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
PAYTM trade ideas
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
PAYTM --Turn to Multibagger ATM PAYTM --DAILY CHART SETUP -- Bullish reversal on card --may turn to Multibagger ATM
Technical observations .
1. Daily chart setup PAYTM seen trading at upper channel currently last candle close at lower level of upper channel
2. 180 HMA Support seen at last daily candle
3. Last candle form as doji trend reversal at lower level of upper channel indicate trend reversal from downtrend of channel
4. CCI ema seen follwing trendline upper trend support
5. Entry last doji candle close above 585 target (3-6 month ) 600-650-700 + ( channel high indicate 750 + level )
6. stop loss bellow strong support 501 hourly candle close
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..** trade at own risk !!
HAPPY TRADING !!
Paytm - a mid term long
BSE:PAYTM chart is playing within a trend-lines range, possible breakout above previous swing high will activate XABCD bearish shark pattern.
multibagger -- 2023 -- PAYTM PAYTM -- DAILY CHART -- SETUP --- POTENTIAL -- MULTIBAGGER 2023
1. PAYTM Pick as potential multibagger 2023 due to bullish indicators on daily chart setup.
2. Daily trendline breakout seen on last closing candle
3. Resistance breakout seen on last closing candle
4. stock seen following trendline support after pullback from oversold level sub 450
5. stock above 44, and near 200 hma support on last clsoing daily candle .
6. RSI above wma , ma ema positive cross seen and RSI near 60 level bullish zone ,
7 . ENTRY at current level 540-550 , Target 1--- 600-650- Target 2- 700-750 stop loss bellow trendline support 499-500
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ... Trade at own Risk .!!
HAPPY NEW YEAR..!! HAPPY TRADING !!
#Paytm BO abv 11 weeks consolidation#Paytm after showing good quaterly result with profits has broken above the consolidation phase of 11 weeks. Price can move towards 800 and 940 very swiftly as so many people are trying to catch it.
CMP 705..
PAYTM TRADING IDEAPAYTM TRADING IDEA
If you understood the chart then buy and hold and accumulate more on DIPS
PAYTM LONGPAYTM Can see a short term upmove per my view.
Currently near the resistance levels which it has tested thrice. Possibility of upmove till the levels of 700-794
No recommendations, just view.
paytm 15 min trading ideaSwing trading ideas
lets, watchout for this stock and see how this trade works out
taking support multiple times,
Buy after breakout of resistance line,
weekly support
Paytm at perfect sell levelNSE:PAYTM at previous support and current resistance near to trend line. Also form a rising wedge and break the level Perfect opportunity to sell for a target around 10%
