One Can buy for Next 25 % rally , since the data is very less , I still consider its Going up for One more rally above its today high
This trade will be awesome
Look for buying on Gap down which i am looking as Minimum of 2 % Gap down , if Gap down is more than 5 % then you must buy it because its Going to Give you lots of earnings
Remember only...
hi now we as retailer are stuck in his stock , we need to go ahead and see what can be done , now i have marked the up move possible with arrows. it must bounce back from lower red line for target of 1860 and most importantly it must hold lower green line as stop loss if this is breached it can fall like anything. If closes above blue line then it will become...
Paytm price broken it's down trendline . One may buy with stoploss @1274 for the target of 1580 (target1) and 1740(target2). These are fib based targets. Price has retraced approx 61.8 of the upmove
Why Paytm fell so much?
1. Paytm's Rs 18,300 crore IPO, which was the country's largest- this meant a large supply which needed large demand to support it's price.
2. But was subscribed 1.89 times only, this meant lack of demand.
3. Paytm is yet to turn profitable and Is likely to report losses for coming few years.
4. All above points created negative...
Paytm -
1. Sell of after open and closed 27.4 % lower.
2. Two attempts were made of buying from 1600 zone -
a. One from 1586 leading to 1723.
b. Second one from 1616 which made lower high than previous swing meaning buyers were getting weaker.
3. Finally sustained below 1600 as buyers failed to fight the selling pressure.
4. Closed near low which means more...
Paytm's business model lacks focus and direction, the company a 'cash guzzler'.
Paytm's valuation, at 26 times FY23 price to sales (P/S), is expensive especially when profitability remains elusive for a long time. Most fintech players globally trade around 0.3-0.5 times PSG (price to sales growth ratio) and we have assumed the upper end of this band. We are...
One 97 Communications Ltd. engages in the development of digital goods and mobile commerce platform. It offers top-ups, tickets, hotel booking, superstar talk, deals, music, video, games and mobile content. It operates through the following segments: Payment, Commerce, Cloud, and Others. The company was founded by Vijay Shekhar Sharma on December 22, 2000 and is headquartered in Noida, India.
NSE
