Moolchand Sharma 
As we analysed in the Friday trade setup, it would be difficult for Nifty to cross the 24,359 level, which was the recent high. The market had already attempted twice to break that level, and made another attempt during Friday’s session. However, by the end, it faced sharp selling pressure from the highs. After opening … Read more
Paytm was the first company to introduce digital payment services in India. It experienced a major boost when the Indian government announced demonetization as a step to fight corruption. During that period, Paytm significantly increased its market share, as people were encouraged to use digital payments more frequently. This situation proved highly beneficial for Paytm … Read more
In Wednesday’s trade setup, the market showed a straightforward upward movement, clearly signalling that the ongoing India-Pakistan conflict is not having much of an impact. After the opening, the market experienced sharp selling, but it found support at the 1-hour moving average. From there, it rebounded, recovered all its losses, and closed near a positive … Read more
The market is showing vulnerable movements due to rising tensions between India and Pakistan over the Pahalagam attack. Yesterday, on Friday trade setup, the market fell nearly 200 points, closing near 24,039.35. It made a low of around 23,845, effectively retesting one of the most important levels, which has now become a support at 23,869. … Read more