Negative Breakout: These 5 stocks cross below their 200 DMAs

In the Nifty 200 pack, five stocks saw their closing prices fall below their 200-day moving averages (DMA) on September 9, according to technical scan data from StockEdge. Trading below the 200 DMA is generally considered a negative signal, as it suggests that a stock’s price is below its long-term trend. The 200 DMA is a widely used technical indicator that helps traders assess the overall trend of a stock.

200 DMA: Rs 2464.39| LTP: Rs 2408.8

200 DMA: Rs 1518.42| LTP: Rs 1508

200 DMA: Rs 2280.23| LTP: Rs 2265

200 DMA: Rs 5449.65| LTP: Rs 5419

200 DMA: Rs 1864.72| LTP: Rs 1857.1