Indraprastha Gas Ltd. shares falls 1.79% as Nifty drops
Shares of Indraprastha Gas NSE -3.23 % Ltd. slipped 1.79 per cent to Rs 523.5 in Friday’s trade. It hit a high of Rs 536.0 and low of Rs 523.0 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 443.94, while the 50-DMA was at Rs 503.18. 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.
