The Google play store has introduced a new payment mode through Unified Payment Interface (UPI). The users can directly use bank accounts to pay for games, app and in-app content on Android smartphones, which includes payment made for movies, books and other content that user can buy from Play Store. UPI platforms such as BHIM, Google Pay and Phone Pe will all be applicable for these payments.
In August 2017, the government’s UPI payments mode has grown by over 50 times, according to Goggle. In August 2019, there were over 918 million UPI transactions. Data from the National Payments Corporation of India (NPCI) shows that UPI-based digital payments clocked 754.54 million transactions in June 2019, with a total worth of Rs 1.46 trillion and a rise of 2.8%.
However, Google is allowed to the user that to pay through debit/credit card, along with net banking, carrier payment or more. Moreover, UPI makes it simpler for the user to make payment directly from their bank accounts. Users will have to add their UPI ID to the Play Store to use this service.
Additionally, the platform could also incentivise users to make payments for apps and games. Indian users have been known to show reluctance towards paying for apps on their smartphones, and experts have often credited the same to a lack of convenient means of payments.
Read EquityPandit’s Nifty Outlook for the Week

NIFTY IT Outlook for the Week (June 03, 2024 – June 07, 2024)

Technically, NIFTY IT share price will see immediate support at 31,702.25 and immediate resistance would be seen at 33,648.50.
If NIFTY IT share price closes below immediate support of 31,702.25, then sharp breakdown can be seen. NIFTY IT share price will see major support at 31,018.40 for the week.
On the positive side, immediate resistance will be seen at 33,648.50. Closing above 33,648.50, NIFTY IT share price will see a sharp breakout. Major resistance for NIFTY IT share price will be seen at 34,910.90 for the week.
Trading range for NIFTY IT share price for this week should be between 29,756.00 on down side and 35,594.75 on up side.
NIFTY IT Previous Week High: 34227.05
NIFTY IT Previous Week Low: 32280.8
NIFTY IT Previous Week Range: 1946.25 Points
NIFTY IT share price support and resistance for the week (June 03, 2024 – June 07, 2024)
Level Type | Value |
---|---|
Resistance 3 | 35,594.75 |
Resistance 2 | 34,910.90 |
Resistance 1 | 33,648.50 |
Support 1 | 31,702.25 |
Support 2 | 31,018.40 |
Support 3 | 29,756.00 |
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NIFTY IT Outlook for the Week (May 27, 2024 – May 31, 2024)

Technically, NIFTY IT share price will see immediate support at 33,311.35 and immediate resistance would be seen at 34,217.65.
If NIFTY IT share price closes below immediate support of 33,311.35, then sharp breakdown can be seen. NIFTY IT share price will see major support at 32,798.40 for the week.
On the positive side, immediate resistance will be seen at 34,217.65. Closing above 34,217.65, NIFTY IT share price will see a sharp breakout. Major resistance for NIFTY IT share price will be seen at 34,611.00 for the week.
Trading range for NIFTY IT share price for this week should be between 32,405.05 on down side and 35,123.95 on up side.
NIFTY IT Previous Week High: 34098.05
NIFTY IT Previous Week Low: 33191.75
NIFTY IT Previous Week Range: 906.3 Points
NIFTY IT share price support and resistance for the week (May 27, 2024 – May 31, 2024)
Level Type | Value |
---|---|
Resistance 3 | 35,123.95 |
Resistance 2 | 34,611.00 |
Resistance 1 | 34,217.65 |
Support 1 | 33,311.35 |
Support 2 | 32,798.40 |
Support 3 | 32,405.05 |
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NIFTY IT Outlook for the Week (May 20, 2024 – May 24, 2024)

Technically, NIFTY IT share price will see immediate support at 32,778.50 and immediate resistance would be seen at 33,875.95.
If NIFTY IT share price closes below immediate support of 32,778.50, then sharp breakdown can be seen. NIFTY IT share price will see major support at 32,175.15 for the week.
On the positive side, immediate resistance will be seen at 33,875.95. Closing above 33,875.95, NIFTY IT share price will see a sharp breakout. Major resistance for NIFTY IT share price will be seen at 34,370.05 for the week.
Trading range for NIFTY IT share price for this week should be between 31,681.05 on down side and 34,973.40 on up side.
NIFTY IT Previous Week High: 33766.7
NIFTY IT Previous Week Low: 32669.25
NIFTY IT Previous Week Range: 1097.45 Points
NIFTY IT share price support and resistance for the week (May 20, 2024 – May 24, 2024)
Level Type | Value |
---|---|
Resistance 3 | 34,973.40 |
Resistance 2 | 34,370.05 |
Resistance 1 | 33,875.95 |
Support 1 | 32,778.50 |
Support 2 | 32,175.15 |
Support 3 | 31,681.05 |
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NIFTY IT Outlook for the Week (May 13, 2024 – May 17, 2024)

Technically, NIFTY IT share price will see immediate support at 32,639.30 and immediate resistance would be seen at 33,378.25.
If NIFTY IT share price closes below immediate support of 32,639.30, then sharp breakdown can be seen. NIFTY IT share price will see major support at 32,343.45 for the week.
On the positive side, immediate resistance will be seen at 33,378.25. Closing above 33,378.25, NIFTY IT share price will see a sharp breakout. Major resistance for NIFTY IT share price will be seen at 33,821.35 for the week.
Trading range for NIFTY IT share price for this week should be between 31,900.35 on down side and 34,117.20 on up side.
NIFTY IT Previous Week High: 33525.5
NIFTY IT Previous Week Low: 32786.55
NIFTY IT Previous Week Range: 738.95 Points
NIFTY IT share price support and resistance for the week (May 13, 2024 – May 17, 2024)
Level Type | Value |
---|---|
Resistance 3 | 34,117.20 |
Resistance 2 | 33,821.35 |
Resistance 1 | 33,378.25 |
Support 1 | 32,639.30 |
Support 2 | 32,343.45 |
Support 3 | 31,900.35 |
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NIFTY IT Outlook for the Week (May 06, 2024 – May 10, 2024)

Technically, NIFTY IT share price will see immediate support at 32,468.32 and immediate resistance would be seen at 33,570.67.
If NIFTY IT share price closes below immediate support of 32,468.32, then sharp breakdown can be seen. NIFTY IT share price will see major support at 32,028.23 for the week.
On the positive side, immediate resistance will be seen at 33,570.67. Closing above 33,570.67, NIFTY IT share price will see a sharp breakout. Major resistance for NIFTY IT share price will be seen at 34,232.93 for the week.
Trading range for NIFTY IT share price for this week should be between 31,365.97 on down side and 34,673.02 on up side.
NIFTY IT Previous Week High: 33792.85
NIFTY IT Previous Week Low: 32690.5
NIFTY IT Previous Week Range: 1102.35 Points
NIFTY IT share price support and resistance for the week (May 06, 2024 – May 10, 2024)
Level Type | Value |
---|---|
Resistance 3 | 34,673.02 |
Resistance 2 | 34,232.93 |
Resistance 1 | 33,570.67 |
Support 1 | 32,468.32 |
Support 2 | 32,028.23 |
Support 3 | 31,365.97 |
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