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 |
1527.60 |
-13.28 |
| ICICI BANK |
363.65 |
-27.90 |
| BHARTI AIRTEL |
692.30 |
-8.47 |
| STATE BANK |
1352.50 |
-8.84 |
| RELIANCE CAPITAL |
788.15 |
-25.92 |
| LARSEN & TOUBRO |
890.35 |
-23.18 |
| HDFC LTD |
1721.80 |
-17.21 |
| INFOSYS TECHNOLO |
1225.20 |
-11.98 |
| BHEL |
1350.50 |
-13.97 |
| HDFC BANK |
1047.75 |
-17.88 |
| ONGC CORPN |
916.30 |
-10.18 |
| DLF |
281.90 |
-16.19 |
| ITC LTD |
163.35 |
-14.23 |
| AXIS BANK |
552.60 |
-21.32 |
| RELIANCE INFRAST |
513.85 |
-30.63 |
| TATA STEEL |
287.40 |
-26.88 |
| RELIANCE COMMUNICATIONS |
238.50 |
-28.75 |
| RELIANCE PETROLEUM |
116.25 |
-15.40 |
| SATYAM COMPUTER |
250.60 |
-20.37 |
| NTPC |
165.25 |
-3.85 |
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 |
| UTTAM STEEL |
36.40 |
14.11 |
| CAMBRIDGE SOLUTI |
66.70 |
12.29 |
| RANBAXY LABS |
293.25 |
11.00 |
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 |
| MONET ISPAT |
203.40 |
-52.00 |
| VAKRANGEE SOFTWARE |
67.65 |
-49.46 |
| SKUMARS NATIONWI |
20.85 |
-46.40 |
| CORE PROJECTS & TECHNOLOGIES |
143.85 |
-45.71 |
| GUJ NRE COKE |
31.05 |
-45.19 |
| XL TELECOM |
70.95 |
-45.15 |
| INDIABULLS SECURITIES |
19.60 |
-45.10 |
| WELSPUN GUJ STAHL ROHREN |
139.55 |
-44.18 |
| BAJAJ FINSERV |
195.45 |
-44.16 |
| GATI |
33.10 |
-44.09 |
| HOUSING DEV & INFRA |
92.20 |
-43.31 |
| GHCL |
31.85 |
-42.35 |
| INDIABULLS FINANCIAL SERVICES |
84.60 |
-42.07 |
| JAI BALAJI INDS |
69.55 |
-41.99 |
| UNITED SPIRITS |
747.65 |
-41.08 |
| BAJAJ HINDUSTAN |
59.65 |
-41.06 |
| GREAT OFFSHORE |
283.10 |
-40.93 |
| UNITED BREWERIES (HOLDINGS) |
124.15 |
-40.88 |
| INDIABULLS REAL ESTATE |
95.20 |
-40.80 |
| NAGAR CONSTRUCTI |
53.70 |
-40.66 |
| BOMBAY DYEING |
210.80 |
-39.53 |
| VISHAL RETAIL |
153.20 |
-39.52 |
| ELECON ENGG |
54.55 |
-39.29 |
| MSP STEEL & POWER |
21.10 |
-39.28 |
| PRITHVI INFORMATION SOLUTIONS |
45.20 |
-39.04 |
| TRIVENI ENGG |
47.60 |
-38.94 |
| YES BANK |
71.95 |
-38.84 |
| SEL MANUFACTURING CO |
90.10 |
-38.79 |
| PLETHICO PHARMACEUTICALS |
218.00 |
-38.55 |
| PRAKASH INDS |
62.15 |
-38.53 |
| NIIT |
28.40 |
-38.19 |
| PRAJAY ENGINEERS SYNDICATE |
20.65 |
-38.17 |
| ARIES AGRO |
52.15 |
-38.10 |
| ORBIT CORPORATION |
97.30 |
-38.06 |
| ZYLOG SYSTEMS |
113.40 |
-37.74 |
| ATLANTA LTD |
83.70 |
-37.68 |
| MERCATOR LINES |
35.30 |
-37.41 |
| GEOJIT FINANCIAL SERVICES |
20.40 |
-37.33 |
| SHR RENUKA SUGARS |
61.85 |
-36.82 |
| POLARIS SOFTWARE |
44.35 |
-36.78 |
| SUZLON ENERGY |
93.20 |
-36.73 |
| GUJ FLOUROCHEM |
96.65 |
-36.71 |
| IVR PRIME URBAN DEVELOPERS |
63.75 |
-36.66 |
| GTC INDS |
68.50 |
-36.60 |
| ROLTA (I) |
146.65 |
-36.56 |
| LOKESH MACHINES |
27.20 |
-36.52 |
| TECH MAHINDRA |
396.00 |
-36.51 |
| DECCAN AVIATION |
38.70 |
-36.45 |
| EVERONN SYSTEMS (I) |
228.05 |
-36.40 |
| ABAN OFFSHORE |
1111.75 |
-36.27 |
| INDIA INFOLINE |
57.55 |
-36.16 |
| NDTV LTD |
136.05 |
-36.13 |
| AFTEK |
20.60 |
-36.12 |
| TRICOM (I) |
13.90 |
-36.09 |
| CHAMBAL FERT |
32.25 |
-36.08 |
| VISA STEEL |
23.95 |
-35.96 |
| BAJAJ AUTO FIN |
71.00 |
-35.78 |
| STC (I) |
134.55 |
-35.36 |
| SHR PRECOATED ST |
40.15 |
-35.29 |
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 |
| ORIENTAL BANK |
160.05 |
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 |
| GLORY POLYFILMS |
145.10 |
% 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 |
| PAGE INDS |
360.00 |
-10.25 |
899514 |
145925 |
| HBL POWER SYSTEMS |
155.20 |
-34.42 |
1092985 |
13336 |
| GRABAL ALOK IMPEX |
53.15 |
-20.26 |
361 |
11933 |
| MOTHERSON SUMI |
64.20 |
-26.21 |
1297510 |
3372 |
| RALLIS (I) |
364.40 |
-16.62 |
356065 |
2913 |
| SUBHASH PROJECTS |
71.75 |
-34.39 |
535237 |
1423 |
| STRIDES ARCOLAB |
149.10 |
-13.92 |
997722 |
879 |
| FEDDERS LLOYD |
24.90 |
-27.30 |
141958 |
818 |
| AUTOLINE INDS |
101.00 |
-27.99 |
152816 |
781 |
| CUMMINS (I) |
253.65 |
-13.44 |
609786 |
740 |
| CESC LTD |
190.00 |
-33.80 |
2879276 |
739 |
| KHAITAN ELECTRIC |
35.65 |
-23.01 |
52960 |
687 |
| THERMAX LTD |
334.80 |
-17.36 |
825960 |
658 |
| ISMT |
29.60 |
-11.78 |
669518 |
639 |
| PRITISH NANDY COMMUNICATIONS |
20.20 |
-31.76 |
181604 |
582 |
| CAMBRIDGE SOLUTI |
66.70 |
12.28 |
2758066 |
568 |
| BAJAJ AUTO FIN |
71.00 |
-35.78 |
55221 |
567 |
| DALMIA CEMENT |
120.75 |
-24.54 |
27626 |
486 |
| SHR PRECOATED ST |
40.15 |
-35.30 |
1563884 |
455 |
| GUJ GAS CO |
224.40 |
-12.13 |
89837 |
454 |
| DISHMAN PHARMA |
223.10 |
-24.34 |
254054 |
423 |
| MAHINDRA & MAHINDRA FINANCIAL SERVICES |
200.00 |
-17.39 |
102589 |
370 |
| JINDAL STAINLESS |
77.90 |
-27.94 |
825689 |
353 |
| AMD INDS |
10.90 |
-23.78 |
110671 |
344 |
| FLEX INDS |
88.25 |
-15.76 |
217262 |
311 |
| VARDHMAN TEXTILE |
57.35 |
-17.84 |
97595 |
301 |
| SADBHAV ENGINEERING |
571.45 |
-20.08 |
11538 |
296 |
| LAKSHMI VILAS BK |
72.25 |
-21.73 |
407950 |
294 |
| HOV SERVICES |
51.80 |
-17.19 |
27003 |
292 |
| BAJAJ HOLDINGS & |
382.20 |
-14.08 |
1063295 |
290 |
| MALU PAPER MILLS |
14.00 |
-15.67 |
108956 |
287 |
| FINOLEX INDS |
35.75 |
-19.85 |
404313 |
279 |
| UTV SOFTWARE COMMUNICATIONS |
658.15 |
-12.82 |
417222 |
279 |
| GKW LTD |
62.10 |
-11.29 |
23668 |
275 |
| BEML |
508.20 |
-21.86 |
229438 |
274 |
| RANE ENGG VALVES |
58.00 |
-26.03 |
5240 |
272 |
| JINDAL SAW |
365.80 |
-33.45 |
564850 |
264 |
| SE ASIA MARINE |
68.95 |
-26.73 |
45165 |
264 |
| MAHANAGAR TELEPH |
62.85 |
-25.14 |
5023590 |
251 |
| NITIN FIRE PROTECTION INDS |
176.05 |
-26.62 |
61127 |
246 |
| SKUMARS NATIONWI |
20.85 |
-46.41 |
9714755 |
241 |
| HYDERABAD INDS |
110.00 |
-20.81 |
72793 |
240 |
| EID PARRY |
149.75 |
-21.23 |
93362 |
236 |
| GVK POWER & INFRASTRUCTURE |
15.45 |
-33.84 |
44413084 |
235 |
| HIMATSINGKA SEID |
28.95 |
-34.66 |
147036 |
235 |
| HIND SANITARY |
21.25 |
-27.73 |
298046 |
231 |
| WINSOM YARNS |
10.60 |
-27.40 |
79679 |
228 |
| JBF INDS |
52.95 |
-18.04 |
63378 |
226 |
| LOKESH MACHINES |
27.20 |
-36.53 |
74061 |
221 |
| PRAJ INDS |
86.85 |
-24.32 |
11771600 |
221 |
| GATEWAY DISTRIPARKS |
67.40 |
-22.09 |
2303481 |
219 |
| EICHER MOTORS |
187.45 |
-25.07 |
97438 |
217 |
| SHRIRAM TRANS FI |
228.45 |
-23.20 |
603572 |
217 |
| JUBILANT ORGANOS |
204.75 |
-22.20 |
180241 |
210 |
| INDRAPRASTHA GAS |
102.60 |
-11.82 |
984586 |
209 |
| RAMA NEWSPRINT |
16.05 |
-27.05 |
110841 |
203 |
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 |
| AKRUTI CITY |
641.80 |
| ANKUR DRUGS & PHARMA |
118.30 |
| ASTRA MICROWAVE PRODUCTS |
35.05 |
| ATUL LTD |
43.40 |
| AUROBINDO PHARMA |
195.20 |
| BIOCON |
133.60 |
| BONGAINGAON REFI |
40.95 |
| BRITANNIA INDS |
1199.15 |
| CAMBRIDGE TECHNOLOGY ENTERPRISES |
36.50 |
| CASTROL (I) |
295.70 |
| CIPLA LTD |
194.40 |
| CROMPTON GREAVES |
184.80 |
| D-LINK INDIA |
58.20 |
| DABUR (I) |
79.60 |
| DATAMATICS TECHNO |
15.70 |
| DCM SHRIRAM CONS |
33.00 |
| DHANALAKSHMI BANK |
49.95 |
| DWARIKESH SUGAR INDS |
53.15 |
| EDUCOMP SOLUTIONS |
2048.10 |
| EID PARRY |
149.75 |
| GEOMETRIC SOFTWA |
30.90 |
| GLAXOSMITHKLINE PHARMA |
1072.60 |
| GUJ GAS CO |
224.40 |
| HYDERABAD INDS |
110.00 |
| INGERSOLL RAND |
251.25 |
| INOX LEISURE |
45.55 |
| JINDAL SAW |
365.80 |
| KAJARIA CERAMICS |
26.10 |
| KCP SUGAR (I) CO |
13.85 |
| KOUTONS RETAIL (I) |
632.40 |
| LAKSHMI VILAS BK |
72.25 |
| LUMAX INDS |
100.10 |
| LUPIN LABS |
621.50 |
| MAHANAGAR TELEPH |
62.85 |
| MAHINDRA & MAHINDRA FINANCIAL
SERVICES |
200.00 |
| MAX INDIA |
121.30 |
| MCLEOD RUSSEL |
61.50 |
| MGF (I) |
22.25 |
| MPHASIS |
132.25 |
| NOIDA TOLL BRIDG |
22.80 |
| ONGC CORPN |
916.30 |
| OPTO CIRCUITS (I) |
166.90 |
| ORCHID CHEM |
193.65 |
| ORIENT ABRASIVES |
18.25 |
| POLARIS SOFTWARE |
44.35 |
| RAIN COMMODITIES |
156.15 |
| RAJSHREE SUGAR |
43.00 |
| RALLIS (I) |
364.40 |
| ROLTA (I) |
146.65 |
| SHR RENUKA SUGARS |
61.85 |
| SHRIRAM CITYUNI FIN |
341.15 |
| SHRIRAM EPC |
176.15 |
| SHYAM TELECOM |
57.65 |
| STRIDES ARCOLAB |
149.10 |
| SUN PHARMA ADVANCED RESEARCH
COMPANY |
60.00 |
| SURYA ROSHNI |
45.05 |
| SYNDICATE BANK |
56.25 |
| TORRENT PHARMA |
134.45 |
| TORRENT POWER |
73.40 |
| TRENT LTD |
374.10 |
| UTV SOFTWARE COMMUNICATIONS |
658.15 |
| VISAKA INDS |
50.45 |
| WINSOM YARNS |
10.60 |
| ZUARI INDS |
172.55 |
| 