HPCL shares fall 0.68% as Nifty gains
Shares of Hindustan Petroleum Corporation Ltd NSE 4.13 %. slipped 0.68 per cent to Rs 225.25 in Tuesday’s trade. It hit a high of Rs 228.95 and low of Rs 223.2 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 285.57, while the 50-DMA was at Rs 241.57. 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.
