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The 200-day moving average (200 DMA) is a widely used technical indicator in financial markets. It is calculated by taking the average closing prices of a security over the past 200 days.  One of the primary reasons the 200-day moving average is popular is its ability to act as a support or resistance level. 

When a stock’s price is below the 200 DMA, it is often considered to be in a bearish phase. However, it could also present a buying opportunity if the stock shows signs of reversal or if it is oversold.

The stocks to watch out for are listed below

Infosys Ltd

Infosys is a global leader in technology services and consulting, headquartered in Bengaluru, India. Founded in 1981, the company provides business consulting, IT, and outsourcing services. It serves clients across various industries, including finance, healthcare, and retail, and is known for its strong emphasis on innovation and digital transformation.

With a market capitalization of Rs. 6,65,223.68 crores on Monday, the stock closed at Rs. 1,601.30 per share, which is below its 200-day moving average of Rs. 1,756.30  in a day’s time frame. The stock is currently down by 8.8  percent from its 200-day moving average.

Bajaj Auto Ltd

Bajaj Auto is one of India’s leading manufacturers of two-wheelers and three-wheelers. Founded in 1945 and headquartered in Pune, it is part of the Bajaj Group. The company exports to numerous countries and is known for iconic brands like Pulsar, Avenger, and RE (auto-rickshaws). It focuses on innovation, fuel efficiency, and affordability.

With a market capitalization of Rs. 2,34,101.65 crores on Monday, the stock closed at Rs. 8,383.00 per share, which is below its 200-day moving average of Rs. 9,070.38  in a day’s time frame. The stock is currently down by 7.7  percent from its 200-day moving average.

Asian Paints Ltd

Asian Paints is India’s largest paint company and a leading player in the global decorative coatings industry. Established in 1942, it offers a wide range of paints for decorative and industrial use. The company also has a growing presence in home décor, including waterproofing and furniture, and it operates in numerous countries across the world.

With a market capitalization of Rs. 2,24,581.77 crores on Monday, the stock closed at Rs. 2,341.35 per share, which is below its 200-day moving average of Rs. 2,492.16  in a day’s time frame. The stock is currently down by 6.2  percent from its 200-day moving average.

Lupin Ltd

Lupin is a global pharmaceutical company headquartered in Mumbai, India, founded in 1968. It specializes in branded and generic formulations, biotechnology products, and active pharmaceutical ingredients (APIs). Lupin is known for its strong presence in cardiovascular, diabetes, and respiratory segments. It operates in numerous countries with a major presence in the U.S. and Japan.

With a market capitalization of Rs. 88,443.08 crores on Monday, the stock closed at Rs. 1,936.50 per share, which is below its 200-day moving average of Rs. 2,085.14  in a day’s time frame. The stock is currently down by 7  percent from its 200-day moving average.

Dabur India Ltd

Dabur is one of India’s oldest and most trusted consumer goods companies, founded in 1884. It specializes in Ayurvedic and natural health care products across personal care, health supplements, and food segments. Key brands include Dabur Chyawanprash, Vatika, and Real Juices. The company has a significant presence in India and overseas markets.

With a market capitalization of Rs. 85,961.89 crores on Monday, the stock closed at Rs. 484.65 per share, which is below its 200-day moving average of Rs. 519.20  in a day’s time frame. The stock is currently down by 6.5  percent from its 200-day moving average.

Written by Sridhar J   

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