T_Harth

PAYTM Breakout Buy Signal!

Long
T_Harth Updated   
NSE:PAYTM   ONE 97 COMMUNICATIONS LTD
Attached: PAYTM Daily Chart as of 5th May 2023

Everybody is talking about ONDC on Twitter and how it is disrupting Zomato and Swiggy. Apparently you can use ONDC via PAYTM to order food online

(Note: Open Network for Digital Commerce (ONDC) is an initiative aiming at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks)

And the Stock Chart of PAYTM also shows Investor Interest/ Buying Activity
Price gave a Breakout Buy Signal on Friday 5th May supported by Volume Activity on the back of this ONDC Disruption News
Trade closed manually:
Lack of follow up after initial spurt
Trade active:
Can get back into the Trade, Continuation Pattern observed
Trade closed: target reached:
800 Target Done and Dusted

Siddharth Bhansali

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