Nifty is currently placed near the strong weekly support of around 16,800 levels, which is an intermediate ascending trend line and also horizontal line support as per change in polarity, analysts said.
Negative Breakout: These 10 stocks cross below their 200 DMAs
In the Nifty200 pack, 10 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on June 23, according to stockedge.com’s technical scan data.