Negative Breakout: These 6 stocks cross below their 200 DMAs

source: news (news:india-et-markets)published 2026-10-08 02:07ingested 2026-10-08 02:57

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In the Nifty200 pack, six stocks' closing prices crossed below their 200-day moving averages (DMA) on October 7, 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 1005.84| LTP: Rs 993.4
200 DMA: Rs 1856.95| LTP: Rs 1841.8
200 DMA: Rs 4412.73| LTP: Rs 4377
200 DMA: Rs 431.03| LTP: Rs 427.9
200 DMA: Rs 1499.37| LTP: Rs 1488.5
200 DMA: Rs 1237.61| LTP: Rs 1230

document fetched 2026-10-08 02:57