PAYTM trade ideas
Paytm Down -78% from its IPO Price..#Paytm
Paytm Stock hits All Time Low
I think
@vijayshekhar
Bheyya Selling His #Stocks and Trying to Buy #Bitcoin At Dip..
Because he knows the Next 2-3 Years it can give Max 2x-3x
but #BTC can Give 10x-15x
Now -78% Down From IPO Price.
IPO Price was = 2080-2150
Current Price = 486
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 - Time to go long ?1. The channel looks like a case of long term order building to me.
Scenario 1: If the seller at 760 can break the channel and close below, then the setup is invalid
Scenario 2 : If the buying pressure can close above the seller at 760 at day level, then there is a solid case for longs.
Note, the Price volume at 600 is the mode of the histogram, maybe a fair value to buy paytm ?
BTW, why would there be a rally for paytm ? Need to check fundamentals.
PAYTM - TIME TO RISE? - ELLIOTT WAVE ANALYSISPAYTM after it's fall... Formed a Leading diagonal. One may buy for mid/longterm if price crosses 676/- with strict stoploss at 578/-
This could be the start of major 3rd wave. I'll update next target once next waves (1) - (2) forms soon. Keep an eye on this.
-Definitely not SEBI Registered. So, this is only for educational purpose.
Invest wisely!