Weekly Technical Analysis of the Indian Stock &
Share Market
Market Gems sifts through thousands of stocks on the
NSE using sophisticated technical scanning programs to
quickly find stocks with the best potential for
profitable moves.
Note: To avoid misleading signals that are often
generated by thinly traded stocks, all of the predefined
scans only consider stocks that have averaged more than
40,000 shares traded per day for the last 20 days.
Weekly Technical Analysis of the Indian Stock &
Share Market
Last updated on
Most Active Stocks
The 20 most active stocks traded in terms of value of
shares traded and their weekly % change.
| Security Name |
Close |
% Change |
| STATE BANK |
1912.45 |
-7.01 |
| TATA STEEL |
558.95 |
-1.79 |
| RELIANCE INDS |
993.75 |
-5.02 |
| ICICI BANK |
801.30 |
-3.50 |
| UNITECH |
70.85 |
-4.65 |
| LARSEN & TOUBRO |
1429.90 |
0.42 |
| INFOSYS TECHNOLO |
2379.45 |
-3.89 |
| DLF |
314.55 |
-5.73 |
| HOUSING DEV & INFRA |
309.65 |
-6.34 |
| TATA MOTORS |
680.20 |
-2.04 |
| ABAN OFFSHORE |
1148.05 |
-4.74 |
| STERLITE INDS (I) |
749.45 |
-0.49 |
| AXIS BANK |
1030.75 |
0.49 |
| JSW STEEL |
985.25 |
-0.03 |
| HDFC LTD |
2396.60 |
0.53 |
| SUZLON ENERGY |
73.25 |
-5.18 |
| HINDALCO INDS |
141.25 |
-4.14 |
| RELIANCE CAPITAL |
765.45 |
-4.92 |
| JINDAL STEEL POW |
615.80 |
-1.94 |
| JAIPRAKASH ASSOC |
128.00 |
-7.12 |
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 |
| SHREE ASHTAVINAYAK CINE VISION |
25.00 |
54.32 |
| FAME (I) |
53.55 |
34.04 |
| SPICE MOBILES |
46.00 |
33.53 |
| PVP VENTURES |
28.60 |
31.80 |
| SURYALAKSHMI COT |
62.50 |
27.68 |
| QUINTEGRA SOLUTI |
14.30 |
27.68 |
| KRBL LTD |
244.15 |
25.72 |
| KPR MILLS |
111.55 |
22.38 |
| RESURGERE MINES & MINERALS (I) |
103.80 |
21.05 |
| SURANA INDS |
193.05 |
19.98 |
| INDRAPRASTHA GAS |
235.25 |
18.81 |
| HONDA SIEL POWER |
346.65 |
18.76 |
| DECOLIGHT CERAMICS |
12.55 |
18.40 |
| BALKRISHNA INDS |
614.45 |
18.08 |
| MVL INDS |
26.85 |
17.76 |
| UNITED BREWERIES |
174.50 |
17.31 |
| UNIPLY INDS |
11.70 |
17.00 |
| VISHAL RETAIL |
65.70 |
16.70 |
| TIL |
348.10 |
16.38 |
| SUPREME PETROCHE |
36.00 |
15.57 |
| IGARSHI MOTORS |
48.45 |
15.49 |
| P&G HYGIENE & HEALTH CARE |
1837.05 |
15.28 |
| AHMEDNAGAR FORGI |
94.20 |
14.60 |
| SPICE COMMUNICATIONS |
63.55 |
14.50 |
| LT FOODS |
63.65 |
14.38 |
| HITACHI HOME |
167.00 |
13.76 |
| KIRI DYES & CHEMICALS |
799.15 |
13.61 |
| GUJ GAS CO |
265.35 |
13.13 |
| TITAN INDS |
1697.25 |
13.08 |
| PRAKASH INDS |
214.00 |
12.81 |
| CERA SANITARYWARE |
229.30 |
12.68 |
| ENERGY DEVELOPMENT CO |
67.85 |
12.43 |
| AVAYA GLOBAL CON |
224.50 |
12.00 |
| KITPLY INDS |
10.35 |
11.89 |
| SABERO ORGANICS |
72.05 |
11.62 |
| SUPRAJIT ENGINEERING |
156.75 |
11.33 |
| MAGMA FINCORP |
221.50 |
11.31 |
| DWARIKESH SUGAR INDS |
107.90 |
11.29 |
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 |
| JINDAL PHOTO |
155.60 |
-17.87 |
| SIMPLEX INFRASTR |
422.30 |
-17.34 |
| ABHISHEK MILLS |
15.65 |
-16.98 |
