We all know what’s happening in the Paytm shares.
Since its inception, the share price is falling. Even if we ignore the fundamentals of the company the technical analysis is also not very supportive. So do not think about buying this share right now.
What is the right time to buy this share for long-term investment?
To analyze this share I’m using AVWAP and RSI 14.
The first and most important criterion is to let the price cross the AVWAP line for once. Second is RSI 14 to cross the 60 level in the weekly chart and the 40 level in Daily Chart.
Since its inception, the share price is falling. Even if we ignore the fundamentals of the company the technical analysis is also not very supportive. So do not think about buying this share right now.
What is the right time to buy this share for long-term investment?
To analyze this share I’m using AVWAP and RSI 14.
The first and most important criterion is to let the price cross the AVWAP line for once. Second is RSI 14 to cross the 60 level in the weekly chart and the 40 level in Daily Chart.