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Negative Breakout on April 17: 4 stocks cross below their 200 DMAs

Apr 18, 2025, 11:42:34 AM IST

Downside Ahead

In the NSE list of stocks with a market cap of over Rs 10,000 crore, four stocks' close prices crossed below their 200 DMA (Daily Moving Averages) on April 17, 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:

ETMarkets.com

Akzo Nobel India

200 DMA: Rs 3,511.4 | LTP: Rs 3,494.5

ETMarkets.com

Aegis Logistics

200 DMA: Rs 788.14 | LTP: Rs 787

ETMarkets.com

Godrej Agrovet

200 DMA: Rs 763 | LTP: Rs 762

ANI

Torrent Power

200 DMA: Rs 1,592.07 | LTP: Rs 1,591

ETMarkets.com

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