PAYTM trade ideas
PAYTM CAN TAKE SUPPORT AT 898
We have very little data so far on PAYTM. Basis FIB retracement PAYTM is at 1.1618 levels and is also oversold on RSI. Chances are that it shud take support from these levels of 900 and see a decent upmove. Keep tracking and keep it on ur radar. If 900 is broken on a closing basis then 700 is also possible.
PayTM - Reversal time !Paytm : Watch
Two Reasons for a Possible Reversal
1. Doji Formation
2. Three back to back Green candles first time
since downfall started
Long above 940, support at 900
Paytm Bulls Are In Form startPaytm form morning star in 1 hour
Today seller was very high in comparing to buyers and quantity traded
Some Big Institutions have bought high deliveries
PAYTM
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Paytm form morning star in 1 hourPaytm form morning star in 1 hour
Today seller was very high in comparing to buyers and quantity traded
Some Big Institutions have bought high deliveries
PAYTM
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Paytm Bearish GripPaytm Looking Strong Bearish
Hope less fall may happen
concentrate short if price sustain below 960
Follow up on the previous chartI may wrong but this is what i expect should come true.
Not an advice just a assumption..
Paytm might give a little bounce Short termDISCLOSURE
This is only for educational purpose
This is not a recommendation
I am not SEBI registered
Do not TRADE/INVEST basis what I publish here
I am not responsible for your loss or gain
It is prudent to assume that I have ulterior motives in publish this
I and my clients might or might not have a position, I and my clients might or might not have a opposite position
PayTm - Possible Short and long trades. PayTm -
1. In DownTrend.
2. Was bought from 1000 in anticipation of reversal to 1300 and above but failed as 1000 broke today.
3. Sustaining below 990 would mean new shorts will enter, many buyers will be forced to exit at loss.
4. Break of 990 and failing to sustain below it and reversing would mean buying coming from below 1000 level, trapped new shorts.
4. Intraday Trade -
a. Short if sustains below 990.
Target - 950, 910. Stop 1005.
b. Buy - Breaks 990 and fails to sustain below
it. Buy above 1003, Target - 1010, 1050,
Stop - 1000.
paytm lower low formation1. paytm lower low formation
2. started to make it W
3. FRESH BUY INTI @ 1000 * 100 QTY
4. 21 jan 22 13:15 target 1113
5. nifty target dec 2022 @ 20,000.05
PAYTMPlease have a look at the fibonacci levels plotted by me on this chart.I have tweeked the settings in which I get the retracement levls and extension levels simultaneously look how beatifully it stopped at -0.382 levels and faced resistance of -0.236 levels so if it crosses -0.236 levels then we could take entry for first target of 0 levels i.e. 1275.
What a wealth destroyer! (of IPO allottees)#PAYTM
What a wealth destroyer! (of IPO allottees)
No signs of bottom yet. So no SL as of now but you may keep SL of today's low. I hope it recovers in Future and create success stories. But a NO as of now!
paytm recovery startedtest 1 done
test 2 done
coming back to its zone
please initiate buy
purchased 110 quantity at 1078.60
good luck
PAYTMLong term investors can accumulate around 960 - 1010. We are expecting a good reversal from these levels.
Sell below 1253 SL 1275 TGT 1231 1206Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Sell below 1286 TGT 1252 SL 1329Suggestions are based on my analysis only. Please do your analysis before taking any trade.
Sell below 1311 SL 1350 TGT 1286Suggestions are based on my analysis only. Please do your analysis before taking any trade.
paytm buy @ 1310.35paytm buy @ 1310.35 testing short term 78.6 % levels
then it will take reverse by making morning star pattern tomorrow after 4 hrs of day trading
