Petronet LNG Ltd. shares falls 1.88% as Nifty gains

Shares of Petronet LNG NSE -1.09 % Ltd. slipped 1.88 per cent to Rs 219.75 in Wednesday’s trade. It hit a high of Rs 222.8 and low of Rs 218.8 during the session.

On the technical charts, the 200-DMA of the stock stood at Rs 244.91, while the 50-DMA was at Rs 239.08. 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 eith

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