Adani Green shares fall 0.08% as Nifty gains
Shares of Adani Green Energy Ltd. slipped 0.08 per cent to Rs 934.0 in Wednesday’s trade. It hit a high of Rs 962.0 and low of Rs 934.0 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 1075.2, while the 50-DMA was at Rs 1017.95. 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.
