InterGlobe Aviation Ltd. shares fall 3.0% as Nifty gains
Shares of InterGlobe Aviation NSE -3.04 % Ltd. slipped 3.0 per cent to Rs 1613.25 in Friday’s trade. It hit a high of Rs 1676.0 and low of Rs 1600.3 during the session.
On the technical charts, the 200-DMA of the stock stood at Rs 1398.85, while the 50-DMA was at Rs 1653.1. 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.
