Mamaearth among top 10 stocks down up to 42% from their 200-DMAs
1/11
427 Stocks Below 200-DMA
As the overall negative sentiment in the market prevails, many stocks have taken a deep hit. According to data compiled by ET Bureau, 427 stocks in the Nifty 500 universe are trading below their 200-DMA (day moving average), while 68 are above it.
The 200 DEMA is a trend indicator that smooths out price data, giving more weight to recent prices, over a long-term (200-day) period. It's often used by traders and investors to identify long-term trends and potential support or resistance levels in the market.
The 200 DEMA is a trend indicator that smooths out price data, giving more weight to recent prices, over a long-term (200-day) period. It's often used by traders and investors to identify long-term trends and potential support or resistance levels in the market.
2/11
Network 18
Network 18 shares are trading near Rs 45.2, significantly below its 200-DMA of Rs 77.8, marking a decline of 42%.
3/11
Sun Pharma
Sun Pharma is currently priced at Rs 124.6, falling 40% below its 200-DMA of Rs 207.6.
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4/11
Honasa Consumer
Honasa Consumer, the parent company of Mamaearth, trades at Rs 222.4, which is 40.7% lower than its 200-DMA of Rs 375.3.
5/11
Jupiter Wagon
Jupiter Wagon is at Rs 307.8, reflecting a 41.2% drop below its 200-DMA of Rs 523.4.
6/11
Sterling and Wilson
Sterling and Wilson is trading at Rs 261.5, significantly below its 200-DMA of Rs 576.6, with a decline of 54.7%.
7/11
Tanla Platforms
Tanla Platforms is at Rs 477.6, which is 40.8% lower than its 200-DMA of Rs 806.7.
8/11
Kirloskar Oil
Kirloskar Oil is trading at Rs 603.1, down 47.2% from its 200-DMA of Rs 1,143.1.
9/11
Carborundum Universal
Carborundum Universal trades at Rs 864.8, which is 40.4% lower than its 200-DMA of Rs 1,451.6.
10/11
Adani Green
Adani Green is currently at Rs 840.7, reflecting a 45.3% drop below its 200-DMA of Rs 1,536.0.
11/11
Whirlpool of India
Whirlpool of India trades at Rs 969.7, which is 47.6% lower than its 200-DMA of Rs 1,851.5.
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)
(Disclaimer: Recommendations, suggestions, views and opinions given by the experts are their own. These do not represent the views of The Economic Times)