paytm updatedear all again paytm in bad news so entry in near 550 leves or entry in my mark zone 400 near, thats a very good entry so entry if price down..
PAYTM trade ideas
#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 possible supportsNOTE: I am not a professional investor; I have only two years of experience in stocks and investing. Please refrain from making any trades based on my chart analysis, as this is solely for community learning purposes.
"Jack Ma" of India faces backlash from government When money is concerned, government control is important in many countries, India included. Whether it will revive again is another story for the future, the 40% drop in 2 single days is enough to send shivers to the investors..........
PAYTM- AnalysisPaytm 1200 or 370 ?
If falls below 593 then i will be bearish on this stock.
If comes around 380 to 370 then will be good buying Opportunity.
Major upside levels - 670, 730,790, then 850 Above this will be more Bullish, 915, 980, 1050, 1120 then 1166 or 1200
Major Downside levels - 593 or 570, then 519, 472, 426, 383 or 370
Please do your due diligence before trading or investment.
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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 to half from currentlevels even after dropping 40% in2daysPAYTM is currently falling in Bearish "C" wave and the target for the same is projected around INR225-240 zone.
The fall after its listing was an bearish impulse labeled as "A" and the entire 2022-2023 move can be labelled as a counter trend bounce labelled as "B".
We can witness another 50% drop from current levels with or without any counter trend bounces on the way down.
Paytm on floor, will it revive ?Levels of support marked for Paytm, as long as it holds - there is a possbility it could revive. It could go sideways for a considerable time and then make a base before starting next move up. Nobody can say if this will happen for sure just by looking at the chart as it stands now. But if one looks at the volume on this week's (week ending 2nd Feb'24) red candle it's not that big (compare with 6 Feb '23 volume for green candle where recent upmove started) so possibility that big hands are still holding it, looks like the sell-off majorly came from retailers panicking with the news. Personally I like to avoid the stocks that are too much in public eyes. For me - the appropriate SL for this scrip was around 850 on weekly closing basis - so if I had this stock, I would have exited way before the bad news. But in general - all we can do is be ready with the analysis to get in or get out as per the setup and ALWAYS RESPECT THE STOP LOSS !!!
Disclaimer - personal opinion only.
$paytm2x from here likely once we reclaim the low
for now will accumalate below here
not in this just scanning
Good bears now in PAYTMBearish technical setup and also bad news for Paytm is here so we canwe can except if there is good or bad budget day still Paytm will be in red and will go on untill 540(next support zone)
So we can get it on upcoming days in intraday go on till 525 easily.
Paytm Paytm is also looking promising as the weekly candle closes above gann levels and 1/1 angle
Most of the Mobile App stocks might start their rally from now on(Naukri/Zomato to new a few)
EASEOFUSERSI Heavily oversold, will not stay at these levels, the loans news is priced in at this point, will make a bounce back sooner most likely tomorrow of in this week.
PayTM: Mat KaroReducing EPS Losses peaked in March 23 at Rs -2.6
For the Quarter ended Sept 23, EPS losses nearly doubled at Rs -4.6
The Stock Prices over the past six months is averaging Rs 900.
Target Rs 600 by March 2024
Paytm Trianle breakoutPlease follow Chart, the target is given using the horizontal line i.e., 1388 and stoploss is just below the triangle around 840
Can witness a rally until 1100 level if breakoutCan witness a rally until 1100 level if breakout, The trend shows a strong upside momentum and also the support and resistance levels are very much respected, retracement levels and technical indicators also show a positive sign.
Paytm showing strong uptrend support Paytm is current profit bookings company base on India digital platform so we expected good growth in future which will trade more than IPO value at short-term ad with in month it will trade 4 digital value because on the uptrend shifting support level.
Buy in current level
Stop-loss ..Rs 830
PayTM Levels for Positional BuyBased on Consolidation and Breakout this script looking promising and an upward move cane be seen.
Beautiful breakout Weekly chart analysis
1) my Target 1280-1300
2) stock beautiful breakout 980 resistance
3) now stock may face sentimental resistance of 1000
4) when it sustain above sentimental resistance
5) it can go as my 🎯
6) keep Stop loss of 850
7) manage quantity for better results
8) symmetrical triangle breakout in stock
9) good volume build-up in stock
10) we not recommend any stock and this stock also, I'm trying to show case my knowledge in yours
11) risk is yours I'm not responsible for any stock buying and selling
PAYTMIt can be a gud buy. as it confirmed double bottom break out. sl will be 790. up side move potential is very gud. Trade on weekly time frame.
Trade The ChannelPaytm has been trading in the channel for last few weeks.
Green Channel is something which we need to watch for.
Buy low & Sell High of channel.
If broken below channel , Reevaluate.
#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
