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 |
2103.15 |
3.06 |
| ICICI BANK |
916.30 |
3.19 |
| BHARTI AIRTEL |
387.60 |
3.47 |
| RELIANCE INDS |
838.30 |
2.18 |
| TATA MOTORS |
247.65 |
3.25 |
| LARSEN & TOUBRO |
1354.60 |
-1.95 |
| INFOSYS |
2783.25 |
2.13 |
| TATA STEEL |
467.50 |
1.90 |
| BHEL |
264.75 |
-3.24 |
| MAHINDRA & MAHIN |
710.80 |
1.52 |
| AXIS BANK |
1099.35 |
2.45 |
| DLF |
230.85 |
9.09 |
| HDFC |
696.65 |
-0.46 |
| COAL INDIA |
327.35 |
-4.27 |
| RELIANCE COMMUNICATIONS |
93.70 |
-2.76 |
| JSW STEEL |
708.95 |
7.06 |
| RELIANCE CAPITAL |
373.90 |
9.10 |
| HDFC BANK |
506.25 |
4.55 |
| JAIPRAKASH ASSOC |
76.20 |
7.62 |
| HINDALCO |
152.65 |
5.67 |
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 |
| STC (I) |
316.75 |
42.20 |
| GEMINI COMMUNICATION |
26.85 |
31.30 |
| NITIN FIRE PROTECTION INDS |
44.35 |
28.92 |
| KSK ENERGY VENTURES |
69.00 |
27.31 |
| ITI |
27.95 |
26.19 |
| CREST ANIMATION |
40.00 |
24.42 |
| SYNCOM HEALTHCARE |
16.85 |
23.90 |
| ABAN OFFSHORE |
549.75 |
23.33 |
| TATA GLOBAL BEVERAGES |
119.75 |
23.33 |
| MUSCO |
59.20 |
22.57 |
| SHREYAS SHIPPING |
32.60 |
22.33 |
| GULF OIL CORP |
82.05 |
21.47 |
| LAKSHMI ENERGY & FOODS |
18.80 |
20.90 |
| FEDERAL-MOGUL GOETZE (I) |
268.55 |
20.86 |
| PRESTIGE ESTATES PROJECTS |
96.85 |
20.54 |
| JK LAKSHMI CEMEN |
56.20 |
19.96 |
| HEXAWARE TECHNOL |
99.25 |
19.72 |
| TRICOM (I) |
13.80 |
18.97 |
| PRICOL |
17.95 |
18.87 |
| ORIENT PAPER |
59.70 |
18.34 |
| SINTEX INDS |
98.25 |
17.88 |
| JINDAL SOUTH WEST HOLDINGS |
639.20 |
17.78 |
| DPSC |
18.55 |
17.78 |
| 20 MICRONS |
74.40 |
17.63 |
| CREW BOS PRODUCTS |
36.90 |
17.52 |
| LLOYDS STEEL |
11.95 |
16.59 |
| SHOPPERS STOP |
334.35 |
16.42 |
| IVRCL |
57.50 |
16.16 |
| ADHUNIK METALIKS |
51.05 |
16.02 |
| TECHNO ELEC & ENG CO |
229.40 |
15.71 |
| NCL INDS |
46.80 |
15.70 |
| JET AIRWAYS |
280.00 |
15.42 |
| VLS FINANCE |
14.60 |
15.42 |
| MUNJAL AUTO |
46.35 |
15.16 |
| TWILIGHT LITAKA PHARMA |
34.30 |
15.10 |
| VAKRANGEE SOFTWARE |
390.00 |
15.03 |
| PRAKASH INDS |
55.50 |
15.03 |
| PAREKH ALUMINEX |
316.75 |
14.81 |
| UNITED BREWERIES (HOLDINGS) |
90.70 |
14.74 |
| HAVELLS (I) |
491.80 |
14.65 |
| KESORAM INDS |
138.00 |
14.57 |
| TATA ELXSI (I) |
228.40 |
14.37 |
| TEXMO PIPES & PRODUCTS |
21.10 |
14.36 |
| BARTRONICS (I) |
38.65 |
14.35 |
| IVRCL ASSETS & HOLDINGS |
43.85 |
14.34 |
| KAJARIA CERAMICS |
128.80 |
14.34 |
| DISHMAN PHARMA |
55.45 |
14.33 |
| JUBILANT FOODWORKS |
977.55 |
14.20 |
| HEIDELBERGCEMENT |
38.75 |
13.97 |
| MADRAS CEMENT |
129.70 |
