Adani Transmission shares up 1.54% as Nifty gains
Shares of Adani Transmission Ltd NSE 1.47 %. gained 1.54 per cent to Rs 3658.0 in Thursday’s trade. It hit a high of Rs 3755.25 and low of Rs 3622.6 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 2560.38, while the 50-DMA was at Rs 3608.41. 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.
