Negative Breakout: These 10 stocks cross below their 200 DMAs
1/11
Downside Ahead
In the Nifty500 pack, 10 stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on November 13, according to stockedge.com's technical scan data. Trading below the 200 DMA is considered 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 for determining the overall trend in a particular stock. Take a look:
2/11
Affle 3i
200 DMA: Rs 1772.12| LTP: Rs 1733.7
3/11
Eris Lifesciences
200 DMA: Rs 1544.87| LTP: Rs 1518.1
Amazon Top Deals
POWERED BY
4/11
Gujarat Fluorochemicals
200 DMA: Rs 3677.68| LTP: Rs 3616.1
5/11
The Ramco Cements
200 DMA: Rs 999.28| LTP: Rs 987.6
6/11
LT Foods
200 DMA: Rs 414.22| LTP: Rs 410.25
7/11
Nuvoco Vistas Corporation
200 DMA: Rs 374.05| LTP: Rs 370.8
8/11
Coal India
200 DMA: Rs 386.35| LTP: Rs 383.2
9/11
Zydus Lifesciences
200 DMA: Rs 949.38| LTP: Rs 944.15
10/11
Bharat Dynamics
200 DMA: Rs 1523.05| LTP: Rs 1517.9
11/11
Nava
200 DMA: Rs 544.21| LTP: Rs 542.75