Negative Breakout: These 10 stocks close cross below their 200 DMAs
1/11
Bear Signal
In the Nifty200 pack, 10 stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on September 24, according to stockedge.com's technical scan data. Trading below the 200 DMA is a negative signal because it indicates that the stock's price is below its long-term trend line. The 200 DMA is used as a key indicator by traders to determine a particular stock's overall trend. Take a look:
2/11
DLF
200 DMA: Rs 758.05| LTP: Rs 733.65
3/11
Bandhan Bank
200 DMA: Rs 161.92| LTP: Rs 158.47
Amazon Top Deals
POWERED BY
Crompton Ozone 75 Litres Desert Air Cooler for home | Large & Easy Clean Ice Chamber | 4-Way Air Deflection | High Density Honeycomb Pads | Everlast Pump | Auto Fill| 3 Year Brand Warranty
₹9,798Buy Now43%
OFF
LG 32 L Convection Microwave Oven (MC3286BRUM, Black, 360° Motorised Rotisserie for Bar-be-queing, 301 Auto Cook Menu, Stainless steel cavity, Indian Cuisine, Tandoor Se, Steam Clean & Diet Fry)
₹19,340Buy Now19%
OFF
4/11
Tata Motors
200 DMA: Rs 696.82| LTP: Rs 682.95
5/11
PB Fintech
200 DMA: Rs 1,763.37| LTP: Rs 1,735.2
6/11
OLA Electric Mobility
200 DMA: Rs 57.66| LTP: Rs 56.89
7/11
Max Healthcare Institute
200 DMA: Rs 1,147.59| LTP: Rs 1,133.2
8/11
Havells India
200 DMA: Rs 1,560.75| LTP: Rs 1,544.5
9/11
LTIMindtree
200 DMA: Rs 5,239.78| LTP: Rs 5,207
10/11
The Phoenix Mills
200 DMA: Rs 1,584.64| LTP: Rs 1,577.7
11/11
LIC Housing Finance
200 DMA: Rs 581.76| LTP: Rs 580.75