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 |
2424.85 |
5.16 |
| ITC |
334.90 |
-5.44 |
| ICICI BANK |
1230.45 |
5.35 |
| UNITED SPIRITS |
2412.45 |
3.12 |
| HDFC |
903.35 |
3.29 |
| LARSEN & TOUBRO |
1623.40 |
3.82 |
| RELIANCE COMMUNICATIONS |
113.60 |
2.25 |
| AXIS BANK |
1535.25 |
4.26 |
| RELIANCE INDS |
835.50 |
2.62 |
| RELIANCE CAPITAL |
374.25 |
-1.19 |
| HDFC BANK |
718.90 |
2.29 |
| TCS |
1473.80 |
-1.07 |
| TATA MOTORS |
303.35 |
-1.37 |
| INFOSYS |
2351.75 |
-0.44 |
| DLF |
249.65 |
5.31 |
| JAIPRAKASH ASSOC |
82.30 |
8.28 |
| RELIANCE INFRASTRUCTURE |
426.65 |
4.78 |
| DR. REDDY'S LABS |
2078.30 |
-0.65 |
| TATA STEEL |
311.85 |
-2.15 |
| ONGC |
340.75 |
3.68 |
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 |
| GUJ SIDHEE CEMEN |
23.40 |
198.09 |
| JM FINANCIAL |
26.70 |
42.40 |
| HIMADRI CHEMICALS & INDS |
18.70 |
35.51 |
| K SERA SERA |
12.50 |
28.87 |
| ELDER PHARMACEUT |
320.40 |
28.16 |
| GLAXOSMITHKLINE CONSUMER
HEALTHCARE |
5085.45 |
25.73 |
| ABB |
659.40 |
25.22 |
| NECTAR LIFESCIENCES |
17.90 |
23.02 |
| SUN PHARMA ADVANCED RESEARCH
COMPANY |
153.70 |
20.74 |
| MAHINDRA FORGINGS |
45.30 |
19.68 |
| MORARJEE TEXTILES |
14.10 |
19.49 |
| WANBURY |
27.10 |
19.12 |
| ZYDUS WELLNESS |
553.45 |
17.83 |
| NET 4 INDIA |
41.90 |
17.70 |
| JHS SVENDGAARD LABORATORIES |
19.35 |
17.63 |
| HIND DORR-OLIVER |
15.15 |
16.09 |
| WHIRLPOOL |
236.05 |
15.94 |
| HEIDELBERGCEMENT |
47.90 |
15.56 |
| OUDH SUGAR MILLS |
21.60 |
15.51 |
| ALSTOM (I) |
395.95 |
15.14 |
| ESSAR SHIPPING |
23.40 |
14.99 |
| ISMT |
12.25 |
13.95 |
| JMT AUTO |
109.50 |
13.35 |
| CROMPTON GREAVES |
105.80 |
12.55 |
| EICHER MOTORS |
3449.25 |
12.53 |
| TRIDENT |
10.05 |
12.29 |
| VADILAL INDS |
218.65 |
12.27 |
| AEGIS LOGISTICS |
163.60 |
11.83 |
| ZYLOG SYSTEMS |
54.85 |
11.48 |
| GOA CARBON |
79.70 |
11.47 |
| PNB GILTS |
28.70 |
11.46 |
| NITCO |
16.65 |
11.37 |
| ADANI PORT & SEZ |
168.25 |
11.35 |
| ALSTOM T&D (I) |
181.85 |
11.33 |
| IVRCL |
22.20 |
11.28 |
| SCHNEIDER ELECTRIC
INFRASTRUCTURE |
84.10 |
11.24 |
| EVEREST KANTO CYLINDER |
23.30 |
11.22 |
| ORIENT ABRASIVES |
17.25 |
10.93 |
| ANANT RAJ INDS |
75.85 |
10.81 |
| HOUSING DEV & INFRA |
60.30 |
10.44 |
| LIC HOUSING FIN |
275.60 |
10.39 |
| CCL PRODUCTS (I) |
331.55 |
10.22 |
| TTK PRESTIGE |
3672.95 |
10.10 |
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 |
| WINSOME DIAMONDS & JEWELLERY |
12.20 |
-27.60 |
| SHR LAKSMI COTSYN |
24.50 |
-17.51 |
| INFINITE COMPUTER SOLUTIONS (I) |
94.25 |
-15.74 |
| AMARA RAJA BATTE |
247.90 |
-14.65 |
| ACCELYA KALE SOLUTIONS |
443.65 |
-14.58 |
| JK CEMENT |
253.10 |
-13.97 |
| HORIZON INFRASTRUCTURE |
