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 |
| RELIANCE INDS |
2027.65 |
-0.08 |
| EDUCOMP SOLUTIONS |
4463.85 |
26.88 |
| SUZLON ENERGY |
106.85 |
-13.49 |
| TATA STEEL |
437.95 |
12.71 |
| ICICI BANK |
754.95 |
-0.16 |
| DLF |
337.10 |
3.50 |
| RELIANCE CAPITAL |
938.30 |
-0.07 |
| UNITECH |
83.80 |
1.88 |
| HOUSING DEV & INFRA |
239.65 |
-4.74 |
| LARSEN & TOUBRO |
1607.55 |
-0.18 |
| AXIS BANK |
873.35 |
6.75 |
| STATE BANK |
1809.65 |
3.45 |
| ONGC CORPN |
1136.15 |
8.76 |
| RELIANCE INFRASTRUCTURE |
1291.85 |
2.16 |
| JAIPRAKASH ASSOC |
214.55 |
-3.12 |
| ABAN OFFSHORE |
887.95 |
-0.54 |
| GMR INFRASTRUCTURE |
140.25 |
2.55 |
| RELIANCE NATURAL RESOURCES |
86.70 |
-5.15 |
| INDIABULLS REAL ESTATE |
216.85 |
1.49 |
| HDFC LTD |
2586.30 |
6.20 |
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 |
| BPL LTD |
36.60 |
46.69 |
| EDUCOMP SOLUTIONS |
4463.85 |
26.88 |
| SHR PRECOATED ST |
194.65 |
26.07 |
| TULIP TELECOM |
899.20 |
22.27 |
| ADHUNIK METALIKS |
82.95 |
21.54 |
| NIIT |
70.70 |
20.85 |
| APOLLO SINDHOORI CAPITAL
INVESTMENTS |
37.40 |
20.45 |
| RAYMOND LTD |
188.90 |
19.71 |
| GRAPHITE (I) |
51.40 |
19.53 |
| MEGHMANI ORGANICS |
14.40 |
19.50 |
| PVP VENTURES |
34.05 |
17.62 |
| ERA INFRA ENGG |
123.25 |
17.21 |
| CONSOLIDATED CONSTRUCTION
CONSORTIUM |
278.40 |
16.97 |
| GEOMETRIC SOFTWA |
29.75 |
16.67 |
| AEGIS LOGISTICS |
127.00 |
16.57 |
| JYOTI STRUCTURE |
146.85 |
15.27 |
| MOTHERSON SUMI |
77.05 |
15.00 |
| VISHAL INFORMATION TECHNOLOGIES |
55.60 |
14.76 |
| PAREKH ALUMINEX |
110.65 |
14.66 |
| HIKAL LTD |
264.95 |
14.52 |
| PATEL ENGINEERING |
464.25 |
14.52 |
| ANANT RAJ INDS |
113.05 |
14.25 |
| BAJAJ HOLDINGS & INVESTMENT |
414.35 |
14.18 |
| JAIN IRRIGATION |
702.80 |
14.03 |
| BEML |
1031.00 |
13.91 |
| CCL PRODUCTS (I) |
136.65 |
13.73 |
| IRB INFRASTRUCTURE DEVELOPERS |
175.45 |
13.38 |
| MCNALLY BHARAT ENGINEERING CO |
135.60 |
12.86 |
| VOLTAMP TRANSFORMERS |
866.40 |
12.76 |
| TATA STEEL |
437.95 |
12.71 |
| CAROL INFO SERV. |
54.05 |
12.60 |
| NAVNEET PUBLICAT |
88.55 |
12.44 |
| TORRENT POWER |
189.65 |
12.09 |
| ORG INFORMATICS |
12.30 |
11.82 |
| GAS AUTHORTY (I) |
316.85 |
11.43 |
| SKF (I) |
255.75 |
11.32 |
| SREI INFRASTRUCTURE FINANCE |
79.10 |
11.10 |
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 |
| GEMINI COMMUNICATION |
17.75 |
-21.81 |
| SAMTEL COLOR |
13.20 |
-19.51 |
| VISHAL RETAIL |
58.95 |
-16.38 |
| INDIABULLS SECURITIES |
38.20 |
-15.86 |
| GUJ NRE COKE |
42.35 |
-14.87 |
| JM FINANCIAL |
39.80 |
-14.13 |
| RENAISSANCE JEWELLERY |
40.20 |
-13.55 |
| SUZLON ENERGY |
106.85 |
-13.48 |
| TV 18 |
111.10 |
-13.47 |
| INDUS FILA |
20.20 |
-12.17 |
| CENTURY PLYBOARDS (I) |
39.30 |
-11.88 |
| TATA MOTORS |
