of negative news ( e.g., bad earnings report, lower analyst rating, product delay announcement, etc.).

Security Name Close % Change
XL TELECOM 470.60 -17.75
LG BALAKRISHNAN & BROTHERS 37.65 -13.25
CHESLIND TEXTIL 26.05 -12.88
EUROTEX INDS 50.30 -11.29
ERA CONSTRUCTIONS (I) 810.05 -10.51



Stocks with Bullish Engulfing Patterns.

The following stocks have been trending downward in the short and intermediate terms and have formed a bullish engulfing pattern. The probability of an upward reversal in prices has increased.

Security Name Close
None  


Stocks with Bearish Engulfing Patterns.

The following stocks have been trending upward in the short and intermediate terms and have formed a bearish engulfing pattern. The probability of a downward reversal in prices has increased.

Security Name Close
ACCEL FRONTLINE 123.35
CIPLA LTD 213.65
DCM SHRIRAM CONS 89.90
HEG LTD 525.55
INDIA CEMENTS 296.60
INDRAPRASTHA 54.65
INFOSYS TECHNOLO 1694.90
JAYPEE HOTELS 253.25
K M SUGAR MILLS 31.75
LUPIN LABS 611.85
MADRAS FERT 21.90
PREMIER LTD 192.00
PTL ENTERPRISES 167.45
SHRIRAM TRANS FI 391.40
STANDARD INDS 103.15
VISAKA INDS 103.35
XL TELECOM 470.60


% Volume Change

The following list shows all stocks whose volumes surged by more than 100% this week compared to the previous week. Upward price movement on large volume change is a bullish (positive) sign for the stock if the stock has been flat or trending downward. Downward price movement on large volume change is a bearish (negative) sign for the stock if the stock has been flat or trending upward. Stocks are arranged in descending order of volume change.
 

Security Name Close % Change Volume % Change
NRB BEARING 102.15 10.61 2256199 25165.00
STI (I) 31.20 38.66 7120817 21014.00
BATLIBOI 128.95 44.07 1429473 6265.00
PUNJAB TRACTORS 353.75 29.43 1522460 2273.00
UCO BANK 80.40 38.62 107615584 2108.00
ATUL LTD 113.85 14.13 2030044 1846.00
SKM EGG PRODUCTS 41.45 92.34 2179283 1814.00
LA OPALA RG 57.10 15.35 759156 1655.00
SHR RAYAL HI STR 39.20 44.11 422135 1650.00
BANK OF MAHARASHTRA 92.90 18.04 3521315 1351.00
REGENCY CERAMICS 30.85 44.15 1125769 1331.00
TTK PRESTIGE 223.55 23.78 467618 1261.00
HIND SANITARY 95.60 12.93 935131 1219.00
VENKYS (I) 254.25 30.28 472461 1166.00
UCAL FUEL SYSTE 123.35 20.81 1418004 1120.00
MARICO LTD 79.15 15.71 9294329 1089.00
ATLANTA LTD 463.15 39.83 4191217 1032.00
PEARL POLYMERS 35.00 31.08 975224 987.00
SUBHASH PROJECTS 568.65 23.61 888086 967.00
PIONEER EMBROIDERIES 289.00 33.14 602990 957.00
VIMTA LABS 168.65 18.85 367245 935.00
LUMAX AUTOMOTIVE SYSTEMS 81.85 24.67 637327 893.00
HOUSE OF PEARL FASHIONS 320.35 13.96 1355722 891.00
VENUS REMEDIES 561.90 20.02 96396 864.00
TORRENT POWER 250.80 32.00 7946708 823.00
GIC HOUSING FINA 100.00 22.69 2838826 819.00
JB CHEM & PHARMA 89.30 11.97 6609959 813.00
HERITAGE FOODS 360.40 24.29 169510 809.00
PLETHICO PHARMACEUTICALS 504.65 13.41 333157 801.00
AVAYA GLOBAL CON 355.20 20.83 595276 799.00
CENTURION BANK 69.75 24.77 124742512 780.00
SOUTH INDIA BANK 250.90 17.98 2051736 744.00
TIMKEN INDIA 159.35 14.18 313005 732.00
BINANI INDS 279.75 12.62 668657 709.00
APOLLO HOSPITALS 571.00 12.23 838515 704.00
INDO RAMA SYNTH 72.95 16.62 2538694 696.00
JINDAL DRILLING 1808.40 39.25 100613 678.00
ESAB (I) 527.45 15.22 165456 672.00
CANARA BANK 399.05 28.29 8341768 668.00
APOLLO TYRES 57.95 16.13 50732096 659.00
ANKUR DRUGS & PHARMA 400.00 15.85 302054 649.00
PARAMOUNT COMMUNICATIONS 54.50 28.84 21383600 647.00
ESSEL PROPACK 74.55 16.03 6617206 633.00
SUPER SPG 32.60 36.11 2757239 614.00
MALWA COTTON SPG 92.80 10.60 1109115 602.00
NEOCURE THERAPEU 28.95 28.09 1068663 600.00
ADOR WELDING 302.40 11.56 225214 581.00
TT LTD 33.60 16.46 677976 580.00
HIMATSINGKA SEID 127.65 25.57 3520609 569.00
MOSER BAER (I) 326.60 12.97 4673527 553.00
CITY UNION BANK 476.30 30.72 485565 550.00
SHANTI GEARS 105.95 14.04 1274968 531.00
DISHMAN PHARMA 410.00 19.74 288793 528.00
GENUS OVERSEAS ELECTRONICS 875.60 24.17 373828 527.00
NELCO 235.60 51.85 5373280 527.00
JK PAPER 61.95 13.66 1971549 521.00
ASAHI (I) SAFE 134.05 17.12 873552 519.00
TECHNOCRAFT INDS (I) 93.10 14.44 576634 517.00
IFB INDS 93.50 17.31 394856 513.00
ALLAHABAD BANK 135.05 15.13 11686666 502.00
UNIPLY INDS 48.55 13.03 1191015 502.00
FDC LTD 47.40 10.87 14213406 496.00
BLUE BIRD (I) 86.70 14.60 4371447 493.00
MAHANAGAR TELEPH 208.05 14.69 39527276 489.00
HILTON METAL FORGING 64.90 24.92 1906028 478.00
EIH LTD 234.20 27.49 5987503 468.00
KARUR VYSYA BANK 479.40 17.21 346662 467.00
ANDHRA BANK 124.55 18.00 14604679 466.00
GANESH HOUSING F 742.60 14.41 515352 461.00
BLB LTD 77.75 17.44 431685 454.00
NRC LTD 41.20 28.14 550093 454.00
HIND DORR-OLIVER 185.25 10.72 596135 451.00
MRO-TEK LTD 120.10 24.00 2851201 447.00
OMNITECH INFOSOLUTIONS 210.05 37.06 2588373 444.00
BHARAT GEARS 84.45 16.24 362135 443.00
INDOCO REMEDIES 340.75 12.36 182149 441.00
NAVIN FLUORINE INTL 449.55 15.35 96136 441.00
NAVNEET PUBLICAT 144.90 17.09 1152295 425.00
NOCIL LTD 65.30 15.78 7739875 425.00
MEDIA VIDEO 68.35 19.91 941876 415.00
AMD METPLAST 74.00 18.68 3220717 414.00
PHOENIX LAMPS 239.85 16.97 218666 411.00

