Oil prices dipped Tuesday after President Trump delayed a planned military strike on Iran, following appeals from Middle Eastern leaders. This de-escalation eased immediate concerns over global crude supply disruptions. Analysts warn that a prolonged closure of the Strait of Hormuz could still impact markets significantly.
Negative Breakout: These 8 midcap stocks cross below their 200 DMAs
In the NSE midcap pack, 8 stocks’ closing prices crossed below their 200 DMA (Daily Moving Averages) on May 18, according to stockedge.com’s technical scan