PAYTM - Ichimoku Breakout📈 Stock Name - One 97 Communications Ltd
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 473.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
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Paytmlong
Paytm : Range Breakout#paytm #swingTrade #Rangebreakout
Paytm : Breakout Candidate
>> Range Breakout soon
>> Trending setup
>> Good Strength & Decent Volumes
>> Low Risk High Reward Trade
Swing Traders can lock 10% profit & keep trailing
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Disclaimer : This is not a Trade Recommendations & Charts/ stocks Mentioned are for Learning/Educational Purpose. Do your Own Analysis before Taking positions.
Paytm Volume breakout - Target 900+Paytm today gave a volume triangle break out but its still not the time to buy right away.
Wait for retracement to get better risk to reward ratio. if its below 550 better.
Possible target 1 - 732
Target 2 - 832
Target 3 - 900
Target 4 - 1047
This is long term view not short term view.
PAYTM is going to give returns like Bitcoin from the early daysPAYTM got listed at around Rs 2150 and is right now trading at around Rs 575, making a market roughly about $5B. I see Fintech like PAYTM becoming trillion dollar companies in the future since it makes the banking sector more efficient for the commoners. That's a huge market. PayPal with likely much less customers has $133B marketcap (that's about 27x for PAYTM). That'd mean PAYTM somewhere around Rs 10000 making it the early day bitcoin kind of return potential stock.
Not financial advice. Trade at your risk.
💎 PAYTM : 315% Profit Potential in Next 8 Months💣💣💣💣Finally After lots Criticism and Uncertainty Paytm has started it Bull run.
I believe tht the major drop on paytm stock was done intentionally.
First time Paytm Discovered Strong Demand Zone at 530rs Area.
Right now no one is talking abt this Gem, This is Perfect time to fill the bags silently and HOLD strong.
I am Expecting more than 300% returns in this Historic Upcoming rally.
Parallel Channel Paytm - 2Parallel Channel 2 entered
A Low of 510.05
10 march high break i.e., 795.80
will take resistance as a support between 861.35 and 893.70
parallel channel breakout after 1 sep 2022
retest its value near 861.35 and 893.70
company is in loss although next year comes in profit till march 2023 endings...
will gain its valuable price of 2150 (approx) again till june 2023...
#FIIs and #DIIs increased its percentage of shares in june 2022 ending
#paytm #paytmlong #paytmupi
Parallel Channel PaytmParallel Channel 1 completed
A Low of 510.05
10 march high break i.e., 795.80
taking resistance as a support between 757.90 and 775.90
parallel channel breakout
checking retest
yesterday paytm results has given profit indication but company is in loss although next year comes in profit till march 2023 endings...
will gain its valuable price of 2150 (approx) again till june 2023...
#FIIs and #DIIs increased its percentage of shares in june 2022 ending
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