3 Good Price Action related swing trades for 11 Nov Week I daily make educational content videos for swing / positional trading
PAYTM trade ideas
#PAYTM : Target 790, Duration 2 Weeks, Reversal with volume#PAYTM : Target 790, Duration 2 Weeks, Reversal with volume, uptrend continuation
FINO PAYMENTS BANK vs PAYTMFinancial Inclusion Network Operations (“FINO”) is a growing fintech company offering a diverse range of financial products and services that are primarily digital and have a payments focus. It offers such products and services to the target market via a Pan-India distribution network.
Incorporated in 2000, One 97 Communications Ltd is India's leading digital ecosystem for consumers as well as merchants. As of March 31, 2021, the company has a 333 million+ client base and 21 million+ registered merchants to whom it offers payment services, financial services, and commerce and cloud services
Charting Paytms future*Background*
One 97 Communications Ltd. (Paytm) is an Indian financial technology company that offers a range of digital financial services, including mobile payments, digital wallets, and financial services.
*Technical Analysis*
The chart shows a strong downtrend in the price of Paytm since its listing. The stock has been consistently making lower lows and lower highs, indicating a bearish sentiment.
*Key Observations:*
* Downward Trend: The overall trend is clearly bearish, as evidenced by the downward sloping trendline.
* Head and Shoulders Pattern: The chart shows a potential inverse head and shoulders pattern, which is a bullish reversal pattern. However, the pattern is not yet complete, and the price needs to break above the neckline for the pattern to be confirmed.
*Possible Future Movement*
If the price breaks above the neckline of the potential head and shoulders pattern, it could signal a reversal of the downtrend.
However, if the price fails to break above the neckline or breaks below the support level, it could continue the downtrend.
*Trading Strategy*
* Conservative Approach: Wait for the price to break above the neckline of the head and shoulders pattern before taking a long position.
* Aggressive Approach: Enter a long position at the current support level with a stop-loss below the recent low.
Disclaimer:
This analysis is based on the current price action and technical indicators. It is not a financial advice and should not be taken as such. Please consult with a financial advisor before making any investment decisions.
Paytm : Strong buy above 365Guess : Any good news on Takeover by Big finance co. will be out very soon.
Triangle Formation is Seen which might breakout above 365 with volume. It will be a good sign for buy.
Buy PayTM above 365 with Stoploss 340 tgt 545
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basis on Fibonacci Series
NOTE : I am not SEBI registered advisor in capital market.
Disclaimer:- Please always do your own analysis or consult with your financial advisor before taking any kind of trades. Please understand Risk in trading before taking any trade with your financial consult. I am only sharing my knowledge it may be right or sometimes wrong so I am not liable for any loss.
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PAYTM MONTHLY | LONG TERM INVESTMENTHi Traders,
This is Paytm Monthly Chart.
This Best time to invest for long term with small
SL which is 90 Rupees.
Strategy - This Power Of Stock 5 EMA Monthly Candle
Note - This is only for education purpose
Paytm is at its Resistance of 550 Rs and Breakout may be happenPaytm is at its resistance 550 Rs and also it makes a Rounding Bottom pattern or also may be cup and handle pattern if it breaks it may move 600 Rs.
Disclaimer - its only for education purpose only
PAYTM & ATAL REALTECH similar chart structure Incorporated in 2000, One 97 Communications Ltd is India's leading digital ecosystem for consumers as well as merchants. As of March 31, 2021, the company has a 333 million+ client base and 21 million+ registered merchants to whom it offers payment services, financial services, and commerce and cloud services
Incorporated in 2012, Atal Realtech Limited is in the business of civil construction and government contracting
base created?? possible turn around? comment your thoughts....
Company has reduced debt.
Company is almost debt free.
Company's working capital requirements have reduced from 89.4 days to 40.2 days
Paytm looks decent check chart Support near 460-480 would be a nice place for price to bounce back the structure would become bearish Below 302 level and the resistance is at 922 check the chart
Gap Fill - PAYTM📊 Script: PAYTM
📊 Sector: E-Commerce/App based Aggregator
📊 Industry: Miscellaneous
Key highlights: 💡⚡
📈 Script will fill gap in near future, we may see some good rally.
📈 One can go for Swing Trade.
⏱️ C.M.P 📑💰- 564
🟢 Target 🎯🏆 - 750
⚠️ Important: Always maintain your Risk & Reward Ratio.
✅Like and follow to never miss a new idea!✅
Disclaimer: I am not SEBI Registered Advisor. My posts are purely for training and educational purposes.
