After its listing @ 1964 PayTM is falling down like London bridge. So far it has fallen around 321% from its all time high of 1964. This week, however, the stock has done something different. After 6 months of consolidation, the stock has given breakout above 440. In my opinion, it has made a double bottom pattern. However, even if I'm wrong it has at least given a bullish rectangle breakout with higher volume. On the fundamental side, the company is almost debt free so has a huge advantage.
Whoever wishes to take this trade should know that it is a very well beaten stock with bad balance sheet. For me its a worth of a trade with small risk.
CMP - 466 (13/7/24)
T - 800, 1000 W
SL - 395 W
Whoever wishes to take this trade should know that it is a very well beaten stock with bad balance sheet. For me its a worth of a trade with small risk.
CMP - 466 (13/7/24)
T - 800, 1000 W
SL - 395 W
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.