PAYTM -- MAKE OR BREAK ---Flag pattern PAYTM --DAILY CHART ---MAKE OR BREAK --FLAG PATTERN.
1. PAYTM seen triple bottom formation on Daily chart shown as circle 1,2,3 AT Strong support line around 625-630 level
2. Flag pattern seen on chart
3. previously trendline breakdown seen at 760-770 level and stock fall towards 625-630 , consecutive support form at 3 times at this level
4. Stock on daily chart trading at lower channel make or break level , if support hold at 625-630 on next daily candle stock can go upside to 680 level short term bullish where lower channel resistance seen
5. if stock fall bellow 620 daily on candle then will fall to 580 level lower channel support short term .
***THIS IDEA IS FOR EDUCATIONAL PURPOSE ... TRADE AT OWN RISK !
HAPPY TRADING. !
OR
Tatasteel footsteps for you...!Tails are important for this stock to trade.
Suppose to trade tomorrow 285 above, then buy and hold ( Friday )
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Tatasteel TimeCycle and Parallel downward channel.
The price is trading at value low which is better to buy.
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tail is not valid for buy: