Economic Times | 21/02/2022 11:38 AM | Click to read full article
Shares of Shree Cements Ltd. gained 0.39 per cent to Rs 24447.4 in Monday's trade. It hit a high of Rs 24500.0 and low of Rs 24060.05 during the session.
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.