PAYTM 1 Week View

📈 Current Price Snapshot

Latest Price: ₹1,241.50

Day's Range: ₹1,224.30 – ₹1,247.80

52-Week Range: ₹651.50 – ₹1,296.60

🔧 Key Technical Levels (1-Week Timeframe)

Resistance Levels:

₹1,247.80 – Recent intraday high

₹1,288.30 – Near-term resistance zone

Support Levels:

₹1,224.30 – Recent intraday low

₹1,119.00 – Short-term support

📊 Technical Indicators

Relative Strength Index (RSI): 57.67 – Indicates bullish momentum without being overbought.

Moving Averages: Both short-term and long-term moving averages are in a bullish alignment, supporting the positive trend.

Stochastic Oscillator: In the bullish zone, suggesting continued upward momentum.

🧭 Summary

The stock is currently trading near its recent intraday high, indicating strong bullish momentum. With RSI and moving averages supporting the uptrend, PAYTM appears poised to test higher resistance levels in the near term. However, investors should monitor the stock's movement near the resistance level of ₹1,288.30 for potential breakout or reversal signals.