Negative Breakout: These 10 stocks cross below their 200 DMAs

In the Nifty500 pack, the closing prices of 18 stocks fell below their 200-day moving averages (DMA) on February 19, according to StockEdge.com's technical scan data. Of these, we have highlighted 10 stocks that slipped more than 2%. 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:

200 DMA: Rs 879.78| LTP: Rs 857.6

200 DMA: Rs 1048.59| LTP: Rs 1023.55

200 DMA: Rs 996.49| LTP: Rs 976.5

200 DMA: Rs 3150.57| LTP: Rs 3107.1

200 DMA: Rs 1201.2| LTP: Rs 1188.6

200 DMA: Rs 502.15| LTP: Rs 497.85

200 DMA: Rs 419.73| LTP: Rs 416.4

200 DMA: Rs 466.25| LTP: Rs 464.5

200 DMA: Rs 1105.86| LTP: Rs 1104.5

200 DMA: Rs 1145.74| LTP: Rs 1145.60