300.80 |
-11.59 |
| OCTAV INVESTMENTS |
26.35 |
-11.43 |
| WANBURY |
48.05 |
-11.35 |
| ESS DEE ALUMINIUM |
277.10 |
-11.30 |
| RUCHI INFRASTURE |
30.65 |
-11.16 |
| REI AGRO |
67.10 |
-11.07 |
| FCS SOFTWARE SOLUTIONS |
42.05 |
-10.82 |
| MPHASIS |
364.75 |
-10.57 |
| NETWORK 18 FINCAP |
113.45 |
-10.56 |
| BL KASHYAP & SONS |
327.65 |
-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 |
| AGRO TECH FOODS |
140.05 |
| BIRLA CORP |
218.50 |
| DELTA CORP |
44.40 |
| FAME (I) |
19.30 |
| HIKAL LTD |
264.95 |
| MONET ISPAT |
255.95 |
| MOTHERSON SUMI |
77.05 |
| OCL IRON & STEEL |
19.40 |
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 |
| BAJAJ FINSERV |
376.35 |
| CARBORUNDUM UNIV |
124.30 |
| INDUSIND BANK |
85.15 |
| MPHASIS |
364.75 |
| ORACLE FINANCIAL SERVICES
SOFTWARE |
1238.80 |
| SAMTEL COLOR |
13.20 |
| SPICE MOBILES |
16.15 |
| STRIDES ARCOLAB |
141.25 |
| TATA TELESERVICE |
36.65 |
% 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 |
| MOTHERSON SUMI |
77.05 |
15.00 |
1138521 |
1743 |
| CAROL INFO SERV. |
54.05 |
12.60 |
559186 |
1485 |
| TULIP TELECOM |
899.20 |
22.27 |
3828619 |
1361 |
| SHR PRECOATED ST |
194.65 |
26.06 |
2876001 |
824 |
| GRAPHITE (I) |
51.40 |
19.53 |
2493165 |
823 |
| BPL LTD |
36.60 |
46.69 |
1588651 |
758 |
| HIKAL LTD |
264.95 |
14.52 |
252299 |
596 |
| BEML |
1031.00 |
13.91 |
3609999 |
579 |
| SKF (I) |
255.75 |
11.31 |
194821 |
528 |
| PAREKH ALUMINEX |
110.65 |
14.66 |
179721 |
425 |
| RAYMOND LTD |
188.90 |
19.70 |
1239852 |
415 |
| PVP VENTURES |
34.05 |
17.61 |
562960 |
319 |
| CENTURY PLYBOARDS (I) |
39.30 |
-11.89 |
760007 |
295 |
| VOLTAMP TRANSFORMERS |
866.40 |
12.76 |
304102 |
225 |
| ERA INFRA ENGG |
123.25 |
17.21 |
3816675 |
207 |
| AEGIS LOGISTICS |
127.00 |
16.56 |
88629 |
202 |
| NIIT |
70.70 |
20.85 |
81634560 |
198 |
| MEGHMANI ORGANICS |
14.40 |
19.50 |
1459120 |
197 |
| ESS DEE ALUMINIUM |
277.10 |
-11.30 |
128502 |
192 |
| MONET ISPAT |
255.95 |
10.44 |
904505 |
189 |
| PATEL ENGINEERING |
464.25 |
14.51 |
1718756 |
174 |
| ADHUNIK METALIKS |
82.95 |
21.53 |
2850703 |
173 |
| SREI INFRASTRUCTURE FINANCE |
79.10 |
11.09 |
17115878 |
164 |
| CONSOLIDATED CONSTRUCTION CONSORTIUM |
278.40 |
16.97 |
93355 |
131 |
| BAJAJ HOLDINGS & INVESTMENT |
414.35 |
14.17 |
1368666 |
128 |
| JAIN IRRIGATION |
702.80 |
14.02 |
1567572 |
116 |
| WANBURY |
48.05 |
-11.35 |
33483 |
112 |
| GAS AUTHORTY (I) |
316.85 |
11.42 |
16490599 |
105 |
| ORG INFORMATICS |
12.30 |
11.81 |
67959 |
103 |
| J KUMAR INFRAPROJECTS |
109.20 |
10.19 |
164186 |
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.
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 |
| INDUS FILA |
20.20 |
| KHANDWALA SECURITIES |
23.45 |
| 