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Happy learning with trading. Cheers!🥂
Momentum Pick for next Week- One97 CommunicationsHi Friends,
After long consolidations due to bad news from RBI now on97 communications is being accumulated by big guyz so one can keep eye on it .
PAYTM LONG TERM INVESTING IDEAPAYTM on weekly chart has now stopped falling further and now consolidating on the lower levels.
Current price level is good to enter and we can add further at around 450 level.
Stop loss can be put around 400 or trail using 20/50 EMA.
This is a LONG term and a bit risky bet but if you have faith in paytm's fundamentals these are really good levels ;)
Potential up-move | Bottom fishing - PAYTMThese analysis is based on bottom fishing method. Meaning that the stock shows an uprising potential from the bottom. Fundamentally it can be due to any major decisions in the management or tremendous performance shown or any such positive actions. Technically, it would have shown an upmove using MA or RSI breakout or any such analysis.
IMPORTANT : Wait for weekly close above the breakout level. We can see that already a weekly candle made a BO and closed above the level. Hence we can enter now!
The secret sauce is not revealed here that how I pick my stocks, however the idea is shared as an educational material. This will also help me to keep a track of my accuracy in doing analysis. Hence & also, I request anyone not to take any positions based on the accuracy of my previous feeds or moving forward.
Do your own research and analysis before investing your hard earned money.
Checkout an amazing breakout happened in the stock in Weekly timeframe, macroscopically seen in Daily timeframe. Having a great favour that the stock might be bullish expecting a staggering returns of minimum 25% TGT. IMPORTANT BREAKOUT LEVELS ARE ALWAYS RESPECTED!
NOTE for learners: Place the breakout levels as per the chart shared and track it yourself to get amazed!!
#No complicated chart patterns
#No big big indicators
#No Excel sheet or number magics
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Paytm long term buy given at 330 , 490 high hold it Disclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Amazing breakout on Weekly / Daily Timeframe - PAYTMCheckout an amazing breakout happened in the stock in Weekly timeframe. Wait for weekly close above the breakout level.
Breakouts happening in longer timeframe is way more powerful than the breakouts seen in Daily timeframe. You can blindly invest once the weekly candle closes above the breakout line and stay invested forever. Also these stocks breakouts are lifelong predictions, it means technically these breakouts happen giving more returns in the longer runs. Hence, even when the scrip makes a loss of 10% / 20% / 30% / 50%, the stock will regain and turn around. Once they again enter the same breakout level, they will flyyyyyyyyyyyy like a ROCKET if held in the portfolio in the longer run.
Time makes money, GREEDY & EGO will not make money.
Also, magically these breakouts tend to prove that the companies turn around and fundamentally becoming strong. Also the magic happens when more diversification is done in various sectors under various scripts with equal money invested in each N500 scripts.
The real deal is when to purchase and where to purchase the stock. That is where Breakout study comes into play.
LET'S PUMP IN SOME MONEY AND REVOLUTIONIZE THE NATION'S ECONOMY!
Range Breakout - PAYTMPAYTM
▶️Can go long at CMP 472
▶️It has given a Range Breakout with Good Volume.
▶️Total FII & DII Holdings is 66%
▶️The stock has given 14% Return in last week.
▶️The expected targets are 525, 590 in short term
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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#IchimokuCloud
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#StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap #smallcap #paytm
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 long term buying given at 330 near , hold it for more upDisclaimer -
This information is only for educational purposes, this is not for any buy or sell recommendations .
On Our Harmonic pattern indicator
based trade setup take trade as explained below :-
ENTRY -
When price breaks 30% retracement Which is D points then take Entry on Buy or Sell Trade
SL -
SL is (-3%) Which is mentioned in Chart . our SL is just above or below of Recent high or Low .
TARGET -
Target 1- (T1 : 61.8 %)
Target 2- (T2 : 88.6 %)
Target 3- (T3 : 127.2 %)
Target 4- (T4 : 161.8 %)
Please note:-
It's working on news based and volitile market very well so exit if SL hit
Paytm start accumulation we can see huge upside all bad digesteOn Our Harmonic pattern indicator based trade setup take trade as explained below :-
Early trades Buy or sell below/ above 23.6 %, safe trades buy or sell above / below 41% , after taking trade next upside or downside levels will be target ,
When reverse buy or sell signal appear then book profit on Target or trail SL to 23.6 % If trailing SL hit then early trade can be taken above or below 23.6 and safe trade can b taken above/ below 41% ..
Please note:-
It's working on news based and volitile market very well so exit if SL hit
