paytm | 197 communication ideapaytm | 197 communication idea closing below 350 may call for 197/- Rs. for Paytm by XDataAnalystUpdated 5
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 2024by SWFguyUpdated 14
PAYTM to 1000 #PAYTM Broadening wedge setup, exactly bounced off the lower trendline and now looks pretty good. Dont forget, MUTUAL FUNDS and MORGAN STANLEY have bought this dip massively. Previous Lows were around 450 and that should present itself as a massive resistance. Once we break that, its bull season for and the confirmation of the double breakout will only be above 480 that is 23.6 on the fibs. POTENTIAL UPSIDE: 656 - 791 - 994 and timeframe I am expecting is within 2024. Invalidation of the view is on the break below 340 on closing basis on 2D timeframe.Longby TheSnop10
PayTm Long PositionalBuy PayTM above 532.55 Target of 645-765-882-998 SL 310 Strategy : Lower Pick, Prior support Duration few weeks Please consult your financial advisor before investing All research for educational purposes only. Stock is ready to cross past barriers with good volumesLongby IOTABHIUpdated 14147
Paytm - Royal Trapping of Retailers (or) Real Bullish Reversal ?Paytm is Hot News for the past couple of weeks on all Social Media channels for obvious reasons. While RBI and Central Govt turned their back on Paytm, the once famed as Hero is now on the verge of becoming Zero. Right from the IPO valuations, Paytm is not in good books of many investors and has been losing its value continuously from 2000 all the way down to 300 range now While Many Retailers who are Trapped in there - looking up to the almighty for a saving hand, many feel the new about Axis bank taking up the role of Paytm Payments Bank is that Light at end of the Tunnel. Do the Technicals support this view ? or is it one more ploy by the Biggies to Royally Trap the Already Beaten down Retail investors ? Let's review below Technical Analysis: Monthly Chart: Right from IPO the price fell, then moved upside inside a Parallel Channel forming a Bearish Flag pattern then Breakdown of Flag which is so bad Weekly Chart: We published the Weekly Chart on Feb 14 - clearly calling Paytm to be a dangerous script to invest in right now. It Broke-down from the 2 Year Upward Parallel Channel and broke the Last 3 Rays of Hope (the 3 Support lines). It was a Classic case of Breakdown-Retest-Fall Daily Chart: On the Daily chart - for the past 3 days, Paytm is hitting 5% UC, but where is it heading ? Heading right to the Previous Bounce Zone - 395. Now Why is 395 so significant ? Its not just the Resistance Now - but rather on the Fibonacci Retracement scale - 395 is sitting right at 0.382 Retracement Level. Remember Fibonacci Retracement rule ? If any stock happens to Retrace to any one of Fibonacci Levels and It also happens to be a Support / Resistance then it adds more power to the Support or Resistance. In this case, its a Resistance. If the Price gets rejected from 395, then again its the classic case of Breakdown-Retest-Fall What is Safe Zone now ? Anyone Already Holding Paytm - continue to Hold and wait for confirmation of Rejection / Breakout of Resistance at 395 zone New Entries must strictly be avoided at this stage - No Bottom Fishing - else you wont survive to have your Sunday Fish Fry :) The Bullish Confirmation starts only after successful and decisive Break-out of all 4 Resistances (395, 440, 480, 525). Until then - it is still Bearish Play Safe..Advice Caution...No New Entries Disclaimer: 3+ Years Teaching Experience in Stock Market - Technical Analysis, Advanced Patterns, Emotional Management, News based Trading... We are NOT SEBI Registered Our focus is NOT providing Buy/Sell Recommendations/calls Primary Objective is to provide detailed analysis of how to review a chart, explain multi--timeframe views purely for Educational Purposes. We strongly suggest our followers to "Learn to Ride the Tide irrespective of its Side" *** Important *** Consult your Financial Advisors before taking any positions If you like our detailed analysis, please do rate us with your Likes, Boost and share your comments -Team Stocks-n-TrendsShortby Stocks-n-Trends4
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. Longby FiveCircles119
Too Much Fear in Paytm. I bought MoreThis stock will blow everyone's mind including the big investors. If Morgan Stanley can buy 54 lakh shares at 243 crores why can we ? Buy the fear sell the news. Back to 2000 in 2 - 3 years.Longby vodoo666227
PAYTMPaytm Payments bank effect due to RBI action... well... those who were left out on investing have a better Chance..? Well... it nearing its NOV 2022 LOW 438... Any close below 438 can result in more weakness..... Levels marked for ur perusal. Any 3 Daily Close above 438 then the counter will seem to be stabilising a bit.. Above 510 trading levels and channel marked.. Like.... Share...Follow.... by emraldconsulUpdated 7
Will PAYTM (One 97 comm., India) activate the target 1475 ?Daily chart, the stock should cross the Resistance line R1 (green) and trade above 810, to target the Resistance line R2 (at around 1050) After clear crossing and closing 2 days above R2, the target will be 1475 Stop loss below 720 should be considered.Longby snourUpdated 3310
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..Shortby deepakgupta20278Updated 6
#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)by BattleofStocksUpdated 4
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.Shortby position_loser0
"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..........by dchua19690
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. *Comment or message me if you wish to see my analysis for any stocks. **Disclaimer - I am not a SEBI registered analyst or advisor. I does not represent or endorse the accuracy or reliability of any information, conversation, or content. Stock trading is inherently risky and the users agree to assume complete and full responsibility for the outcomes of all trading decisions that they make, including but not limited to loss of capital. None of these communications should be construed as an offer to buy or sell securities, nor advice to do so. The users understands and acknowledges that there is a very high risk involved in trading securities. By using this information, the user agrees that use of this information is entirely at their own risk. Thank you.by PrashantTaralkarUpdated 1
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.Shortby FiveCircles10
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 #StrategicAnalysisShortby NEOALGO_PRO2
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.Shortby neeraj_2_sharma112
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. by me1vap110
$paytm2x from here likely once we reclaim the low for now will accumalate below here not in this just scanning by CompoundingGain2
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.by guptaayush78631
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)Longby happyvegan103
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. by dalalstreetguyUpdated 7
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 Shortby SWFguy4