13.23 |
| ZYLOG SYSTEMS |
487.35 |
13.14 |
| ENGINEERS (I) |
266.40 |
13.03 |
| RELIANCE INDUSTRIAL
INFRASTRUCTURE |
498.65 |
12.93 |
| ESSAR PORTS |
67.60 |
12.85 |
| TIMKEN INDIA |
219.95 |
12.79 |
| AANJANEYA LIFECARE |
556.35 |
12.67 |
| INGERSOLL RAND |
493.85 |
12.66 |
| HSIL |
155.10 |
12.51 |
| VARDHMAN POLYTEX |
95.25 |
12.46 |
| SANGHVI FORGING AND ENGINEERING |
33.55 |
12.40 |
| INDIA CEMENTS |
93.85 |
12.33 |
| MANGALAM CEMENT |
114.80 |
12.27 |
| MERCATOR |
27.90 |
12.27 |
| EDUCOMP SOLUTIONS |
243.40 |
12.27 |
| GREAT OFFSHORE |
107.60 |
12.26 |
| SURYA PHARMACEUTICALS |
14.70 |
12.21 |
| CCL PRODUCTS (I) |
158.10 |
12.09 |
| ORCHID CHEM |
192.05 |
12.08 |
| GSS INFOTECH |
57.70 |
11.93 |
| AKZO NOBEL (I) |
897.00 |
11.87 |
| ABB |
890.05 |
11.67 |
| BALAJI TELEFILMS |
41.70 |
11.65 |
| USHER AGRO |
47.95 |
11.64 |
| REI SIX TEN RETAIL |
15.50 |
11.51 |
| BRIGADE ENTERPRISES |
67.90 |
11.40 |
| AMARA RAJA BATTE |
227.50 |
11.38 |
| MADRAS FERT |
23.60 |
11.32 |
| BINANI INDS |
122.00 |
11.31 |
| MIRZA INTL |
21.40 |
11.17 |
| POWER FINANCE CORP |
186.75 |
11.09 |
| DQ ENTERTAINMENT (INTERNATIONAL) |
28.55 |
11.09 |
| BALKRISHNA INDS |
197.35 |
11.06 |
| DS KULKARNI |
61.20 |
10.97 |
| ORIENTAL BANK |
287.80 |
10.97 |
| ESS DEE ALUMINIUM |
199.80 |
10.94 |
| NEYVELI LIGNITE |
97.40 |
10.93 |
| 3I INFOTECH |
18.30 |
10.91 |
| KCP |
30.15 |
10.85 |
| ALLAHABAD BANK |
173.45 |
10.58 |
| JK CEMENT |
125.90 |
10.44 |
| SADBHAV ENGINEERING |
141.45 |
10.42 |
| UNITED BANK OF INDIA |
70.10 |
10.39 |
| JAI BALAJI INDS |
39.30 |
10.39 |
| SARDA ENERGY & MINERALS |
135.25 |
10.27 |
| SUPREME INFRASTRUCTURE (I) |
230.40 |
10.24 |
| WOCKHARDT |
411.80 |
10.17 |
| KARNATAKA BANK |
93.50 |
10.13 |
| AFTEK |
12.60 |
10.04 |
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 |
| ICSA (I) |
27.00 |
-15.76 |
| VARUN SHIPPING |
16.85 |
-12.47 |
| STERLING BIOTECH |
13.85 |
-11.50 |
| PTC (I) FINANCIAL SERVICES |
14.85 |
-10.54 |
| ALCHEMIST |
72.70 |
-10.41 |
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 |
| HINDUSTAN UNILEVER |
401.40 |
| RADICO KHAITAN |
110.95 |
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 |
| KIRLOSKAR OIL ENGINES |
137.00 |
| LANCO INDS |
28.05 |
| MAHINDRA HOLIDAYS & RESORTS (I) |
298.00 |
| NISSAN COPPER |
17.60 |
| PVR |
137.60 |
| SUDAR GARMENTS |
63.50 |
| TULIP TELECOM |
110.15 |
| UNITECH |
26.00 |
% 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 |
| VAKRANGEE SOFTWARE |
390.00 |
15.02 |
459645 |
4818 |
| SHREYAS SHIPPING |
32.60 |
22.32 |
209875 |
3104 |
