Technical Analysis: Stocks depicting death crossover in October
Death crossover demands reviewing the stocks and taking appropriate actions. Here is the list of stocks having death crossover this month.
Today, October 29, 2021, is the last trading session of the month. The second half of October 2021 was not as enticing as the first half. In the first half of the month, markets soared around 7%, whereas in the second half it shed almost 80% of the gains made in the first half. Though it took good support at its 50-Day Exponential Moving Average (EMA), it is still trading below its 20-Day EMA. In such a case, it does make sense to look at stocks depicting death crossover.
The death crossover is nothing but a technical chart pattern that suggests a potential sell-off. The death crossover is witnessed when a stock’s short-term moving average crosses its long-term moving average from above. Usually, traders look at a negative crossover of 50-Day Moving Average (DMA) and 200-DMA.
Stocks |
Last Traded Price (Rs)* |
Per cent Change |
50 DMA |
200 DMA |
Crossover Date |
Apollo Tyres Ltd. |
215.5 |
1.2% |
222.8 |
223.1 |
Oct 28, 2021 |
Indraprastha Gas Ltd. |
470.6 |
1.7% |
529.0 |
530.1 |
Oct 28, 2021 |
MMTC Ltd. |
42.4 |
-0.1% |
44.8 |
44.9 |
Oct 28, 2021 |
MOIL Ltd. |
157.3 |
-0.1% |
165.0 |
166.0 |
Oct 26, 2021 |
National Fertilizers Ltd. |
54.8 |
0.2% |
56.6 |
57.0 |
Oct 25, 2021 |
Dhanuka Agritech Ltd. |
727.9 |
-1.0% |
823.7 |
833.8 |
Oct 25, 2021 |
NMDC Ltd. |
141.2 |
4.9% |
148.7 |
151.9 |
Oct 22, 2021 |
Sharda Cropchem Ltd. |
305.6 |
0.1% |
320.0 |
321.9 |
Oct 21, 2021 |
Bayer Cropscience Ltd. |
4,995.0 |
-0.2% |
5,322.4 |
5,414.9 |
Oct 21, 2021 |
NCC Ltd. |
71.3 |
0.2% |
79.4 |
81.0 |
Oct 20, 2021 |
Vaibhav Global Ltd. |
577.0 |
-6.7% |
723.1 |
747.2 |
Oct 14, 2021 |
Granules India Ltd. |
309.3 |
-0.3% |
327.4 |
336.6 |
Oct 13, 2021 |
Kaveri Seed Company Ltd. |
522.7 |
-0.1% |
573.7 |
611.4 |
Oct 13, 2021 |
Rallis India Ltd. |
263.6 |
0.7% |
287.0 |
292.6 |
Oct 11, 2021 |
Natco Pharma Ltd. |
819.8 |
-0.8% |
913.8 |
943.4 |
Oct 11, 2021 |
Hindustan Copper Ltd. |
128.0 |
-0.8% |
122.0 |
128.6 |
Oct 08, 2021 |
Alembic Ltd. |
104.0 |
-0.7% |
111.3 |
113.8 |
Oct 07, 2021 |
Sequent Scientific Ltd. |
192.2 |
-5.3% |
219.3 |
248.5 |
Oct 04, 2021 |
Glenmark Pharmaceuticals Ltd. |
503.1 |
1.7% |
519.2 |
549.5 |
Oct 04, 2021 |
Shriram Transport Finance Company Ltd. |
1,466.8 |
-1.5% |
1,355.5 |
1,364.6 |
Oct 01, 2021 |
* Last Traded Price (Rs) while writing. |
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Tanushree Jaiswal
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