Saturday, October 30, 2010

Weekly Technical Analysis of the Indian Stock & Share Market dt 29.10.2010




Weekly Technical Analysis of the Indian Stock & Share Market dt 29.10.2010
Most Active Stocks
The 20 most active stocks traded in terms of value of shares traded and their weekly % change.
Security Name
Close
% Change
ICICI BANK
1163.00
2.75
RELIANCE INDS
1096.25
1.33
TATA STEEL
589.40
-4.56
STATE BANK
3150.60
-1.74
INFOSYS TECHNOLO
2971.70
-2.67
ABG SHIPYARD
453.95
25.95
HDFC LTD
687.70
-0.62
TATA MOTORS
1159.00
0.88
HDFC BANK
2279.90
-2.01
JSW STEEL
1341.95
6.91
LARSEN & TOUBRO
2027.80
0.41
ORCHID CHEM
286.55
-11.56
ITC LTD
171.20
0.00
TCS
1052.90
1.22
MAHINDRA & MAHIN
733.70
4.57
SESA GOA
321.60
-6.01
HINDALCO INDS
210.50
-0.67
IDBI
180.60
5.55
AXIS BANK
1471.05
0.48
BHEL
2445.55
-3.19

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
UNIPHOS ENT.
56.20
56.33
INDBANK MERCHANT BANKING SERVICES
21.70
32.32
DIGJAM
14.80
28.14
ABG SHIPYARD
453.95
25.96
RANE HOLDINGS
331.80
23.51
GUJ AMBUJA EXPORTS LTD
42.70
23.41
AVT NATURAL PRODUCTS
138.75
22.57
ELGI EQUIPMENTS
184.60
19.06
SURYA PHARMACEUTICALS
323.40
18.81
K SERA SERA PRODUCTIONS
15.35
17.62
SONATA SOFTWARE
59.40
16.47
SHRIRAM TRANS FI
881.40
16.09
FIRST LEASING
82.95
15.61
GTN INDS
31.40
15.44
MALWA COTTON SPG
63.15
15.24
TTK PRESTIGE
1394.85
15.04
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
CELEBRITY FASHIONS
15.40
-54.44
TULSI EXTRUSIONS
59.90
-26.55
TTRF
652.35
-24.36
BAJAJ ELECTRICALS
269.65
-17.73
FIRST WINNER INDS
29.10
-16.86
BHARAT GEARS
72.05
-15.98
EMCO LTD
57.90
-15.29
KINETIC MOTOR
37.65
-15.20
KHAITAN ELECTRIC
199.95
-15.17
JAIN STUDIOS
11.30
-14.72
PRITHVI INFORMATION SOLUTIONS
45.65
-14.51
PANASONIC HOME APPLIANCES (I) CO
163.65
-14.39
SEZAL GLASS
10.15
-14.35
FINANCIAL TECHNOLOGIES (I)
982.35
-14.31
RAMSARUP INDS
38.40
-13.90
JYOTHY LABORATORIES
276.00
-13.10
RAMCO SYSTEMS
123.10
-13.03
PETRONET LNG
111.20
-12.48
PETRON ENGG
379.60
-12.36
DCM LTD
135.25
-12.23
GRABAL ALOK IMPEX
48.85
-12.14
SAMTEL COLOR
16.00
-12.09

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
ASIAN PAINTS
2687.75
CAMBRIDGE SOLUTI
59.50
CAMBRIDGE TECHNOLOGY ENTERPRISES
22.40
DEEP INDS
99.15
FAME (I)
77.30
HERCULES HOISTS
333.40
HINDUJA VENTURES
448.45
MANGALAM DRUGS & ORGANICS
16.85
ORIENT ABRASIVES
31.35
PLETHICO PHARMACEUTICALS
392.05
TRENT LTD
1014.90

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
ASAHI (I) SAFE
108.15
AUTOLINE INDS
237.75
BASF (I)
669.95
BHARAT FORGE
377.15
BHUSHAN STEEL
495.80
DB REALTY
419.55
DCM LTD
135.25
ENTEGRA
36.50
EVERONN SYSTEMS (I)
660.90
GANESH HOUSING F
243.15
GAS AUTHORTY (I)
491.55
GENESYS INTL
258.75
GENUS POWER INFRASTRUCTURE
23.15
GEODESIC
116.90
GIC HOUSING FINA
149.90
GLAXOSMITHKLINE PHARMA
2222.45
GOKUL REFOILS & SOLVENT
98.00
GUJ ALKALIES
130.05
HI-TECH GEAR
251.90
IFCI LTD
69.15
INDIA GLYCOLS
179.15
INDIABULLS REAL ESTATE
191.40
INDIAN OVERSEAS BANK
159.80
KARUTURI GLOBAL
34.90
KAVVERI TELECOM PRODUCTS
143.70
KEMROCK INDS & EXPORTS
652.35
KIRI DYES & CHEMICALS
599.55
KOTAK PSU BANK ETF
520.92
LOKESH MACHINES
62.90
MERCATOR LINES
64.45
MRPL
81.20
NIFTY BENCHMARK EXC. TRD F
607.98
ORCHID CHEM
286.55
PAPER PRODUCTS
61.45
POWER FINANCE CORP
360.00
RANBAXY LABS
579.75
ROHIT FERRO-TECH
55.80
SANGAM (I)
47.70
SHREYAS SHIPPING
50.00
SIEMENS LTD
817.55
SINTEX INDS
204.15
SPML INFRA
287.10
SURYAJYOTI SPINNING MILLS
44.70
SUZLON ENERGY
55.45
TATA COFFEE
605.35
TATA POWER COMP
1397.35
VIMTA LABS
40.70

% 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
SUNDARAM CLAYTON
236.55
10.58
917003
8392
TTRF
652.35
-24.37
845537
7679
FIRST LEASING
82.95
15.60
3605615
3535
UNIPHOS ENT.
56.20
56.32
2992958
1747
MURLI INDS
88.30
13.13
1790642
1414
SURYA PHARMACEUTICALS
323.40
18.80
4293961
1314
IFB AGRO INDS
95.80
10.24
320118
1234
GTN INDS
31.40
15.44
159885
1208
TRIGYN TECHNOLOG
28.25
11.88
4957959
1206
ELGI EQUIPMENTS
184.60
19.05
885258
939
AVT NATURAL PRODUCTS
138.75
22.57
1131644
881
GUJ AMBUJA EXPORTS LTD
42.70
23.41
9405878
875
SUTLEJ TEXTILES & INDS
330.35
13.56
710192
776
CITY UNION BANK
50.60
10.48
23345056
759
SOMA TEXTILE
12.95
14.09
4065083
672
SHRIRAM TRANS FI
881.40
16.08
4714405
653
INDBANK MERCHANT BANKING SERVICES
21.70
32.31
8425166
647
SHR GANESH JEWELLERY HOUSE
203.60
10.65
7283086
570
BANCO PRODUCTS
98.35
-11.32
862454
563
SONATA SOFTWARE
59.40
16.47
13226205
507
MALWA COTTON SPG
63.15
15.23
236567
480
NAHAR SPG
135.80
12.37
1080315
478
JAI BALAJI INDS
312.90
13.74
3595572
470
TITAN INDS
3552.15
10.82
1826398
468
DELTA CORP
90.20
13.96
35356768
466
ABG SHIPYARD
453.95
25.95
36635056
465
BAJAJ ELECTRICALS
269.65
-17.73
634924
455
DIGJAM
14.80
28.13
10887696
406
MAHINDRA HOLIDAYS & RESORTS (I)
410.70
-11.62
97099
398
SUBEX AZURE
73.80
12.93
23972818
346
CELEBRITY FASHIONS
15.40
-54.44
157392
327
MBL INFRASTRUCTURES
227.80
-11.93
274641
327
ESSEL PROPACK
51.75
11.29
2208492
295
RANE HOLDINGS
331.80
23.50
1013184
289
UTV SOFTWARE COMMUNICATIONS
576.40
13.13
965275
215
VINYL CHEMICALS (I)
16.40
-10.63
118846
215
K SERA SERA PRODUCTIONS
15.35
17.62
20214342
204
VENKYS (I)
835.20
-11.51
478114
203
MVL
65.75
-10.55
1270179
184
GITANJALI GEMS
296.45
14.19
18952268
178
BOMBAY RAYON FASHIONS
219.80
-11.39
10297942
174
SEZAL GLASS
10.15
-14.35
5170195
163
FINANCIAL TECHNOLOGIES (I)
982.35
-14.32
1102671
150
EDUCOMP SOLUTIONS
550.45
-10.43
3354407
138
ALOK INDS
27.15
13.36
182386128
126
TTK PRESTIGE
1394.85
15.04
671592
110
RAJESH EXPORTS
118.15
10.11
5536969
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
APAR INDS
240.35
ASTRA MICROWAVE PRODUCTS
68.25
CIPLA LTD
352.95
J&K BANK
910.45
MANGALORE CHEMICALS & FERTILIZERS
42.05
RELIANCE INDS
1096.25

