Motilal Oswal’s Taparia turns bullish on Paytm
In short
Chandan Taparia of Motilal Oswal said Paytm looks bullish on the charts. He pointed to a bullish candle and the stock holding its 50-DEMA support.
This matters to investors watching the share price, but the report does not give a target price or say whether any new business news drove the call.
What the reporting says
Chandan Taparia of Motilal Oswal said Paytm shows a bullish candle and has held its 50-DEMA support on technical charts. The report frames these chart signals as the reason for his positive view on the stock. It does not give a target price, time frame, or whether this view is tied to any fresh company announcement.
Why it matters
Chandan Taparia of Motilal Oswal is reported as bullish on Paytm after seeing a bullish candle and support at the 50-DEMA level on technical charts. The story is about a stock-call, not a company filing or earnings update, and it does not provide a price target or catalyst. The immediate relevance is to traders following Paytm shares.