Paytm Even ED raids, the price of paytm fell down below 685 and recovered to 708. Bullish Spinning bottom candle formed today. Bullish reversal starts from here.
PAYTM trade ideas
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 fly If candle break the black trendline in this time frame , when flying paytm you will see it .
PAYTMPAYTM - Absorption of supply and a strong base formation
A swing trade
We have a base formation accompanied by strong breakout.
SL - 50 ema
Targets - 720/ 765/800
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!
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 - MULTIBAGGERPaytm will touch the price of 1080 in coming days as there is one positive divergence building up which needs to get sorted out by trending the price in upward direction
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 )
Good buying opportunity for Paytm Paytm just jumped up from all time low, it's in good watch for big investor,
Let's see how it will go, small term Will definitely give some profit
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
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
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