12 Stocks Cross Below 200-Day Moving Average
Nifty200 Technical Alert: Negative Breakout
On **January 20**, a significant technical shift occurred within the **Nifty200** index. A total of **12** stocks closed below their **200-day moving average**, marking an entry into a negative breakout zone.
This specific crossover is a critical technical indicator often utilized to gauge long-term market health. The slip below this key average suggests a measurable weakening in momentum and indicates rising selling pressure across these counters.
Market participants typically view this formation as a signal of potential downside risks, reflecting a bearish turn in sentiment for the affected securities.