Negative Breakout: These 9 stocks closed below their 200 DMAs

Among NSE-listed stocks with a market capitalisation exceeding Rs 10,000 crore, the closing prices of nine stocks fell below their 200-day moving average (DMA) on June 5, 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 used as a key indicator by traders for determining the overall trend in a particular stock. Take a look:​

200 DMA: Rs 602.6| LTP: Rs 595.5

200 DMA: Rs 1140.72| LTP: Rs 1130.9

200 DMA: Rs 21.28| LTP: Rs 21.17

200 DMA: Rs 1046.95| LTP: Rs 1042.6

200 DMA: Rs 700.4| LTP: Rs 697.95

200 DMA: Rs 1085.44| LTP: Rs 1083.8

200 DMA: Rs 400.58| LTP: Rs 400.5

200 DMA: Rs 855.52| LTP: Rs 855.35