Stocks to Watch: BSE PB Fintech and Paytm Set for Gains

Sudeep Shah, the Head of Technical and Derivatives Research at SBI Securities, has identified BSE, PB Fintech, and Paytm as stocks that are expected to experience upward movement in the upcoming trading sessions.

BSE recently broke out from an ascending triangle pattern on a daily scale, with strong trading volume supporting this breakout. PB Fintech has also broken out from a stage-2 cup pattern on a weekly scale, with significant volume confirming this breakout. Shah believes that Paytm will continue to move upwards as long as it establishes higher peaks and troughs. The stock's momentum indicators and oscillators are showing strong bullish momentum, indicating a positive outlook for investors.

Additionally, market watchers are speculating whether the Nifty index will remain rangebound for a few sessions before potentially advancing towards the 25,000-25,200 zone.

Trending
Subcategory:
Countries:
Companies:
Currencies:
People:

Machinary offers a groundbreaking, modular, and customizable solution that provides advanced financial news and statistical analysis. Our platform goes beyond traditional quantitative analysis, offering users a comprehensive understanding of real-time market dynamics, event detection, and risk analysis.

Address

Waitlist

We’re granting exclusive early access to the first 500 users from december 20.

© 2024 by Machinary.com - Version: 1.0.0.0. All rights reserved

Layout

Color mode

Theme mode

Layout settings