Mirae Asset Sharekhan has issued sell recommendations for IRB Infra and Paytm in the stock market. According to analysts, IRB Infra has broken a flag pattern, signaling a potential downtrend towards Rs 38, with resistance levels at Rs 43.60 and Rs 45. On the other hand, Paytm has broken a rising wedge pattern and is anticipated to decline to Rs 720, encountering resistance at Rs 804 and Rs 822. Investors are advised to take note of these technical indicators and consider their selling strategies accordingly. It is essential for traders to stay updated on market trends and expert recommendations to make informed decisions in the volatile stock market environment.
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JUST IN
Mirae Asset Sharekhan advises selling IRB Infra and Paytm stocks amid bearish patterns, predicting downward trends.
In Trend
Indian stock market rebounds strongly after crash; Sensex above 74,300, Nifty50 surpasses 22,500 in opening trade.
