Indraprastha Gas Ltd. shares falls 1.54% as Nifty gains
Shares of Indraprastha Gas NSE -1.17 % Ltd. slipped 1.54 per cent to Rs 477.05 in Friday’s trade. It hit a high of Rs 489.0 and low of Rs 475.05 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 424.41, while the 50-DMA was at Rs 415.43. 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.
