PayTM - Not sure what to do?PayTM
Pros
- Looking Positive for now it should move upwards from tomorrow.
- We might be able to see a target of 550 -570 for now in the next few days.
- Its way below its 50 day moving average
- Enter for a fresh buy? only once it cross 800 Levels
- RSI is at 28 fresh buy to enter at 60
The above suggestion is only for the ones holding the stock
Happy Trading
like & Follow
Ping me on Whats app on 99626 68555 for any stock related suggestions
PAYTM trade ideas
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...
PAYTM MAKING BULLISH ENGULFING PATTERNPayTm is making bullish engulfing candle stick formation on various time frame ie Daily, 4H,3H,2h. Also RSI and SMA crossover is giving positive confirmation. If cross trendline resistance than make a big move. Only for educational purpose. see your own chart study before any decision.
Pay TM India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions
Very High Price to payI believe all big sharks (softbank,etc...) are getting off the train as poor retail traders are sucked in.
I used paytm last year. now a days use google pay and amazon pay. From our employees to shops etc... all use google pay.
Hence my view to stand by and wait for 1000 or less.
Pay TM IndiaSun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
Focus: Worldwide
By Sun Storm Investment Research & NexGen Wealth Management Service
A Profit & Solutions Strategy & Research
Trading | Investment | Stocks | ETF | Mutual Funds | Crypto | Bonds | Options | Dividend | Futures |
USA | Canada | UK | Germany | France | Italy | Rest of Europe | Mexico | India
Disclaimer: Sun Storm Investment and NexGen are not registered financial advisors, so please do your own research before trading & investing anything. This is information is for only research purposes not for actual trading & investing decision.
#debadipb #profitsolutions