64.00 |
-12.75 |
| HT MEDIA |
99.05 |
-12.62 |
| LA OPALA RG |
333.00 |
-12.02 |
| RUSHIL DECOR |
45.65 |
-11.36 |
| KAVVERI TELECOM PRODUCTS |
30.35 |
-11.13 |
| AMAR REMEDIES |
12.85 |
-11.07 |
| RAIN COMMODITIES |
42.45 |
-10.91 |
| SUVEN LIFE SCIENCES |
26.50 |
-10.62 |
| PSL |
31.05 |
-10.52 |
| TTRF |
157.55 |
-10.48 |
| BALAJI TELEFILMS |
36.90 |
-10.44 |
| COMMERCIAL ENGINEERS & BODY BUILDERS CO |
20.60 |
-10.43 |
| BANSWARA SYNTEX |
43.00 |
-10.42 |
| ZUARI AGRO CHEMICALS |
130.00 |
-10.31 |
| ORIENT GREEN POWER COMPANY |
13.35 |
-10.10 |
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 |
| A2Z MAINTENANCE & ENGINEERING
SERVICES |
20.05 |
| ADITYA BIRLA CHEMICALS (I) |
81.15 |
| BOMBAY RAYON FASHIONS |
241.40 |
| BROOKS LABORATORIES |
17.45 |
| EDELWEISS FINANCIAL SERVICES |
31.55 |
| ESSAR SHIPPING |
20.35 |
| FIRSTSOURCE SOLUTIONS |
10.65 |
| GENUS POWER INFRASTRUCTURE |
11.30 |
| GUJ ALKALIES |
182.05 |
| GUJ GAS CO |
253.10 |
| MAN INDS (I) |
100.40 |
| PERSISTENT SYSTEMS |
534.40 |
| TRANSPORT CORPN OF INDIA |
54.75 |
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 |
| ACCELYA KALE SOLUTIONS |
443.65 |
| ASTRAZENECA PHARMA IND |
800.90 |
| BOMBAY BURMAH |
123.80 |
| COLGATE PALMOLIV |
1483.75 |
| CUMMINS (I) |
495.10 |
| HT MEDIA |
99.05 |
| INDIA GLYCOLS |
136.95 |
| J&K BANK |
1318.60 |
| JYOTHY LABORATORIES |
169.95 |
| KIRLOSKAR OIL ENGINES |
181.90 |
| SHASUN PHARMA |
80.30 |
| TAKE SOLUTIONS |
29.65 |
| TATA COFFEE |
1557.25 |
| TATA STEEL |
311.85 |
| UNITED BANK OF INDIA |
57.65 |
| V GUARD INDS |
486.95 |
% 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 |
| ZYDUS WELLNESS |
553.45 |
17.83 |
1445812 |
3804 |
| HIMADRI CHEMICALS & INDS |
18.70 |
35.50 |
1200141 |
2465 |
| JM FINANCIAL |
26.70 |
42.40 |
68290344 |
1680 |
| SUN PHARMA ADVANCED RESEARCH COMPANY |
153.70 |
20.73 |
13823624 |
1175 |
| WANBURY |
27.10 |
19.12 |
335901 |
1085 |
| GOA CARBON |
79.70 |
11.46 |
1200636 |
994 |
| NECTAR LIFESCIENCES |
17.90 |
23.02 |
3023252 |
967 |
| GLAXOSMITHKLINE CONSUMER HEALTHCARE |
5085.45 |
25.72 |
273688 |
805 |
| ABB |
659.40 |
25.21 |
1862566 |
670 |
| MORARJEE TEXTILES |
14.10 |
19.49 |
25193 |
592 |
| EVEREST KANTO CYLINDER |
23.30 |
11.21 |
1037368 |
514 |
| ISMT |
12.25 |
13.95 |
1828407 |
466 |
| K SERA SERA |
12.50 |
28.86 |
4730353 |
453 |
| PNB GILTS |
28.70 |
11.45 |
1271689 |
442 |
| OUDH SUGAR MILLS |
21.60 |
15.50 |
110544 |
421 |
| RAIN COMMODITIES |
42.45 |
-10.92 |
2134002 |
402 |
| NITCO |
16.65 |
11.37 |
188547 |
399 |
| ALSTOM (I) |
395.95 |
15.13 |
479809 |
370 |
| JMT AUTO |
109.50 |
13.35 |
30299 |
309 |
| WINSOME DIAMONDS & JEWELLERY |
