Negative Breakout: These 8 midcap stocks cross below their 200 DMAs

In the Nifty500 pack, eight stocks' closing prices crossed below their 200-day moving averages (DMA) on September 24, 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 1648.73| LTP: Rs 1207.2

200 DMA: Rs 294| LTP: Rs 282

200 DMA: Rs 344.6| LTP: Rs 339.9

200 DMA: Rs 5367.24| LTP: Rs 5296

200 DMA: Rs 748.42| LTP: Rs 738.95

200 DMA: Rs 1004.25| LTP: Rs 1000.1

200 DMA: Rs 921.71| LTP: Rs 919.5

200 DMA: Rs 613.06| LTP: Rs 612.4