Negative Breakout: These 8 stocks cross below their 200 DMAs
1/9
Downside Ahead
In the Nifty200 pack, eight stocks' closing prices crossed below their 200 DMA (Daily Moving Averages) on June 25, 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. Traders use the 200 DMA as a key indicator to determine the overall trend in a particular stock. Take a look:"
2/9
Max Financial Services
200 DMA: Rs 1646.25| LTP: Rs 1611.4
3/9
Astral
200 DMA: Rs 1507.2| LTP: Rs 1486.9
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
4/9
Indian Bank
200 DMA: Rs 842.52| LTP: Rs 832.6
5/9
360 One Wam
200 DMA: Rs 1098.16| LTP: Rs 1085.4
6/9
NTPC
200 DMA: Rs 355.4| LTP: Rs 352.05
7/9
Tata Power Company
200 DMA: Rs 392.41| LTP: Rs 388.95
8/9
Power Grid Corporation Of India
200 DMA: Rs 286.13| LTP: Rs 283.9
9/9
Tata Steel
200 DMA: Rs 189.04| LTP: Rs 188.71