triangle breakout in 15 minsTriangle breakout in 15 mins
Target - Green line marked
SL - Red line marked
PAYTM trade ideas
#Paytm Here is an update and confirmation.Daily TF Cash swind trade idea : Paytm
As we can see in chart stock is performing well from its lower low and may break its lower high soon and results in start of a new trend .....😁
Where a swing trader can find a trade opportunity ☺️
Ola!
CONTRA TRADE IN PAYTM I think analysis is clear in chart explanation is not required.
Fundamentally this stock is vry weak and there is no sign of improvement eexcept managements commentry.
CONTRA Trader can bet on
~~~Educatinal Purpose
Paytm Share is a right Choice ?We all know what’s happening in the Paytm shares.
Since its inception, the share price is falling. Even if we ignore the fundamentals of the company the technical analysis is also not very supportive. So do not think about buying this share right now.
What is the right time to buy this share for long-term investment?
To analyze this share I’m using AVWAP and RSI 14.
The first and most important criterion is to let the price cross the AVWAP line for once. Second is RSI 14 to cross the 60 level in the weekly chart and the 40 level in Daily Chart.
Paytm - Risky ViewPaytm :
Risky
Possibility of Cup & handle Breakout
& GAP Filling Pending
Long above 555 with support at 535
PAYTM crossed its resistance. Is 1400 is right for BUYBACK ?Paytm announces a buyback but the share is struggling to keep up. It has barely crossed its resistance and has formed a doji, lets see what could happen next.
My target will be nearly a 10 less than 900, till holding of shares in demat last date for buyback conditions. Let's Paytm decide.
Paytm Buyback announcementPaytm announces a buyback but the share is struggling to keep up. It has barely crossed its resistance and has formed a doji which shows indecisiveness. Best to avoid this stock.
breakout stockPaytm is following pure cup and handle pattern, waiting for the breakout, buy above 549
PAYTM --TREND ANALYSISPAYTM TREND ANALYSIS --HOURLY CHART.
1 . AS seen on hourly chart paytm look bullish after trendline breakout above 485 , if 15min/ hourly candle close above 485 ,
2. chart formation will be bearish if 15/min , hourly candle close bellow 440
3. support on chart seen around 445-450 and resistance 545-550 level
4 currently stock trading at 475 sub level . for initate BUY position entry after confirmation as above 485 for positional target 500-525-550
stop loss should bellow 440 level now
5. pullback seen on oversold line as RSI at Around center line at hourly chart currently.
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..TRADE AT OWN RISK
**COMMENTS AND SUGGESTIONS ARE WELCOME
HAPPY TRADING, !!
buyBuy at 708-700 sl 677.9 DCB
Disc : It's mpt an investment advise to buy or sell. Do you research.
Positive Divergence of RSI on 15 and 60 minute chartsPositive Divergence of RSI on 15 and 60, also today could be the last of the major supply. Cautious approach but it has to cross 500 and 550 to fix these divergences.
PAYTM in demand zone hi friends ..
can PAYTM up move from here ?.. yes..
there is little up move .. i think 10 - 15 % up move possible
PAYTM is now in demand zone and there is green bullish candle with good volume .. if previous day candle high 553.10 is break .. than enter.. with SL 526.90 .. for target 10-15 % up move
PAYTM -- INTRADAY --SETUP--18/11/2022PAYTM -INTRADAY --15 MIN CHART --SETUP --18/11/2022
** paytm chart setup shown on intarday basis for today ..15 min chart shows BUY INITIATE above IF terndline breakout 545 for target intraday 550-555-560
** Sell bellow 525 if trendline breakdown candle 15 seen on chart for target intraday 520-515-510
** Support , resistence mention on chart
* can build long position based on setup for swing/positional trade based on 15 min chart trendline breakout level. if 15 min candle close above 545 long position
** THIS IDEA IS FOR EDUCATIONAL PURPOSE , trade at own risk !!
HAPPY TRADING. !
PAYTM -- MAKE OR BREAK ---Flag pattern PAYTM --DAILY CHART ---MAKE OR BREAK --FLAG PATTERN.
1. PAYTM seen triple bottom formation on Daily chart shown as circle 1,2,3 AT Strong support line around 625-630 level
2. Flag pattern seen on chart
3. previously trendline breakdown seen at 760-770 level and stock fall towards 625-630 , consecutive support form at 3 times at this level
4. Stock on daily chart trading at lower channel make or break level , if support hold at 625-630 on next daily candle stock can go upside to 680 level short term bullish where lower channel resistance seen
5. if stock fall bellow 620 daily on candle then will fall to 580 level lower channel support short term .
***THIS IDEA IS FOR EDUCATIONAL PURPOSE ... TRADE AT OWN RISK !
HAPPY TRADING. !
paytm to 800paytm made a double bottom as you can on the chart within the falling wedge...high chances in coming days it will retrace back up near to the 800 level
Paytm Stock Price AnalysisPaytm is moving in Falling wedge Pattern and also it is forming W pattern soon we can see big uptrend in Paytm.
Buy at given support levels.
PAYTM -- POSITIONALPAYTM - DAILY CHART -- POSITIONAL
1, PAYTM daily chart seen trading upper channel .
2. stock currently trading near support zone of upper channel lower level , some consolidation can seen around level of 650-675 which is BUY level at good risk to reward ratio .
3. DAILY chart seen stock form higher high and higher low formation setup at upper channel
4. Bullish crossover seen at trix line bellow center line. TRIX line above center can seen good upside movment further.
5. one can initiate BUY between 665-675 level for positional target 700-750-800 ( 1 month ) upper channel resistance seen at 850-900 level will be
next target if 800 level crosses, stop loss can be place bellow 575 level where red hammer candle form a good support level .
THIS IDEA IS FOR EDUCATIONAL PURPOSE .... trade at own risk .!!
HAPPY TRADING. !!
Paytm is still bearishNSE:PAYTM
retracement happened at 61.8 wait for close above 844 in weekly for a buy trend.
if it close below 628 accumulation can start at 519 support level.
please do your analysis before taking trade.This is just for educational purpose.
paytm buy possibilityLooks like good buy possibility as per chart -
Entry near 717
SL below 710
Targets variable.
PAYTM is going to give returns like Bitcoin from the early daysPAYTM got listed at around Rs 2150 and is right now trading at around Rs 575, making a market roughly about $5B. I see Fintech like PAYTM becoming trillion dollar companies in the future since it makes the banking sector more efficient for the commoners. That's a huge market. PayPal with likely much less customers has $133B marketcap (that's about 27x for PAYTM). That'd mean PAYTM somewhere around Rs 10000 making it the early day bitcoin kind of return potential stock.
Not financial advice. Trade at your risk.
