Negative Breakout: These 10 stocks close cross below their 200 DMAs – Bear Signal – News Air Insight

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In the Nifty200 pack, 10 stocks’ close prices crossed below their 200 DMA (Daily Moving Averages) on September 24, according to stockedge.com’s technical scan data. Trading below the 200 DMA is 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 to determine a particular stock’s overall trend. Take a look:



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