Paytm parent One 97 Communications confirmed that it has terminated 'nearly all agreements' between the company and Paytm Payments Banks.
Paytm shares fell nearly 3 percent on April 10 after Surinder Chawla stepped down as the Paytm Payments Bank managing director and chief executive citing personal reasons and to explore better career prospects.
Chawla will be...
We all know paytm is now in danger zone. Because already govt ha sasked to delink paytm payment banks.
So we may see a fall in coming times.
all information are for study purpose.
Paytm Faces Selling Pressure on News, RSI Bullish Divergence Signals Potential Reversal
1. Current Selling Pressure: Paytm is experiencing selling pressure, likely due to recent news developments, leading to higher-than-average volume.
2. RSI Bullish Divergence: Despite the selling pressure, RSI is showing bullish divergence, indicating a potential reversal in...
Supply zones are marked as red horizontal zones.
stock book value is 196 which may act as support.
Buy near 200
Stoploss 180
Targets are 440 - 750 - 1000
very long term Tgts 1300 - 2000
This idea is for Educational purpose and paper trading only. Please consult your financial advisor before investing or making any position. Facts or Data given above may be...
Based on Support and Resistance and Pivot levels, I think PayTM will test the following targets.
Target 1 -> 840
Target 2 -> 1000
Target 3 -> 1300
Lets keep an eye on this stock
- #Paytm is currently a complete catalyst-based stock
- Catalysts, positive, and negative news are driving its prices up and down
- logically you shouldn't attempt a trade in Paytm if your Portfolio is small
- Allocate 2-5% of your 100k here only if you are ready to risk 10%
- Paytm has a wide stop-loss trade due to lower Circuits
- I think a dead cat bounce...
PayTM chart shows a cup and handle pattern... An INHS formation is also underway...
T1 1255
T2 1350
My stop loss will be 825...
Company publishes monthly volume data, sometime later this week for August month, which may provide some direction on the chart... overall its weakness personified since Antfin reduced its stake, which is ironical as this was most...
Fib- the Fib extension from three diff swings is giving me 2 confluence the first one is at 335. Below this the next confluence is at 50/35. The stock is extremely bearish. Will Morgan Stanley buying give it some respite. Technically the most imp zone to watch out for is 335. Coz below this it will loose 90% of its value.
PayTm is on a free fall after Major stake sell off. The pull back from lows was resisted at the cluster zone which always work. So use the system to be saved from such panic situations in portfolio stocks. Learn where to buy and sell as per explanations given in past posts.
Happy Trading !!!
NSE:PAYTM Only SIP when you see Blood in the Market
People are SIPping the wrong way. Do it right for Wealth generation.
SIP when the herd is fearful.
Don't follow the traditional way, move away from the herd mentality.
1. Do your own research to identify good quality stocks. Add the "SIP Smartly" indicator.
2. Buy a fixed qty each time you get a Buy alert on...
