Dying Crossovers: These 5 shares sign bearishness on March 18 – Bearish Indicators

Within the NSE checklist of shares with a market cap over Rs 10,000 crore, 5 shares are witnessing Dying Crossovers, in keeping with stockedge.com’s technical scan knowledge. The dying cross is a technical indicator of bearishness. The dying cross seems on a chart when a inventory’s short-term easy shifting common (SMA) crosses beneath its long-term shifting common on the draw back. These shares’ 50-day SMA crossed beneath their 200-day SMAs on March 17. Have a look: