Key Events This Week
09 Feb: Intraday high of Rs.48.96 with 8.13% surge
10 Feb: Mixed technical signals amid price momentum shift
13 Feb: Week closes at Rs.46.34, up 2.34% for the week
09 February 2026: Strong Intraday Rally Outpaces Market
Shipping Corporation of India Land & Assets Ltd began the week on a robust note, surging 8.13% intraday to reach Rs.48.96, significantly outperforming the Sensex’s 1.04% gain. The stock opened with a gap-up of 2.69%, reflecting strong buying interest. This rally was supported by positive sector momentum, with the Shipping sector gaining 7.12% on the day.
Technically, the stock traded above its short- and medium-term moving averages, signalling positive near-term momentum. However, it remained below its 200-day moving average, indicating longer-term resistance. The MarketsMOJO Mojo Score stood at 12.0 with a Strong Sell grade, upgraded from Sell in July 2025, reflecting cautious optimism amid the rally.
10 February 2026: Mixed Technical Signals Temper Gains
Following the strong start, the stock experienced a shift in momentum on 10 Feb, closing at Rs.47.72, down 2.75% from the previous day’s close. Despite an intraday high of Rs.50.34, the price retraced, reflecting mixed technical signals. The weekly MACD suggested mild bullishness, but the monthly MACD remained neutral, indicating uncertainty in longer-term trends.
Other indicators such as the RSI hovered in neutral zones, while Bollinger Bands showed bullish tendencies on the weekly chart but bearish signals monthly. The Know Sure Thing oscillator remained bearish weekly, and On-Balance Volume trends were inconclusive, suggesting volume did not strongly support the price advances. The Mojo Score increased to 17.0, maintaining a Strong Sell rating, highlighting ongoing fundamental concerns despite short-term price strength.
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11 to 13 February 2026: Consolidation Amid Volatility
The stock continued to consolidate in the latter half of the week, closing at Rs.46.53 on 11 Feb (-2.49%), Rs.46.82 on 12 Feb (+0.62%), and Rs.46.34 on 13 Feb (-1.03%). This sideways movement occurred against a backdrop of a weakening Sensex, which declined 1.40% on 13 Feb, reflecting broader market pressures.
Technical indicators remained mixed, with daily moving averages signalling caution and the stock trading near key support levels around Rs.46. The weekly and monthly Bollinger Bands suggested volatility with no clear breakout. The stock’s 52-week range of Rs.42.86 to Rs.60.30 underscores the current price remains well below its annual high, indicating room for further directional moves.
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Weekly Price Performance: Stock vs Sensex
| Date | Stock Price | Day Change | Sensex | Day Change |
|---|---|---|---|---|
| 2026-02-09 | Rs.49.07 | +8.37% | 37,113.23 | +1.04% |
| 2026-02-10 | Rs.47.72 | -2.75% | 37,207.34 | +0.25% |
| 2026-02-11 | Rs.46.53 | -2.49% | 37,256.72 | +0.13% |
| 2026-02-12 | Rs.46.82 | +0.62% | 37,049.40 | -0.56% |
| 2026-02-13 | Rs.46.34 | -1.03% | 36,532.48 | -1.40% |
Key Takeaways
Positive Signals: The stock outperformed the Sensex by 2.88% over the week, supported by a strong intraday rally on 09 Feb and a mild recovery on 12 Feb. The upgrade in Mojo Grade from Sell to Strong Sell indicates some improvement in quantitative metrics. Short-term technical indicators such as the weekly MACD and Bollinger Bands suggest potential for further gains if momentum sustains.
Cautionary Signals: Despite early strength, the stock faced selling pressure midweek, with daily moving averages and the Know Sure Thing oscillator signalling bearish tendencies. The monthly technical indicators remain inconclusive or bearish, and the stock trades below its 200-day moving average, highlighting longer-term resistance. The Mojo Score remains low at 17.0 with a Strong Sell rating, reflecting fundamental challenges and limited market cap strength.
Volume trends were mixed, with a sharp drop on 11 Feb indicating reduced trading interest. The stock’s 52-week range and negative one-year return of -15.66% compared to the Sensex’s positive 7.97% underline persistent underperformance over the longer term.
Conclusion
Shipping Corporation of India Land & Assets Ltd demonstrated a volatile but ultimately positive weekly performance, gaining 2.34% against a declining Sensex. Early-week enthusiasm propelled the stock to an intraday high near Rs.49, but mixed technical signals and cautious trading capped further advances. The stock remains in a consolidation phase, with short-term momentum showing tentative improvement while longer-term trends remain uncertain.
Investors should note the divergence between short- and long-term technical indicators and the continued Strong Sell Mojo Grade, which suggests that while near-term opportunities exist, fundamental and sector challenges persist. Monitoring key support and resistance levels will be critical in assessing the stock’s next directional move within the NBFC sector context.
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