PAYTM trade ideas
Inverted Head & Shoulder Pattern at the Neckline📌 Inverted Head & Shoulder
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#PAYTM
- INH&S Continuation pattern
- Above Key EMAs
- Bullish RSI
Uncertainty in paytmIf todays low is break in close below it, Chances to fill the gap is high and false BO to be considered.
Wait and watch situation.
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 trading in channel on Day chartBreakout above 871, will continue the Rally.
Buy - 872, SL - 830
NOTE: Please maintain good Risk to Reward, as per your risk appetite.
Paytm - Is it time to say "PayTM Karo"... or not...Price in consolidation zone near the resistance level of 747.
Breakout above this level, with good volume will create a momentum for a substantial upside.
680 can act as immediate support zone.
PS: Not a buy/sell recommendation.
Paytm - can give good breakout from here Paytm is showing strength and increase in volume every day and can give massive breakout in short term. I see it touching 800 in coming sessions.
760 first target and then 840 second target
PAYTM Breakout Buy Signal!Attached: NSE:PAYTM Daily Chart as of 5th May 2023
Everybody is talking about ONDC on Twitter and how it is disrupting Zomato and Swiggy. Apparently you can use ONDC via PAYTM to order food online
(Note: Open Network for Digital Commerce (ONDC) is an initiative aiming at promoting open networks for all aspects of exchange of goods and services over digital or electronic networks)
And the Stock Chart of PAYTM also shows Investor Interest/ Buying Activity
Price gave a Breakout Buy Signal on Friday 5th May supported by Volume Activity on the back of this ONDC Disruption News
PAYTM - Ichimoku Bullish Breakout Stock Name - One 97 Communications Ltd
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 822
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
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Paytm Risingpaytm started recovering
it has recovered from 440 to 815
Making higher high and higher lows on daily chart
Stock given beautiful triangle pattern breakout.
once it break 845 then will may see it for 1065
Long position in PaytmFib retracement giving next target of 1015 with SL of 761, Supertrend indicator also in green. Price may face rejection before giving breakout, be watchful. Safe entry when weekly candle is above 791
Only for educational purpose
Double Bottom and Ascending Triangle pattern- BO after a good Buildup at the resistance
- BO validated with volume
- Above key EMAs
- Bullish RSI
Text Book Example of Leading Diagonal Its rear to find text book example , Sometime we find it very clear Manner
This one suits as Expanding Leading diagonal after making an Brief Low near 480 ,
This structure is still developing , Means it Yet to Confirm development after making it to Forecast price
When it was launched we ware looking this to replace BitCoin because of deep FII investments , but the GOI regulations have certain limitation on Chinese Investments
So the Liquidation took place in deep discount manner ,
This Particular Payment APP was designed to Fetch National and International data in order to Process the payment in faster then PayPal which was again a subsidy of US Money Market
Look for pause near 800 to 900 before resumption in the Trend
Good luck
High Potential Long Trade Opportunity for 2X ReturnSubject: High Potential Long Trade Opportunity for 2X Return
Hello Friend's
I hope this message finds you well. I am reaching out to share an exciting long-trade opportunity that has the potential to yield a substantial return on investment.
After careful analysis and extensive research, I have identified a stock that exhibits strong growth prospects, solid fundamentals, and positive market sentiment. Based on my analysis, this stock has the potential to provide a 3X return on investment within a reasonable time frame.
Here are some key reasons why I believe this trade is worth considering: Stock showing bottoming out on this level as per charts and RSI is moving on above 70 and volume is above 20 DMA on the Weekly chart
1. Positive Industry Trends: The stock is part of an industry that is experiencing significant growth due to emerging technologies, changing consumer preferences, or favorable market conditions. These factors create a favorable environment for the company's growth and profitability.
2. Strong Financial Performance: The company has demonstrated consistent revenue growth, solid earnings, and a healthy balance sheet. Their financial stability and positive cash flow position them well for future growth and expansion.
3. Competitive Advantage: The company possesses a unique competitive advantage, such as proprietary technology, a strong brand presence, or a differentiated product/service offering. This advantage strengthens their market position and increases their potential for long-term success.
4. Favorable Market Sentiment: The stock has attracted positive attention from analysts, institutional investors, and market experts. This increased interest indicates confidence in the company's future prospects and can contribute to a significant upward price movement.
Please note that investing in the stock market carries inherent risks, and past performance is not indicative of future results. Conducting your own research and consulting with a qualified financial advisor before making any investment decisions is crucial.
If you want to learn more about this long trade opportunity, I would be happy to provide a detailed analysis, including supporting data and market trends. Together, we can assess the risks and potential rewards associated with this investment, enabling you to make an informed decision.
Please let me know if you want to proceed or have any questions. I am here to assist you throughout the process.
Best regards,
Ramu Maurya
Paytm Factors aligning up for a good short term rise RSI breakout emminent
Wedge and Gann Levels supportive of a bull journey
Business doing better than before in terms of fundamentals.
Looks like a safe-ish bet
PAYTM in contraction It has moven out after a nice VCP, now given a pullback , will be waiting for it with an alert
Paytm Cmp 699 Bearish Engulfing @ ResistancePaytm Cmp 699 dated 11-5-2023
1. Bearish Engulfing Candle @ resistance.
2. RSI negative divergence
Sell below 694 for target 670-655-640-610 SL 740
It is just a view, please trade at your own risk.
PAYTM - Short TermThis is only for very short term.
Purely Technical call.
If it sustains above 608 on hourly chart, the targets are very much possible.
My strategy : I feel Nifty50 is still bearish (may be another few months) and will looks for quick momentum rally stocks. Low risk with a tight Stoploss and cream out with 5-8% returns quickly.
STOPLOSS is the key. Keep it as per your risk appetite and trail the Stoploss once the trade is active.
Risky stock, but good chart!Chart -> PAYTM Daily
After a sharp fall, PAYTM consolidated and created a VCP pattern and broke out with volume today.
CMP: 723
Good Range: 680 to 720
Target: 840, 965
SL: 640 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Paytm - Uptrend Will Start With Post Earning Reaction?- Near Double Bottom Neckline Breakout
- Above 50/ 200 Ema ( Beginning Of Uptrend)
- 730/750 Strong Supply Zone
Closing Above 740
Will Lead Rally Towards 830/940
- Forming One Hit Wonder IPo Pattern
- Narrowing Losses Improvment In Q4 Result
