Negative Breakout: These 9 stocks cross below their 200 DMAs

In the Nifty200 pack, 9 stocks' closing prices crossed below their 200 DMA (Daily Moving Averages) on July 8, 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:

200 DMA: Rs 2790.62| LTP: Rs 2709.5

200 DMA: Rs 209.89| LTP: Rs 203.84

200 DMA: Rs 542.85| LTP: Rs 530.6

200 DMA: Rs 3950.67| LTP: Rs 3892.1

200 DMA: Rs 26289.72| LTP: Rs 25910

200 DMA: Rs 189.84| LTP: Rs 188.2

200 DMA: Rs 1100.09| LTP: Rs 1091.7

200 DMA: Rs 4391.56| LTP: Rs 4364.7

200 DMA: Rs 2660.42| LTP: Rs 2659.2