TRADERS_AREA

PAYTM has retested and showing bullish signs

Long
NSE:PAYTM   ONE 97 COMMUNICATIONS LTD
hey guys ,
after a long DOWNTREND ,
PAYTM stock has shown a signs of recovery ,
from the very FIRST DAY , this stock was completely controlled by bears
but now , this stock was following a chart pattern called FALLING WEDGE
last week , this stock was trying to cross this pattern
ans it was SUCCESSFULLY COMPLETED .
And now this stock has retested
and it has shown a great green candle ,
which convince us to bet on this stock
and earn HIGH RETURNS
BUT FIRST CONSIDER THE GLOBAL SITUATIONS
.INFLATION
. WAR BETWEEN UKRAINE AND RUSSIA
. RISING BANK RATES
. AND INCREASING EXPORT DUTIES
AFTER CONSIDERING THESE SITUATIONS
YOU CAN BUY THIS STOCK
BUT PLS GUYS , SEE THAT IF MARKET IS OPENING GAP DOWN
THAT THIS STOCK IS UNDER HIS RESISTANCE AREA
THEN PLS WAIT AND LET THIS STOCK TRY TO CROSS HIS RESISTANCE AREA
and guys , if u like my analysis
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