Negative Breakout : These 7 stocks cross below their 200 DMAs

In the Nifty200 pack, 7 stocks' closing prices crossed below their 200-day moving averages (DMA) on October 1, 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. (…)