ETMarkets has identified five Indian stocks with bearish Moving Average Convergence Divergence (MACD) crossovers. The list includes cement manufacturer Ambuja Cements, private bank Axis Bank, electrical equipment company Havells India, adhesives maker Pidilite Industries, and automobile manufacturer Tata Motors. While the bearish crossover indicates a potential downward trend, investors should consider factors such as financial performance, market conditions, and industry trends before making any investment decisions.
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