Petronet LNG Ltd. shares falls 1.08% as Nifty gains

Shares of Petronet LNG NSE -1.50 % Ltd. slipped 1.08 per cent to Rs 220.3 in Monday’s trade. It hit a high of Rs 223.5 and low of Rs 218.95 during the session.

On the technical charts, the 200-DMA of the stock stood at Rs 242.79, while the 50-DMA was at Rs 234.53. 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 conside