PAYTM trade ideas
PAYTM --INTRADAY --22/08/2022PAYTM- HOURLY CHART -- INTRADAY SETUP -- 22/08/2022
1. PAYTM after making high at 840 sub level , profit booking seen and correction at last 2-3 session .
2. stock seen breakdown at hourly trendline 2 consectutive time upper channel breakdown also seen .
3. stcok at currently at strong support line around 770 level possibilities of pullback from this level for confirmation hourly / 15 min candle should close above 775 level then buy can initiate at intraday for target 780-790-800
4. breakdown at support 770 confirmation if stock close candle hourly/ 15 min bellow 765 short position can initiate for target 760- 750
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own risk !!
HAPPY TRADING !!
PAYTM holding above first resistance 850 next targetPaytm has been following a nice parallel channel it can test the 750 support once again before going for the target 1, that would be 850.
Is Paytm forming a Cup and Handle PatternHere in the Paytm Weekly charts It seems as if it is forming a cup and Handle Pattern.So I think Accumulation is going to start within upcoming weeks.
next buy 11 AUG PAYTM AROUN 817- 825My First Analysis If You Buy PAYTM On 11 August At The PRice Around 817-825 For Swing Trading I Am Quite Bullish That You can Get a Safe 15-20% Profit In Just A Week
PayTM - Target 800. GO GO GO!!!Paytm has been consolidating in a range for the last four months. The sentiment is still bearish as the price continues to trend higher in a channel forming an interesting classical cup handle price pattern. A failed breakout failing is an excellent opportunity to enter.
Target 800 Stop 698 Enter 715
Parallel Channel Paytm - 2Parallel Channel 2 entered
A Low of 510.05
10 march high break i.e., 795.80
will take resistance as a support between 861.35 and 893.70
parallel channel breakout after 1 sep 2022
retest its value near 861.35 and 893.70
company is in loss although next year comes in profit till march 2023 endings...
will gain its valuable price of 2150 (approx) again till june 2023...
#FIIs and #DIIs increased its percentage of shares in june 2022 ending
#paytm #paytmlong #paytmupi
Parallel Channel PaytmParallel Channel 1 completed
A Low of 510.05
10 march high break i.e., 795.80
taking resistance as a support between 757.90 and 775.90
parallel channel breakout
checking retest
yesterday paytm results has given profit indication but company is in loss although next year comes in profit till march 2023 endings...
will gain its valuable price of 2150 (approx) again till june 2023...
#FIIs and #DIIs increased its percentage of shares in june 2022 ending
PAYTM TARGET 899PAYTM raising wedge breakout and closing is the bullish mode. If the day opens and close above 805, and the weekly close is above 810, it will reach 899 targets 1 and 958 targets 2
Ascending triangle breakout in PAYTM ?Ascending Triangle Breakout in PAYTM in Daily Chart.
After the continues down fall from the listing, now, the downside momentum was paused.
Bulls are slowly taking control of the stock, Previously they tired for breakout but stock was stuck in 750-770 range.
Then stock came around 680 range where there was a strong trend line support. Next day formed inside bar candle, by that again bulls paused further downside movement.
Now, the stock broke its previous 750-770 range with good candle supported by volume.
So, 770 range will be immediate support, 720 will be next Important support
Stock has a potential to reach 930 level in coming days.
If any one taking trade now, 730 will be SL.
Any one taking position for retest, then Risk taker keep 678 as SL. For less Risk taker 697 will the SL.
Overall analysis is given in the chart.
This is just a view not a recommendation to trade. Do your own analysis before taking trade.
NSE:PAYTM
PAYTM 1HJust placed my idea in Position drawing.
Red Zone: Resistance or Breakout Zone
Grey Zone: Repeated Hurdles (Support/Resistance)
Green Zone: Support or Breakdown Zone
Note: BUY above Red Zone
BUY at Green Zone.
