PAYTM- HOURLY CHART -- INTRADAY SETUP -- 22/08/2022
1. PAYTM after making high at 840 sub level , profit booking seen and correction at last 2-3 session .
2. stock seen breakdown at hourly trendline 2 consectutive time upper channel breakdown also seen .
3. stcok at currently at strong support line around 770 level possibilities of pullback from this level for confirmation hourly / 15 min candle should close above 775 level then buy can initiate at intraday for target 780-790-800
4. breakdown at support 770 confirmation if stock close candle hourly/ 15 min bellow 765 short position can initiate for target 760- 750
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk !!
HAPPY TRADING !!
1. PAYTM after making high at 840 sub level , profit booking seen and correction at last 2-3 session .
2. stock seen breakdown at hourly trendline 2 consectutive time upper channel breakdown also seen .
3. stcok at currently at strong support line around 770 level possibilities of pullback from this level for confirmation hourly / 15 min candle should close above 775 level then buy can initiate at intraday for target 780-790-800
4. breakdown at support 770 confirmation if stock close candle hourly/ 15 min bellow 765 short position can initiate for target 760- 750
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk !!
HAPPY TRADING !!
Comment:
paytm intraday long trade --target 790 hit.. !