| ROMAN TARMAT |
45.55 |
-15.65 |
| 20 MICRONS |
45.25 |
-15.58 |
| R S SOFTWARE |
45.05 |
-13.86 |
| RAMA NEWSPRINT |
28.85 |
-13.62 |
| CRANES SOFTWARE INTL |
20.20 |
-13.12 |
| BATLIBOI |
29.25 |
-12.95 |
| ICSA (I) |
141.05 |
-12.36 |
| JAI CORPORATION |
263.05 |
-12.33 |
| BAJAJ HINDUSTAN |
178.65 |
-11.78 |
| CMC LTD |
1096.55 |
-11.74 |
| INFOMEDIA 18 |
32.05 |
-11.71 |
| SAKTHI SUGARS |
71.85 |
-11.57 |
| UPPER GANGES SUG |
76.40 |
-11.27 |
| BL KASHYAP & SONS |
350.80 |
-11.13 |
| BLUE BIRD (I) |
26.50 |
-11.07 |
| NAHAR SPG |
74.05 |
-10.73 |
| SANGAM (I) |
28.75 |
-10.71 |
| SHR RENUKA SUGARS |
182.15 |
-10.67 |
| LAKSHMI VILAS BK |
79.25 |
-10.65 |
| STAR PAPER MILL |
31.50 |
-10.64 |
| HBL POWER SYSTEMS |
33.35 |
-10.59 |
| DONEAR INDS |
30.40 |
-10.59 |
| KARNATAKA BANK |
117.25 |
-10.50 |
| TULSI EXTRUSIONS |
28.15 |
-10.35 |
| ORBIT CORPORATION |
261.95 |
-10.26 |
| CONSOL FINVEST |
67.90 |
-10.24 |
| RANBAXY LABS |
408.05 |
-10.17 |
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 |
| ESSAR OIL |
142.35 |
| GLORY POLYFILMS |
23.95 |
| IVP |
37.85 |
| PVP VENTURES |
28.60 |
| TIL |
348.10 |
| ZYLOG SYSTEMS |
332.65 |
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.
% 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 |
| KPR MILLS |
111.55 |
22.38 |
1533320 |
3592 |
| DECOLIGHT CERAMICS |
12.55 |
18.39 |
4549675 |
3530 |
| QUINTEGRA SOLUTI |
14.30 |
27.67 |
2249008 |
2476 |
| SIMPLEX INFRASTR |
422.30 |
-17.35 |
394407 |
2426 |
| KRBL LTD |
244.15 |
25.72 |
5944317 |
2104 |
| LT FOODS |
63.65 |
14.37 |
3118489 |
1986 |
| TIL |
348.10 |
16.38 |
664481 |
1962 |
| GUJ GAS CO |
265.35 |
13.13 |
1137291 |
1533 |
| HITACHI HOME |
167.00 |
13.76 |
1054462 |
1344 |
| BALKRISHNA INDS |
614.45 |
18.08 |
390926 |
1241 |
| SPICE COMMUNICATIONS |
63.55 |
14.50 |
7171979 |
1140 |
| UNITED BREWERIES |
174.50 |
17.31 |
1562831 |
963 |
| MVL INDS |
26.85 |
17.76 |
324567 |
895 |
| P&G HYGIENE & HEALTH CARE |
1837.05 |
15.28 |
91483 |
877 |
| RESURGERE MINES & MINERALS (I) |
103.80 |
21.04 |
6519440 |
798 |
| TITAN INDS |
1697.25 |
13.08 |
1161543 |
672 |
| PVP VENTURES |
28.60 |
31.79 |
10550288 |
542 |
| TECHNO ELEC & ENG CO |
221.60 |
10.19 |
315305 |
542 |
| FAME (I) |
53.55 |
34.04 |
2505397 |
524 |
| PRAKASH INDS |
214.00 |
12.80 |
5447432 |
499 |
| AVAYA GLOBAL CON |
224.50 |
11.99 |
426562 |
474 |
| GOA CARBON |
117.60 |
10.31 |
3326587 |
463 |
| DWARIKESH SUGAR INDS |
107.90 |
11.29 |
1076822 |
437 |
| KIRI DYES & CHEMICALS |
799.15 |
13.61 |
1326711 |
409 |
| ENERGY DEVELOPMENT CO |
67.85 |
12.42 |
184392 |
372 |
| IGARSHI MOTORS |
48.45 |
15.49 |
99401 |
344 |
| SUPRAJIT ENGINEERING |
156.75 |
11.32 |
185422 |
320 |
| ROMAN TARMAT |
45.55 |
-15.65 |
91950 |
320 |
| SABERO ORGANICS |
72.05 |
11.61 |
3630042 |
312 |
| AHMEDNAGAR FORGI |
94.20 |
14.59 |
2661448 |
311 |
| GLOBUS SPIRITS |
96.10 |
10.84 |
1851416 |
291 |
| BL KASHYAP & SONS |
350.80 |
-11.14 |
394667 |
287 |
| CERA SANITARYWARE |
229.30 |