SELL at Red Zone or Trail at Grey Zone
PAYTM -- INTRADAY SETUP- 27/07/2022PAYTM -- 15 MIN CHART -- INTRADAY SETUP -- 27/07/2022
1. Last trading session paytm seen profit booking at hourly upper channel resistance level above 750 level and sharp fall seen from that level stock seen big correction of 7-8% towards sub 690 level
2. RSI and matrix indicators also shown overbought level from there stock fall towards oversold level now 15 min chart
3. This fall technically shown as death cross negative cross of 21,44,200 HMA , circle mark as death cross level seems stock falls sharply
4. at present stock at oversold level so some bounce can seen intraday next session buy around 695-698 target 705-710-720 and stop loss bellow 687 level
5. HAMMER AND INVERSE HAMMER CANDLE form last 15 min candle as indication of some trend reversal from oversold level
5. Next session if nifty open gap down for opening and stock open bellow hammer candle 690 then stock can continue bearish momentum so no trade should initiated at this lecel
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..trade at own risk !!
HAPPY TRADING !!
PAY TM KARO Ready to breakout and will reach soon to 900 marks.
Time Duration 1 Month
SL must be low of 2nd breakout candle
Share must be in focus.
" view is Education Post".
doublebottom pattern Breakout at Paytm#doublebottom #pattern #Breakout (trend reversal) at #Paytm (One 97 Communications Ltd) weekly chart. DONT BUY. ITS A BEST EXAMPLE TREND REVERSAL.
What Is a Double Bottom?
A #doublebottom #pattern is a #technical #analysis #charting pattern that describes a change in trend and a momentum reversal from prior leading price action. It describes the drop of a stock or index, a rebound, another drop to the same or similar level as the original drop, and finally another rebound. The double bottom looks like the letter "W". The twice-touched low is considered a support level.
ONLY FOR #educational
NOT SEBI REGISTERED. #LEARNEARN (DONT TRUST ANYONE)
#nifty50 #sharemarket #BREAKOUTSTOCKS #Multibagger #sharemarket #sharemarketindia #sensex #technicalanalysis #kukiinvest #Chartanalysis #headandshoulders #doubletop #doublebottom #parallelchannel #relativestrength
DISCLAIMER: I am not SEBI registered analyst. All posts are for educational purpose only. I am not responsible for your any loss or profit. Consult your adviser before taking any trade. I help people to learn technical analysis & charts reading.
PAYTM BUY @ 745.5entry 745.5
Qty 15
SL 734
Risk 174rs
Nice breakout of resistance on daily time frame.
Price looks like it is ready for more upside after comfortably sustaining above resistance level which it broke recently
PAYTM LOOKING GOOD ABOVE 740PAYTM looking good above 740.
We can see price action in chart. after breakout of 715 and pullback from 700. We will look for upside more.
Entry - 740
Target - 795 , 840 , 870
Sl - 700
(Education Purpose Only)
PAYTM -- INTRADAY SETUP -- 18/07/2022PAYTM -- HOURLY CHART -- INTRADAY SETUP
>> As per previous idea of paytm, Stock shown good bullish momentum above 680 level. now stock can seen strong upward movement from this level
>> trendline shows good support at new channel form around 700-705 level as support and 735-740 as resistance level for channel
>> RSI seen above 60 level on dialy chart which is also sign of strong upward movement from current level
>> MACD above signal and center line at daily chart bullish indicators.
>> Stock currently trading above 21, 50, 200 SMA
>> BUY can initiate on intraday at 705-710 level for target 715-725-730 stop loss bellow trendline support at 695
>> intraday support at 700-705 Resistance 730-740
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk !!
HAPPY TRADING !!
PAYTM - Ichimoku Bullish Breakout Stock Name - PAYTM
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 CMP
and more bullishness will be visible after it cross 725
#This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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PAYTM READY TO FLY - BREAKOUT NSE:PAYTM Was facing resistance at 721 but today ii has broke above 721 and given a quick upward move. You can Add a little Quantity now and also wait for retest when at 721. On crossing 200 Day EMA add full Quantity of With SL at 688 & 630 With Target of Attest 1:2
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#Paytm #One97 #StockmarketOne97 aka Paytm
Suggested earlier also at 560 levels and target achieved
Stock again forming an ascending triangle pattern.
Currently trading at its Resistance zone also, if break we can see good 8-10% upside move
Safe buy above 725/730 levels for positional targets of 775/800 to upto 850 levels also.
Also, keep booking partial 1-2% profits and use a strict trailing stop loss.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
Use a strict trailing stop loss.
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PAYTM Paytm was in downtrend since so long. It has ended and forming higher high now in 1D time frame. One good green candle is needed in weekly & daily tf. It will form soon hopefully,
