InterGlobe Aviation Ltd. shares up 0.39% as Nifty gains

Shares of InterGlobe Aviation NSE -0.24 % Ltd. gained 0.39 per cent to Rs 1712.15 in Tuesday’s trade. It hit a high of Rs 1727.05 and low of Rs 1693.75 during the session.

On the technical charts, the 200-DMA of the stock stood at Rs 1359.77, while the 50-DMA was at Rs 1658.63. 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.

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