12.67 |
77083 |
268 |
| SURYALAKSHMI COT |
62.50 |
27.68 |
178831 |
265 |
| 20 MICRONS |
45.25 |
-15.58 |
1157591 |
264 |
| KITPLY INDS |
10.35 |
11.89 |
585410 |
261 |
| SUPREME PETROCHE |
36.00 |
15.56 |
1755960 |
240 |
| INDRAPRASTHA GAS |
235.25 |
18.81 |
3905859 |
230 |
| UNIPLY INDS |
11.70 |
16.99 |
147853 |
215 |
| SHREE ASHTAVINAYAK CINE VISION |
25.00 |
54.32 |
72589712 |
203 |
| ABHISHEK MILLS |
15.65 |
-16.98 |
204519 |
170 |
| SPICE MOBILES |
46.00 |
33.52 |
4383815 |
169 |
| UPPER GANGES SUG |
76.40 |
-11.27 |
95269 |
168 |
| VISHAL RETAIL |
65.70 |
16.69 |
293813 |
165 |
| MAGMA FINCORP |
221.50 |
11.30 |
1103454 |
154 |
| HONDA SIEL POWER |
346.65 |
18.75 |
151379 |
142 |
| SAKTHI SUGARS |
71.85 |
-11.57 |
2686155 |
142 |
| BLUE BIRD (I) |
26.50 |
-11.08 |
702226 |
115 |
| NAHAR SPG |
74.05 |
-10.73 |
114674 |
108 |
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 |
| DABUR (I) |
169.30 |
| MVL INDS |
26.85 |
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 |
| ABAN OFFSHORE |
1148.05 |
| ABHISHEK MILLS |
15.65 |
| ACKRUTI CITY |
485.10 |
| AKSH OPTIFIBRES |
18.50 |
| AMARA RAJA BATTE |
152.75 |
| ASAHI (I) SAFE |
62.55 |
| BAJAJ HINDUSTAN |
178.65 |
| BANK OF INDIA |
340.45 |
| BANNARI AMMAN SPINNING MILLS |
100.00 |
| BHARAT FORGE |
253.85 |
| BL KASHYAP & SONS |
350.80 |
| BPL LTD |
33.50 |
| CLASSIC DIAMONDS |
20.75 |
| DISHMAN PHARMA |
210.05 |
| EASTERN SILK IND |
15.45 |
| EDUCOMP SOLUTIONS |
663.65 |
| EMPEE DISTILLERIES |
120.60 |
| EVERONN SYSTEMS (I) |
385.65 |
| FCS SOFTWARE SOLUTIONS |
13.70 |
| GTN TEXTILES |
12.00 |
| GUJ AMBUJA EXPORTS LTD |
19.85 |
| GVK POWER & INFRASTRUCTURE |
43.30 |
| HIND CONSTRUCTION CO |
129.95 |
| HIND MOTOR |
21.55 |
| HIND ZINC |
1043.10 |
| HOUSE OF PEARL FASHIONS |
76.00 |
| IDFC |
146.35 |
| IND SWIFT LTD |
28.75 |
| INDIA GLYCOLS |
106.75 |
| INFOSYS TECHNOLO |
2379.45 |
| ISPAT INDS |
19.05 |
| JINDAL DRILLING |
516.95 |
| JM FINANCIAL |
38.30 |
| JSL |
101.55 |
| KARNATAKA BANK |
117.25 |
| KOTAK MAHINDRA BANK |
731.00 |
| MAHINDRA & MAHIN |
987.10 |
| MALU PAPER MILLS |
14.75 |
| MAX INDIA |
202.05 |
| MURUDESHWAR CER |
35.00 |
| NCL INDS |
35.00 |
| NTPC |
205.10 |
| PARAMOUNT COMMUNICATIONS |
13.60 |
| PATEL ENGINEERING |
419.45 |
| PBA INFRASTRUCTURE |
62.30 |
| PENINSULA LAND |
72.55 |
| PIRAMAL GLASS |
70.10 |
| PUNJAB NATIONAL BANK |
855.45 |
| RELIANCE COMMUNICATIONS |
165.05 |
| ROMAN TARMAT |
45.55 |
| SEJAL ARCHITECTURAL GLASS |
49.40 |
| SHIVAM AUTOTECH |
84.70 |
| SHRIRAM EPC |
199.90 |
| SIMPLEX INFRASTR |
422.30 |
| SMARTLINK NETWOR |
43.00 |
| SOUTH ASIAN PETROCHEM |
13.15 |
| SOUTH INDIA BANK |
133.85 |
| SREI INFRASTRUCTURE FINANCE |
64.65 |
| SUBEX AZURE |
60.40 |
| TIPS INDUSTRIES |
45.35 |
| TODAYS WRITING PRODUCT |
23.05 |
| UPPER GANGES SUG |
76.40 |
| VIDEOCON INDS |
214.30 |
| VIJAYA BANK |
48.05 |
| VIKASH METAL & POWER |
15.80 |
| WELSPUN GUJ STAHL ROHREN |
250.90 |
| WEST COAST PAPER |
62.40 |
| YES BANK |
241.80 |
| 