PAYTM -INTRADAY - 26/04/2022
Updated
PAYTM - HOURLY CHART-- INTRADAY SETUP --26/04/2022
1. Earlier consolidation from 525-585 level was breakout and stock make high above 700 level ,
2 Now after correction stock at lower channel seen back to same level where breakout made earlier around 580-590
3. stock at oversold level on hourly chart wave trend indicator seen turn neutral
4. strong support at 590-595 stock can bounce from this level for target 610-625 as per channel shown on intraday with stop loss bellow 585
5. bellow 580 stock can fall further to level of 550 in short term
BUY PAYTM intraday between 590-595
TARGET 610-625
stop loss bellow 585
THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk
HAPPY TRADING. !!
1. Earlier consolidation from 525-585 level was breakout and stock make high above 700 level ,
2 Now after correction stock at lower channel seen back to same level where breakout made earlier around 580-590
3. stock at oversold level on hourly chart wave trend indicator seen turn neutral
4. strong support at 590-595 stock can bounce from this level for target 610-625 as per channel shown on intraday with stop loss bellow 585
5. bellow 580 stock can fall further to level of 550 in short term
BUY PAYTM intraday between 590-595
TARGET 610-625
stop loss bellow 585
THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk
HAPPY TRADING. !!
Note
intraday 1st target 610 HIT. !! 9.20 AM --26/04/2022Note
intraday high 622 - 11.22 am - 26/04/2022
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