Adani Transmission shares up 0.13% as Nifty gains
Shares of Adani Transmission Ltd NSE 2.60 %. gained 0.13 per cent to Rs 3040.4 in Monday’s trade. It hit a high of Rs 3063.0 and low of Rs 2970.5 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 2635.38, while the 50-DMA was at Rs 3628.78. 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.
