PAYTM : Bottom is in Making !!PAYTM has felt 60% from highs
Its making Broadening Pattern and its support is coming around 270-320 levels.
Those who are thinking to go BUY can BUY around these levels.
Paytmsetup
#PayTM Daily candle showing the biggest buy volume candle ever#PayTM
Today’s daily candle is showing the biggest buy volume candle ‘ever’.
You know what this typically means?
While retailers are selling, Institutions or market makers are building position in it.
Price made new low’s and has already reclaimed previous ATH level (dotted line as shown in chart)
If price is able to reclaim this dotted line as support - I think it is a strong buy for me (with SL below dotted line on candle closing basis)
PAYTM : When will be best levels to buy ? Alert! Bearish Pattern Spotted! 🐻
📊 Pattern: Falling Channel
📌 Symbol/Asset: PAYTM
🔍 Description: Stock is falling from 1000 and stock can correct upto 300 levels.
250-300 support would be the best level to buy for paytm
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation.
PAYTM Rollercoaster: Brace for Impact and Thrills! 🎢😱💼In the midst of market turbulence, PAYTM takes center stage as we observe panic selling, juxtaposed with the intriguing stability provided by a weekly order block. In this analysis by NEOALGO, we explore the dynamics influencing PAYTM's current trajectory and the possibility of a noteworthy shift.
The prevailing panic selling sets a challenging tone, but the resilience showcased by a weekly order block hints at a potential turning point. As we delve into the market nuances, it's noteworthy that we won't be surprised if PAYTM reaches 100 INR within the next three months.
Caution is advised. NEOALGO is not SEBI registered, and investors should conduct thorough research. Acknowledge that your decisions directly impact your profit or loss.
Stay informed, navigate the uncertainties surrounding PAYTM, and consider the potential outlook provided by our detailed analysis. 📊🔍 #PAYTM #MarketTurbulence #PotentialOutlook #StrategicAnalysis
#PAYTM LONG TRADE IDEA SETUPGreetings Folks,
today i have prepared a setup on PAYTM on NSE
the setup is as follows
- we are using a previous low swing structure for the support
- there is good liquidity build just above our support
dont play with fire, always use predefined stoploss
Paytm long Paytm making cup and handle pattern. Long above 553 for tgt1- 640, tgt2- 707. Sl handle low or 499
PAYTM (SHALL WE INVEST OR AVOID ?????) Dear traders, I have identified chart levels based on my analysis, major support & resistance levels. Please note that I am not a SEBI registered member. Information shared by me here for educational purpose only. Please don’t trust me or anyone for trading/investment purpose as it may lead to financial losses. Focus on learning, how to fish, trust on your own trading skills and please do consult your financial advisor before trading.
PAYTM (SHALL WE INVEST OR AVOID ?????) Please share your thoughts. I have shared my idea on chart. It's in my avoid list. Sharing my inputs in response to trader's query regarding investment in PayTM. Disclaimer: I don't have any investment/position in PAYTM STOCK.
paytm false breakout?if you look closely the stock, yes the stock broke the trend line on 29th of aug, but its recovering and coming back to its support, theres a green candle too, lets see what happens on Monday. check out the volume too. plus have look on MACD indicator, its strategy telling to go up.
Paytm 70% Potential From here#PAyTm/ INR Technical Analysis:-
#PAyTm Formed Double Bottom and Bounced.
Breakout + Retest = ✅
I am Expecting Next move Toward Targets
Stop Loss = ₹545
Paytm for short to MId Term swingExplained everything on the chart, Considerable buying from the bottom with 480 stop loss
PayTm Is Redy to Fire So 2000 Target as per my Chart#PayTm/INR TA Update:-
₹Paytm current Price = ₹545
= -74% Down from IPO price
= Truly Big Failed IPO
= Currently Downtrend is over as Per Chart.
= Bullish engulfing Pattern formed in HTF
= GAP has not been filled since the listing.
=GAP1 = ₹1490.75 & GAP2 = ₹766.60
= I’m Buying here around ₹530-₹546
= Targets = ₹766/₹1490/1807
= Target is 246% in Long term
= Stop Loss ₹520 ( Exit below ₹520 )
PayTm 17% Up from our Entry and What Next?#PayTm/INR Profit Update:-
₹Paytm Trading around ₹610 and went upto ₹619
Our entry was ₹530-₹546
Now 17% up from our Lower entry.
Hope you happy with Stock Analysis.
Still My 1st Target is ₹766
Targets:- ₹766/₹1490/₹1807
Stop Loss:- ₹520
Will Paytm make W pattern and Elliott wave till the target ?Will Paytm make W pattern and Elliott wave till the target.
As news described:
Shares of One 97 Communications Ltd - the parent firm of Paytm - tumbled over 13 percent on Monday after the Reserve Bank of India asked the Paytm Payments Bank to stop opening new accounts amid "material supervisory concerns" observed in the bank. Morgan Stanley has reduced its target price on Paytm's stock to Rs 935 and has also reduced its rating to 'equal-weight' on the back of rising regulatory uncertainty and lower relative valuation...
