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...
Parallel 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...
Parallel 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...
Kindly refer chart
PAYTM
Price: 699.10
EMA 9: 634.39
EMA 20: 634.07
EMA 50: 766.77
EMA 100: 1042.67
VOL: 20.062M
Thanks & Regards
Request you to post your comments or suggestion.
(Rounding bottom formed on daily time frame)
Paytm (Daily):
1. Bullish Divergence (wrt RSI)
2. Also formed a Double Bottom on Charts
3. Can go long above closing of 578
4. Currently at 5 Days Exponential Moving Average
Note: The above analysis is just for Educational purpose
paytm got final unknown supports but low risk buying supports.
supports points 537 -472
another one 333 range maybe or not
huge profit for daytrader, biggest loser in investor , in this stock., not at all, that means (ipo)
chart is thinking of matter, i doubt this stock , picking buy bottom lvl, this stock selling key lvl
this bank only in digital , when they...