 

New Intermediate Uptrend

Prices of stocks (and other entities) rise and fall due to changes in the supply and demand relationships between buyers and sellers of the stock. The causes of the changing supply and demand relationships are many, but the effect of these changes shows up in the changing stock prices.

The following list shows all stocks & indices beginning a new intermediate uptrend. A new intermediate uptrend normally begins with an upside breakout when demand outstrips supply after a series of falling tops and bottoms.

Security Name Close
ADOR WELDING 302.40
ASAHI (I) SAFE 134.05
ASIAN ELECTRONIC 550.30
ASTRA MICROWAVE PRODUCTS 157.70
AVAYA GLOBAL CON 355.20
BARTRONICS (I) 265.55
COLGATE PALMOLIV 457.80
CREW BOS PRODUCTS 139.40
ESSEL PROPACK 74.55
GABRIEL (I) 33.70
HELIOS MATHINFTECH 134.55
HIMATSINGKA SEID 127.65
LUMAX AUTOMOTIVE SYSTEMS 81.85
MACMILLAN (I) 262.15
MAHA SEAMLESS 639.20
MAN INDS (I) 167.40
MERCATOR LINES 162.25
MOSER BAER (I) 326.60
OIL COUNTRY TUBU 111.10
PRITHVI INFORMATION SOLUTIONS 317.70
SURYALAKSHMI COT 62.65
TATA COFFEE 311.90
TORRENT PHARMA 206.25
TRIGYN TECHNOLOG 35.35
VIMTA LABS 168.65
VISESH INFOTECNI 39.65


New Intermediate Downtrend

Prices of stocks (and other entities) rise and fall due to changes in the supply and demand relationships between buyers and sellers of the stock. The causes of the changing supply and demand relationships are many, but the effect of these changes shows up in the changing stock prices.

The following list shows all stocks beginning a new intermediate downtrend. A new intermediate downtrend normally begins with a breakdown when supply soaks up all demand after a series of rising tops and bottoms.

Security Name Close
None  

 

No comments:

Google

Live Market Report - from Sify

LATEST NEWS from Sify

LATEST NEWS from NDTV