Mirae Asset Sharekhan, a leading financial institution, has recently issued sell recommendations for two prominent stocks in the Indian market. According to their analysis, IRB Infra has shown a break in a flag pattern, signaling a potential downtrend with a target price of Rs 38. The stock is likely to face resistance levels at Rs 43.60 and Rs 45. On the other hand, Paytm has broken a rising wedge pattern, indicating a possible decline towards Rs 720, with resistance expected at Rs 804 and Rs 822. Investors are advised to carefully consider these recommendations before making any trading decisions. It is crucial to stay informed about the latest market trends and expert opinions to navigate the volatile stock market effectively.
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Mirae Asset Sharekhan suggests selling IRB Infra and Paytm stocks due to bearish patterns.
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