Indraprastha Gas Ltd. shares falls 2.37% as Nifty drops
Shares of Indraprastha Gas NSE -0.25 % Ltd. slipped 2.37 per cent to Rs 437.85 in Thursday’s trade. It hit a high of Rs 450.0 and low of Rs 437.6 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 428.33, while the 50-DMA was at Rs 399.97. 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.
