• Home
  • Business News
  • Negative Breakout: 4 stocks cross below their 200 DMAs – Negative Breakout
Image

Negative Breakout: 4 stocks cross below their 200 DMAs – Negative Breakout

WhatsApp Group Join Now
Telegram Group Join Now
Instagram Group Join Now



In the Nifty500 pack, four stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on June 16, 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:



Source link

Releated Posts

Jiraaf launches India’s first Bond Analyser to decode fixed-income investing

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now 2The bond market is growing rapidly…

ByByAjay jiJun 17, 2025

Digital Rupee vs Crypto: What the debate misses about the future of money

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now India is in the midst of…

ByByAjay jiJun 17, 2025

Neeraj Dewan on Israel-Iran conflict and why he prefers to bet on domestic consumption

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Neeraj Dewan, Market Expert, says he…

ByByAjay jiJun 17, 2025

Nifty Internet index outperforms peers with 19% returns since Feb launch. Is the dotcom boom here to stay?

WhatsApp Group Join Now Telegram Group Join Now Instagram Group Join Now Launched on February 28 this year,…

ByByAjay jiJun 17, 2025

Leave a Reply

Your email address will not be published. Required fields are marked *

Scroll to Top