Adani Green shares up 0.36% as Nifty gains
Shares of Adani Green Energy Ltd. gained 0.36 per cent to Rs 2928.7 in Friday’s trade. It hit a high of Rs 2998.0 and low of Rs 2878.0 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 1508.84, while the 50-DMA was at Rs 2179.13. 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.
