Negative Breakout: These 6 stocks cross below their 200 DMAs

In the Nifty500 pack, 6 stocks' closing prices crossed below their 200 DMA (Daily Moving Averages) on May 26, 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 a key indicator traders use to determine the overall trend in a particular stock. Take a look:

200 DMA: Rs 1217.33| LTP: Rs 1201.2

200 DMA: Rs 537.13| LTP: Rs 532.9

200 DMA: Rs 161.47| LTP: Rs 160.54

200 DMA: Rs 718.96| LTP: Rs 715.1

200 DMA: Rs 7342.08| LTP: Rs 7312

200 DMA: Rs 168.29| LTP: Rs 167.63