Adani Green shares up 1.57% as Nifty gains
Shares of Adani Green Energy Ltd NSE 2.08 %. gained 1.57 per cent to Rs 2136.05 in Monday’s trade. It hit a high of Rs 2150.9 and low of Rs 2109.45 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 1874.25, while the 50-DMA was at Rs 1969.77. 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.