| MUSCO |
59.20 |
22.56 |
1273820 |
2135 |
| TEXMO PIPES & PRODUCTS |
21.10 |
14.36 |
1140087 |
1363 |
| ITI |
27.95 |
26.18 |
6922289 |
1252 |
| VARUN SHIPPING |
16.85 |
-12.47 |
3500684 |
1225 |
| PRICOL |
17.95 |
18.87 |
1553842 |
1167 |
| MIRZA INTL |
21.40 |
11.16 |
2272452 |
926 |
| TECHNO ELEC & ENG CO |
229.40 |
15.71 |
362670 |
777 |
| GULF OIL CORP |
82.05 |
21.46 |
1591743 |
762 |
| AKZO NOBEL (I) |
897.00 |
11.86 |
256342 |
702 |
| KCP |
30.15 |
10.84 |
828122 |
671 |
| AANJANEYA LIFECARE |
556.35 |
12.66 |
1630620 |
645 |
| FEDERAL-MOGUL GOETZE (I) |
268.55 |
20.85 |
101105 |
630 |
| MADRAS CEMENT |
129.70 |
13.22 |
3451946 |
568 |
| SUPREME INFRASTRUCTURE (I) |
230.40 |
10.23 |
518182 |
561 |
| NITIN FIRE PROTECTION INDS |
44.35 |
28.92 |
6900272 |
520 |
| TATA ELXSI (I) |
228.40 |
14.37 |
901841 |
516 |
| GEMINI COMMUNICATION |
26.85 |
31.29 |
454463 |
507 |
| STC (I) |
316.75 |
42.19 |
8725446 |
504 |
| SYNCOM HEALTHCARE |
16.85 |
23.89 |
413556 |
435 |
| TATA GLOBAL BEVERAGES |
119.75 |
23.32 |
49261044 |
424 |
| BARTRONICS (I) |
38.65 |
14.34 |
3483920 |
417 |
| ENGINEERS (I) |
266.40 |
13.02 |
3886434 |
411 |
| SHOPPERS STOP |
334.35 |
16.41 |
1589082 |
411 |
| DQ ENTERTAINMENT (INTERNATIONAL) |
28.55 |
11.08 |
292754 |
410 |
| JK LAKSHMI CEMEN |
56.20 |
19.95 |
2628471 |
408 |
| MADRAS FERT |
23.60 |
11.32 |
1012355 |
402 |
| HEXAWARE TECHNOL |
99.25 |
19.72 |
24514320 |
401 |
| HAVELLS (I) |
491.80 |
14.65 |
4823520 |
392 |
| RELIANCE INDUSTRIAL INFRASTRUCTURE |
498.65 |
12.93 |
6891695 |
380 |
| JK CEMENT |
125.90 |
10.43 |
325608 |
343 |
| CREW BOS PRODUCTS |
36.90 |
17.51 |
872751 |
335 |
| LLOYDS STEEL |
11.95 |
16.58 |
9980033 |
307 |
| PRESTIGE ESTATES PROJECTS |
96.85 |
20.53 |
3615908 |
304 |
| UNITED BREWERIES (HOLDINGS) |
90.70 |
14.73 |
1836027 |
287 |
| INGERSOLL RAND |
493.85 |
12.66 |
156614 |
266 |
| MUNJAL AUTO |
46.35 |
15.15 |
333410 |
253 |
| AMARA RAJA BATTE |
227.50 |
11.38 |
590714 |
245 |
| MANGALAM CEMENT |
114.80 |
12.27 |
185987 |
245 |
| ADHUNIK METALIKS |
51.05 |
16.02 |
858735 |
240 |
| SADBHAV ENGINEERING |
141.45 |
10.42 |
770545 |
226 |
| ABAN OFFSHORE |
549.75 |
23.33 |
12912700 |
221 |
| DISHMAN PHARMA |
55.45 |
14.32 |
1700842 |
213 |
| DPSC |
18.55 |
17.77 |
1634206 |
210 |
| AFTEK |
12.60 |
10.04 |
1161331 |
205 |
| ZYLOG SYSTEMS |
487.35 |
13.13 |
671077 |
203 |
| HEIDELBERGCEMENT |
38.75 |
13.97 |
902310 |
172 |
| JAI BALAJI INDS |
39.30 |
10.39 |
2464098 |
169 |
| DS KULKARNI |
61.20 |
10.97 |
216035 |
167 |
| BALAJI TELEFILMS |
41.70 |
11.64 |
