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Paytm

Ascending triangle breakout in PAYTM ?Ascending Triangle Breakout in PAYTM in Daily Chart. After the continues down fall from the listing, now, the downside momentum was paused. Bulls are slowly taking control of the stock, Previously they tired for breakout but stock was stuck in 750-770 range. Then stock came around 680 range where there was a strong trend line support. Next day formed inside bar candle, by that again bulls paused further downside movement. Now, the stock broke its previous 750-770 range with good candle supported by volume. So, 770 range will be immediate support, 720 will be next Important support Stock has a potential to reach 930 level in coming days. If any one taking trade now, 730 will be SL. Any one taking position for retest, then Risk taker keep 678 as SL. For less Risk taker 697 will the SL. Overall analysis is given in the chart. This is just a view not a recommendation to trade. Do your own analysis before taking trade. NSE:PAYTM
NSE:PAYTMLong
by KaravaliTradingZone_Official
PAYTM -- INTRADAY SETUP- 27/07/2022PAYTM -- 15 MIN CHART -- INTRADAY SETUP -- 27/07/2022 1. Last trading session paytm seen profit booking at hourly upper channel resistance level above 750 level and sharp fall seen from that level stock seen big correction of 7-8% towards sub 690 level 2. RSI and matrix indicators also shown overbought level from there stock fall towards oversold level now 15 min chart 3. This fall technically shown as death cross negative cross of 21,44,200 HMA , circle mark as death cross level seems stock falls sharply 4. at present stock at oversold level so some bounce can seen intraday next session buy around 695-698 target 705-710-720 and stop loss bellow 687 level 5. HAMMER AND INVERSE HAMMER CANDLE form last 15 min candle as indication of some trend reversal from oversold level 5. Next session if nifty open gap down for opening and stock open bellow hammer candle 690 then stock can continue bearish momentum so no trade should initiated at this lecel ** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !! HAPPY TRADING !!
NSE:PAYTMLong
by champtrade111
PAYTM -- INTRADAY SETUP -- 18/07/2022PAYTM -- HOURLY CHART -- INTRADAY SETUP >> As per previous idea of paytm, Stock shown good bullish momentum above 680 level. now stock can seen strong upward movement from this level >> trendline shows good support at new channel form around 700-705 level as support and 735-740 as resistance level for channel >> RSI seen above 60 level on dialy chart which is also sign of strong upward movement from current level >> MACD above signal and center line at daily chart bullish indicators. >> Stock currently trading above 21, 50, 200 SMA >> BUY can initiate on intraday at 705-710 level for target 715-725-730 stop loss bellow trendline support at 695 >> intraday support at 700-705 Resistance 730-740 ** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk !! HAPPY TRADING !!
NSE:PAYTMLong
by champtrade111
4
#Paytm #One97 #StockmarketOne97 aka Paytm Suggested earlier also at 560 levels and target achieved Stock again forming an ascending triangle pattern. Currently trading at its Resistance zone also, if break we can see good 8-10% upside move Safe buy above 725/730 levels for positional targets of 775/800 to upto 850 levels also. Also, keep booking partial 1-2% profits and use a strict trailing stop loss. ---- Note: Above levels are for education purposes only Do your own analysis before taking any trade Use a strict trailing stop loss. Please Like & Follow
NSE:PAYTMLong
by Jordan_n-
PAYTM has retested and showing bullish signshey guys , after a long DOWNTREND , PAYTM stock has shown a signs of recovery , from the very FIRST DAY , this stock was completely controlled by bears but now , this stock was following a chart pattern called FALLING WEDGE last week , this stock was trying to cross this pattern ans it was SUCCESSFULLY COMPLETED . And now this stock has retested and it has shown a great green candle , which convince us to bet on this stock and earn HIGH RETURNS BUT FIRST CONSIDER THE GLOBAL SITUATIONS .INFLATION . WAR BETWEEN UKRAINE AND RUSSIA . RISING BANK RATES . AND INCREASING EXPORT DUTIES AFTER CONSIDERING THESE SITUATIONS YOU CAN BUY THIS STOCK BUT PLS GUYS , SEE THAT IF MARKET IS OPENING GAP DOWN THAT THIS STOCK IS UNDER HIS RESISTANCE AREA THEN PLS WAIT AND LET THIS STOCK TRY TO CROSS HIS RESISTANCE AREA and guys , if u like my analysis . follow . like . and comment
NSE:PAYTMLong
by TRADERS_AREA
PAYTM -- UPPER CHANNEL BREAKOUTPAYTM --DAILY CHART -- UPPER CHANNEL BREAKOUT 1. PAYTM Daily chart seen upper channel breakout above 680 today trading session which was strong resistance earlier broken upside seen chart bullish now 2. RSI seen move above 60 daily chart 3. as per new chart setup 660-680 woRk as strong support with target 720-750-780-800 and stop loss can place bellow 625 level 4. MACD seen bullish , stock trading above 20,50,200 Moving avg. ** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk HAPPY TRADING . !!
NSE:PAYTMLong
by champtrade111
4
PAYTM -- INTRADAY SETUP- 06/06/2022PAYTM -- HOURLY CHART -- INTRADAY SETUP -- 06/06/2022 1. PAYTM trading currently at upper channel on hourly chart 2. trendline seen consecutive support at lower level, stock currently close at trendline support closing candle where bounce back likely seen on next trading session . 3. for buy level stock should cross level 625 as trendline breakout on next trading session where target upper side can seen above 635-640 level, 4. if trendline breakdown bellow 615 level stock will seen downside target bellow 600 level on intraday 5. overall stock will be uptrend if 15 min closing candle above 625 or downtrend if 15 min candle bellow 615 6. positive in fvr of uptrend is histogram seen double bottom means supply can be decrese from current level and more fvr of uptrend from current level 7. RSI abobe 50 level at daily basis as neutral to positive ** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at owb risk ! HAPPY TRADING. !!
NSE:PAYTMLong
by champtrade111
2
Going Long on Paytm-A technical taleThere's a possible double bottom formation in Paytm. Right now, the stock is in the process of forming the 2nd bottom, and 700 needs to be taken out for the pattern to be confirmed. An early entry can be taken here with a strict SL at 500, which is the primary support of the last bottom. A 2nd round of buying can be made near 700 (when confirmation is received) for a target of 876, the previous swing low. Entry: 584 Targets: 700/876 SL:500 RRR: 1:3.5
NSE:PAYTMLong
by swarnadeep13
paytm on bullish divergencepaytm on bullish divergence on daily chart paytm has lower low formation today on 4hr make morning candle... will make W pattern now and till september 2024 it will on its actual price at 2150 keep an eye on it buy for huge return Investments are subject to market risks, read all scheme related documents carefully. The Price may go up or down depending upon the factors and forces affecting the securities market including the fluctuations...
NSE:PAYTMLong
by saurabhbhola80
1