PAYTM --DAILY CHART SETUP -- Bullish reversal on card --may turn to Multibagger ATM
Technical observations .
1. Daily chart setup PAYTM seen trading at upper channel currently last candle close at lower level of upper channel
2. 180 HMA Support seen at last daily candle
3. Last candle form as doji trend reversal at lower level of upper channel indicate trend reversal from downtrend of channel
4. CCI ema seen follwing trendline upper trend support
5. Entry last doji candle close above 585 target (3-6 month ) 600-650-700 + ( channel high indicate 750 + level )
6. stop loss bellow strong support 501 hourly candle close
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ..** trade at own risk !!
HAPPY TRADING !!