Indraprastha Gas Ltd. shares up 0.71% as Nifty drops
Shares of Indraprastha Gas NSE 0.44 % Ltd. gained 0.71 per cent to Rs 522.9 in Wednesday’s trade. It hit a high of Rs 529.25 and low of Rs 513.6 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 455.19, while the 50-DMA was at Rs 531.73. 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.
