ramumaurya

PAYTM chart analysis

Short
ramumaurya Updated   
NSE:PAYTM   ONE 97 COMMUNICATIONS LTD
PAYTM chart analysis
the weekly chart shows bearish because the rising wedge pattern breakdown and the MACD oscillator and volume show a double bearish divergence.
the weekly support of 738.70 will broken
the next support will be 438.35
Comment:
Paytm chart analysis

The weekly chart is showing bearish due to the breakdown of the rising wedge pattern!
A double bearish divergence has formed in the MACD oscillator and volume indicator.
Weekly support at the price level of 738.70 has been broken on the charts
The next support at the price level of 438.35 on the chart
Comment:
Latest Update Paytm Target has touched Weekly Swing Low Support = Price 438/--.
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