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
20 MICRONS
54.35
ALKALI METALS
96.80
ALLIED DIGITAL SERVICES
221.55
ALMONDZ GLOBAL SECURITIES
68.75
ANANT RAJ INDS
129.55
ANDHRA SUGARS
118.25
ANSAL HOUSING
63.45
ARIES AGRO
159.80
BAJAJ ELECTRICALS
269.65
BANCO PRODUCTS
98.35
BARAK VALLEY CEMENTS
29.60
BF UTILITIES
918.95
BL KASHYAP & SONS
35.95
BOMBAY BURMAH
519.70
BRITANNIA INDS
413.65
CAIRN INDIA
320.90
CELEBRITY FASHIONS
15.40
CLASSIC DIAMONDS
19.80
DCM SHRIRAM CONS
46.50
DIC (I)
279.00
DS KULKARNI
70.70
EIH ASSOCIATED HOTELS
181.70
ELNET TECHNOLOGIES
61.45
FIRST WINNER INDS
29.10
FUTURE CAPITAL HOLDINGS
239.75
GODAWARI POWER & ISPAT
201.45
GREENPLY INDS
192.40
HITACHI HOME
300.05
HOTEL LEELA VENT
51.60
HOTEL RUGBY
10.60
HOUSING DEV & INFRA
247.50
IVRCL INFRASTR & PROJECTS
149.35
JAI CORPORATION
243.25
JAIPRAKASH POWER VENTURES
62.45
JAYASWALS NECO
33.75
KAKATIYA CEMENT
79.60
KCP LTD
30.00
LANCO INFRATECH
63.75
LT FOODS
64.05
LUMAX AUTOMOTIVE SYSTEMS
47.20
MADHAV MARBLES & GRANITES
33.55
MAGNUM VENTURES
10.10
MAX INDIA
158.25
MPHASIS
610.40
MUKAND ENGINEERI
42.45
MUSCO
66.45
NATL STEEL
26.80
NORBEN TEA & EXP
11.25
ONMOBILE GLOBAL
334.40
OPTO CIRCUITS (I)
287.55
PATEL INTEGRATED LOGISTICS
35.95
PETRON ENGG
379.60
PHILIPS CARBON
200.00
PIRAMAL HEALTHCARE
477.25
POLARIS SOFTWARE
161.75
REDINGTON (I)
80.00
STORE ONE RETAIL
29.50
SUBROS LTD
48.80
SUNFLAG IRON
29.65
TATA CHEM
390.45
THIRUMALAI CHEM
125.30
THOMAS COOK (I)
66.85
UNITED BREWERIES (HOLDINGS)
286.60
VISAKA INDS
140.20
VOLTAMP TRANSFORMERS
874.45
WALCHANDNAGAR IN
204.05
Regards,
RAKESH MAKIN
+91 9041667797,99156849987
0172-4657997 (OFFICE)
PANCHKULA
Email:makin_97@yahoo.com