Bearish Signs

In the NSE list of stocks with a market cap over Rs 1,000 crore, four stocks are witnessing Death Crossovers, according to StockEdge.com's technical scan data. The death cross is a technical indicator of bearishness. It appears on a chart when a stock’s short-term simple moving average (SMA) crosses below its long-term moving average. These stocks' 50-day SMAs crossed below their 200-day SMAs on February 6. Take a look: