PAYTM trade ideas
Expecting paytm to move upside Expecting paytm to move upside as we can see the downward movement seems finished
PAYTM @575-- its time to accumulate this stockPAYTM is now at the correct level @ 575 .. its an excellent time for us to start accumulating this stock for a good up move in next few weeks..
#StockMarket #StockIdeas #StocktoWatch #StockToBuy #positionalPAYTM
After listing stock corrected very much upto 75%.
Stock corrected upto 510 levels & it looks strong support and form double bottom pattern.
Buy for mid to long term view and add more at 510 levels
But keep Strict Stop loss of 495 levels.
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Note:
Above levels are for education purposes only
Do your own analysis before taking any trade
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Paytm exactly played my pointsEvery time i shared all the buying and selling zone of paytm and again you can check my previous analysis of paytm n compair it with this post. I shares quality analysis with you but not getting that appreciable support you can check and compair all my post you'll get it
Going Long on Paytm-A technical taleThere's a possible double bottom formation in Paytm. Right now, the stock is in the process of forming the 2nd bottom, and 700 needs to be taken out for the pattern to be confirmed. An early entry can be taken here with a strict SL at 500, which is the primary support of the last bottom. A 2nd round of buying can be made near 700 (when confirmation is received) for a target of 876, the previous swing low.
Entry: 584
Targets: 700/876
SL:500
RRR: 1:3.5
PAYTM D TfDoes Paytm has bottom out .
It has formed double bottom kind of pattern.
If it crosses Neck line it is Good to go.
~educational purpose Alone ~
PAYTM Bullish DivergenceBullish Divergence Spotted in Paytm.
Stock has nearly corrected 75 % from it IPO issue price at Rs 2150.
Setup looking Bullish with a strict Stop Loss of RS 520.
Resistance at RS 700.
Once Stock Closes above RS 700 then we may see stock getting stable.
paytm targets definedpaytm target are defined in chat
i think achieved till june results
max target till june is 1367 or rount off 1400
Idea only for InvestorsPAYTM has been falling ever since it's issue price and has corrected 75% - made a low of 510. Now it's trying to make a double bottom pattern and 510 will now act as a strong support zone.
It can be a good buy for long term perspective at CMP 585 and on dips till 510. Strict stop loss of 499.
Mid term target would be 700 levels.
Learn & Earn,
Dr. Tanya Kumar
ONE 97 PAYTM #PAYTMIt is kind of double bottom for short-term, trending up on some technical indicators too
like volume and Rsi hope will give some relief to holders
PAYTM -- IDENTIFY TREND PAYTM -- IDENTIFY TREND --HOURLY CHART - 05/05/2022
1. PAYTM at hourly chart seen first upper channel, hit sub level of 720 after trend reversal from sub 525 level .
2. upper channel breakdown at 650-660 sub level and stock fall around 580-585 level where some sign of trend reversal seen
3. stock currently trading at around 585 level very close to support level and trendline support this is crucial level for next few session
4. bellow 575 look bearish can fall to 550-525 and above 600 is triangle breakout level as well as lower channel breakout where stock can seen upper level 625-650 and so on
5. currently MACD bellow center and signal line at daily chart
6. RSI seen at 40 level at daily chart is also crucial point of breakout or breakdown
7. overall its safe to buy hourly candle close above 600 for short - mid term position.
8. for trading keep stop bellow 575 for target 595-600 BUY around 580-585
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk !
HAPPY TRADING !
paytm on bullish divergencepaytm on bullish divergence on daily chart
paytm has lower low formation
today on 4hr make morning candle...
will make W pattern now and till september 2024 it will on its actual price at 2150
keep an eye on it
buy for huge return
Investments are subject to market risks, read all scheme related documents carefully. The Price may go up or down depending upon the factors and forces affecting the securities market including the fluctuations...
815.95 target till 5/31/2022will paytm make a W pattern and achieve it high levels of 1950 or at its IPO price?
815.95 target till 5/31/2022
PAYTM -INTRADAY - 26/04/2022PAYTM - HOURLY CHART-- INTRADAY SETUP --26/04/2022
1. Earlier consolidation from 525-585 level was breakout and stock make high above 700 level ,
2 Now after correction stock at lower channel seen back to same level where breakout made earlier around 580-590
3. stock at oversold level on hourly chart wave trend indicator seen turn neutral
4. strong support at 590-595 stock can bounce from this level for target 610-625 as per channel shown on intraday with stop loss bellow 585
5. bellow 580 stock can fall further to level of 550 in short term
BUY PAYTM intraday between 590-595
TARGET 610-625
stop loss bellow 585
THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk
HAPPY TRADING. !!
cup and handle pattern with a divergence @97COMMUNICATIONThis trade involves the modus operandi
1. Cup and handle patter at after a steep downtrend
2. Price conforming support at handle base
3. Divergence formation since last couple of days
4. Price has crossed the 500 SMA line and maintaining the support levels.
PAYTM -- INTRADAY SETUP -- 21/04/2022PAYTM - 15 MIN CHART - INTRADAY SETUP - 21/04/2022
1. Last 15 min candle HAMMER CANDLE at oversold level 15 min chart.
2. Stock trading at channel lower support where max possibilities bounce back.
3. above 642 trendline support , trend confirmation for uptrend and above hammer candle buy level can be place.
BUY PAYTM ABOVE 642
TARGET 650-660+
stop loss 628
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** TRADE AT OWN RISK.!
HAPPY TRADING. !
Can paytm give chance to reenter at 520 levelsPaytm there another view that can be possible
can make double bottom near 520 levels then shoot to 900 levels
looks good what do you say?
PAYTM- Minor Bullish Momentum to be SeenPURELY NEWS BASED.
Many Mutual Funds Have Paytm at very discounted Rate.
Right time to take some advantage of that bullish momentum until FIIs & DIIs capture more Long term Retailers
Time Frame - 10 Trading Sessions
PAYTM -- NEXT TREND - APRIL 2022PAYTM - HOURLY CHART --- NEXT TREND -- APRIL 2022
1. stock consolidate around 520 - 580 level last few days
2. at consolidation double bottom formation seen around bottom level 520-522 level
3. stock closing at near trendline last closing session at resistance area 575-580 once stock close above 585 level that will be trendline breakout as well as resistance breakout also, can go long above 585 for target 650 -750 if stock fails to break above and close resistance then it may fall to support level 520 bellow 520 will be again bearish trend
4. 1 sign of bullish fvr is stock has seen MA SMA crossover at 540 level then has upmove till now last daily candle is strong bullish
5. another sign in bullish fvr is price oscillator went above 0 line
6. overall view is wait for resistance breakout above 585 and see candle close above it and go long . !
** this idea is for Educational purpose ..!!
HAPPY TRADING !
PAYTM - One 97 communications Ltd.Kindly refer chart
PAYTM
Price: 699.10
EMA 9: 634.39
EMA 20: 634.07
EMA 50: 766.77
EMA 100: 1042.67
VOL: 20.062M
Thanks & Regards
Request you to post your comments or suggestion.
(Rounding bottom formed on daily time frame)