12.20 |
-27.60 |
521442 |
286 |
| HT MEDIA |
99.05 |
-12.62 |
1539135 |
284 |
| TTRF |
157.55 |
-10.49 |
43247 |
282 |
| CCL PRODUCTS (I) |
331.55 |
10.22 |
144428 |
260 |
| TTK PRESTIGE |
3672.95 |
10.09 |
351124 |
249 |
| ALSTOM T&D (I) |
181.85 |
11.32 |
186251 |
248 |
| AEGIS LOGISTICS |
163.60 |
11.82 |
338757 |
233 |
| ELDER PHARMACEUT |
320.40 |
28.15 |
4115123 |
233 |
| HEIDELBERGCEMENT |
47.90 |
15.56 |
2717397 |
228 |
| ESSAR SHIPPING |
23.40 |
14.98 |
233736 |
218 |
| VADILAL INDS |
218.65 |
12.27 |
1256710 |
200 |
| INFINITE COMPUTER SOLUTIONS (I) |
94.25 |
-15.74 |
572096 |
199 |
| MAHINDRA FORGINGS |
45.30 |
19.68 |
605870 |
189 |
| ADANI PORT & SEZ |
168.25 |
11.35 |
20237476 |
177 |
| TRIDENT |
10.05 |
12.29 |
289906 |
177 |
| SCHNEIDER ELECTRIC INFRASTRUCTURE |
84.10 |
11.24 |
179698 |
172 |
| WHIRLPOOL |
236.05 |
15.93 |
549258 |
131 |
| SHR LAKSMI COTSYN |
24.50 |
-17.51 |
47859 |
124 |
| HIND DORR-OLIVER |
15.15 |
16.09 |
342966 |
115 |
| EICHER MOTORS |
3449.25 |
12.53 |
249838 |
111 |
| BALAJI TELEFILMS |
36.90 |
-10.44 |
991304 |
105 |
| AMARA RAJA BATTE |
247.90 |
-14.65 |
3012621 |
104 |
| ZYLOG SYSTEMS |
54.85 |
11.48 |
1232146 |
102 |
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 |
| ABB |
659.40 |
| ADITYA BIRLA NUVO |
1104.25 |
| AEGIS LOGISTICS |
163.60 |
| ALEMBIC |
20.55 |
| AMTEK AUTO |
86.40 |
| ANANT RAJ INDS |
75.85 |
| BANK OF BARODA |
740.45 |
| CCL PRODUCTS (I) |
331.55 |
| CESC |
320.75 |
| CROMPTON GREAVES |
105.80 |
| ESSEL PROPACK |
41.15 |
| GLAXOSMITHKLINE CONSUMER
HEALTHCARE |
5085.45 |
| GOA CARBON |
79.70 |
| GUJ SIDHEE CEMEN |
23.40 |
| HEIDELBERGCEMENT |
47.90 |
| HIMADRI CHEMICALS & INDS |
18.70 |
| HOUSING DEV & INFRA |
60.30 |
| IDFC |
163.85 |
| INDIABULLS REAL ESTATE |
85.50 |
| INDO TECH TRANSFORMERS |
86.25 |
| IRB INFRASTRUCTURE DEVELOPERS |
130.80 |
| JAIPRAKASH ASSOC |
82.30 |
| JAIPRAKASH POWER VENTURES |
28.90 |
| JM FINANCIAL |
26.70 |
| K SERA SERA |
12.50 |
| LIC HOUSING FIN |
275.60 |
| MADHUCON PROJECTS |
27.30 |
| MAHINDRA FORGINGS |
45.30 |
| NIFTY BENCHMARK EXC. TRD F |
615.84 |
| OMKAR SPECIALITY CHEMICALS |
124.65 |
| POWER FINANCE CORP |
204.70 |
| POWER GRID CORP OF INDIA |
116.05 |
| PRESTIGE ESTATES PROJECTS |
185.20 |
| PTC (I) FINANCIAL SERVICES |
15.30 |
| PUNJAB NATIONAL BANK |
834.25 |
| RANBAXY LABS |
471.50 |
| SIEMENS |
620.75 |
| THERMAX |
613.40 |
| TRIDENT |
10.05 |
| UNITECH |
30.65 |
| VADILAL INDS |
218.65 |
| WHEELS (I) |
838.00 |
| WHIRLPOOL |
236.05 |
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 |
| SMARTLINK NETWORK SYSTEMS |
51.90 |
| SOLAR INDS (I) |
908.65 |
| VARDHAMAN ACRYL |
11.10 |
| 