Mirae Asset Sharekhan advises selling IRB Infra and Paytm stocks as technical patterns signal downtrend.

Mirae Asset Sharekhan has recommended selling IRB Infrastructure and Paytm in the stock market. According to analysts, IRB Infra’s recent break of a flag pattern suggests a potential downtrend, with a target price of Rs 38 and resistance levels at Rs 43.60 and Rs 45. On the other hand, Paytm’s break of a rising wedge pattern indicates a likely decline towards Rs 720, with resistance at Rs 804 and Rs 822. Investors are advised to consider these sell recommendations as part of their investment strategy in the current market conditions.

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