911176 |
164 |
| JUBILANT FOODWORKS |
977.55 |
14.19 |
6807863 |
163 |
| TIMKEN INDIA |
219.95 |
12.79 |
1324644 |
163 |
| KAJARIA CERAMICS |
128.80 |
14.33 |
575498 |
161 |
| SURYA PHARMACEUTICALS |
14.70 |
12.21 |
659257 |
159 |
| ESSAR PORTS |
67.60 |
12.85 |
1519165 |
152 |
| NEYVELI LIGNITE |
97.40 |
10.93 |
3294897 |
138 |
| JINDAL SOUTH WEST HOLDINGS |
639.20 |
17.78 |
2439700 |
135 |
| ALCHEMIST |
72.70 |
-10.42 |
334327 |
123 |
| SANGHVI FORGING AND ENGINEERING |
33.55 |
12.39 |
204685 |
121 |
| LAKSHMI ENERGY & FOODS |
18.80 |
20.90 |
1069754 |
101 |
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 |
| ABAN OFFSHORE |
549.75 |
| ADHUNIK METALIKS |
51.05 |
| ALLAHABAD BANK |
173.45 |
| AMARA RAJA BATTE |
227.50 |
| ANDHRA CEMENTS |
11.95 |
| ARSS INFRASTRUCTURE PROJECTS |
132.45 |
| ATLANTA |
65.00 |
| BHARTI SHIPYARD |
92.90 |
| CENTURY TEXTILES |
294.55 |
| COSMO FILMS |
91.75 |
| DENA BANK |
73.45 |
| DISHMAN PHARMA |
55.45 |
| DLF |
230.85 |
| DS KULKARNI |
61.20 |
| EDUCOMP SOLUTIONS |
243.40 |
| ELECON ENGG |
63.70 |
| ENGINEERS (I) |
266.40 |
| FINANCIAL TECHNOLOGIES (I) |
774.85 |
| GLOBUS SPIRITS |
115.90 |
| GODREJ INDS |
212.85 |
| GREAT OFFSHORE |
107.60 |
| GUJ INDSTL POWER |
74.75 |
| HBL POWER SYSTEMS |
17.55 |
| HEIDELBERGCEMENT |
38.75 |
| HEXAWARE TECHNOL |
99.25 |
| ICRA |
1002.55 |
| INDIAN BANK |
233.75 |
| INGERSOLL RAND |
493.85 |
| ITI |
27.95 |
| JAIPRAKASH ASSOC |
76.20 |
| JAYPEE INFRATECH |
45.55 |
| JK LAKSHMI CEMEN |
56.20 |
| JSW ISPAT STEEL |
14.15 |
| JUBILANT FOODWORKS |
977.55 |
| KARNATAKA BANK |
93.50 |
| KAVVERI TELECOM PRODUCTS |
152.85 |
| KCP |
30.15 |
| KESORAM INDS |
138.00 |
| LAKSHMI ENERGY & FOODS |
18.80 |
| MAHA SEAMLESS |
347.55 |
| MARICO |
163.60 |
| MAXWELL INDS |
23.95 |
| MERCATOR |
27.90 |
| MIRZA INTL |
21.40 |
| NATL ALUM |
63.75 |
| NITIN FIRE PROTECTION INDS |
44.35 |
| ORIENT PAPER |
59.70 |
| ORIENTAL BANK |
287.80 |
| PRISM CEMENT |
47.90 |
| PTC INDIA |
53.85 |
| RICO AUTO INDS |
11.10 |
| RURAL ELECTRIFICATION
CORPORATION |
204.85 |
| SARDA ENERGY & MINERALS |
135.25 |
| SICAGEN (I) |
18.90 |
| SUN TV |
308.15 |
| SUNTECK REALTY |
324.75 |
| SURYA PHARMACEUTICALS |
14.70 |
| SYNCOM HEALTHCARE |
16.85 |
| TALWALKARS BETTER VALUE FITNESS |
153.80 |
| TATA ELXSI (I) |
228.40 |
| TECHNO ELEC & ENG CO |
229.40 |
| TEXMO PIPES & PRODUCTS |
21.10 |
| TRICOM (I) |
13.80 |
| TV TODAY |
62.60 |
| UFLEX |
141.45 |
| UNION BANK |
229.55 |
| V GUARD INDS |
192.90 |
| VIJAYA BANK |
56.65 |
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.
| 