Paytm Faces Selling Pressure on News, RSI Bullish Divergence

Paytm Faces Selling Pressure on News, RSI Bullish Divergence Signals Potential Reversal

1. Current Selling Pressure: Paytm is experiencing selling pressure, likely due to recent news developments, leading to higher-than-average volume.

2. RSI Bullish Divergence: Despite the selling pressure, RSI is showing bullish divergence, indicating a potential reversal in the near future.

3. Lower Trend Support: The stock is currently finding support from the lower trend line, which could help stabilize prices amidst the selling pressure.

4. ADX and MACD: ADX and MACD can provide additional insights into the stock's momentum and potential direction.

5. News Impact: Stay updated with the latest news as it can significantly impact Paytm's stock price and trading patterns.