Shares of Adani Total Gas NSE 4.02 % Ltd. gained 2.88 per cent to Rs 2792.45 in Tuesday’s trade. It hit a high of Rs 2814.85 and low of Rs 2689.6 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 1932.52, while the 50-DMA was at Rs 2394.78. If a stock trades above 50-DMA and 200-DMA, it usually means the immediate trend is upward. On the other hand, if the stock trades below 50-DMA and 200-DMA, it is considered a bearish trend and if trades between these averages, then it suggests the stock can go either way.
