Negative Breakout: These 8 stocks cross below their 200 DMAs

In the Nifty500 pack, eight stocks' closing prices crossed below their 200-day moving averages (DMA) on October 08, 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 1289.24| LTP: Rs 1251.5

200 DMA: Rs 1822.15| LTP: Rs 1771.2

200 DMA: Rs 168.96| LTP: Rs 166.25

200 DMA: Rs 1685.13| LTP: Rs 1663.3

200 DMA: Rs 2206.42| LTP: Rs 2192.2

200 DMA: Rs 1353.19| LTP: Rs 1349

200 DMA: Rs 4824.25| LTP: Rs 4813.1

200 DMA: Rs 188.19| LTP: Rs 188