Adani Green shares fall 0.54% as Nifty gains
Shares of Adani Green Energy Ltd NSE -1.34 %. slipped 0.54 per cent to Rs 2078.35 in Friday’s trade. It hit a high of Rs 2150.0 and low of Rs 2021.05 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 1796.96, while the 50-DMA was at Rs 2024.15. 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.
