ONE 97 COMMUNICATIONS LTDPAYTM is trading within a well-defined ascending channel, and today's strong bullish candle is bouncing from the lower channel trendline. Volume has spiked near the lower channel trendline, reinforcing it as a strong support area.
Consider buying above 945, with short-term resistance at 975, which has been tested and rejected previously, and a major resistance level at 1,008.
Paytmview
Paytm Looking Interesting on Weekly TF.NSE:PAYTM Paytm Looking Interesting on Weekly TF.
The Stock is being Continuously accumulated with rising volumes and trading above all major moving averages.
Although Still a Loss Making Company maybe there's Something someone Knows that we Don't know Yet that's what Price Action is Suggesting.
There's a Possibility of Triple Top Let's Wait and Watch.
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Disclaimer: This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.