PAYTM is trading within a well-defined ascending channel, and today's strong bullish candle is bouncing from the lower channel trendline. Volume has spiked near the lower channel trendline, reinforcing it as a strong support area.
Consider buying above 945, with short-term resistance at 975, which has been tested and rejected previously, and a major resistance level at 1,008.
Consider buying above 945, with short-term resistance at 975, which has been tested and rejected previously, and a major resistance level at 1,008.
Trade closed: target reached
Both the targets are reached
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.