PAYTM --TREND ANALYSIS

PAYTM TREND ANALYSIS --HOURLY CHART.

1 . AS seen on hourly chart paytm look bullish after trendline breakout above 485 , if 15min/ hourly candle close above 485 ,

2. chart formation will be bearish if 15/min , hourly candle close bellow 440

3. support on chart seen around 445-450 and resistance 545-550 level

4 currently stock trading at 475 sub level . for initate BUY position entry after confirmation as above 485 for positional target 500-525-550
stop loss should bellow 440 level now

5. pullback seen on oversold line as RSI at Around center line at hourly chart currently.



** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..TRADE AT OWN RISK

**COMMENTS AND SUGGESTIONS ARE WELCOME


HAPPY TRADING, !!