Traders in Paytm's stock are now trapped in the auction trap at high prices?

(Commercial Representative) MUMBAI: Paytm-One2Communications Ltd's massive discount listing of stocks and the day after, the stock crashing in the day after the banks' high interest financing by making huge applications for crores of rupees in IPOs, feeding the high networth investor class The market is discussing the operation to trap the class that hit the stocks and by jumping the stock from the bottom of Rs 151 to more than 3% in just two days, the game of trapping this class is now being played.

There was also a discussion about the looting of the people who used to trade in box trading and those who dared to trade in vain by taking them in a trap and plundering them into the pit of loss.

Global brokerage giant Macquarie stated in the first report just before the company's IPO that Paytm's share over valuation was being issued and after giving a target price of Rs. Prices were listed at a discount of Rs 2,150 and fell by 30 per cent to a low of Rs 121 on Monday, November 4, 2021.

The price target of Rs 1,200 has been set by the funds to trap those who dare to trade in stocks with the sale of stocks at a higher price in two days. The game of getting down into the pit is known to be played.

Paytm's stock surged 3% in just two days, with sales of the headwinds plummeting and the stock rising sharply. Which had reached above Rs.150 today.