PAYTM is approaching a major weekly resistance/PRZ after a strong upward move.
The current harmonic structure suggests a potential bearish reversal from this zone. I am looking for clear rejection and bearish confirmation before considering any short-side setup.
This is a technical analysis based on market structure, harmonic patterns and PRZ confluence. It is not a prediction or a guaranteed outcome.
I am not a SEBI-registered investment adviser/research analyst. This post is shared only for educational and informational purposes and should not be considered investment advice.
I am not responsible for any profit or loss arising from any trading or investment decision made based on this analysis. Trade at your own risk and conduct your own research.
The current harmonic structure suggests a potential bearish reversal from this zone. I am looking for clear rejection and bearish confirmation before considering any short-side setup.
This is a technical analysis based on market structure, harmonic patterns and PRZ confluence. It is not a prediction or a guaranteed outcome.
I am not a SEBI-registered investment adviser/research analyst. This post is shared only for educational and informational purposes and should not be considered investment advice.
I am not responsible for any profit or loss arising from any trading or investment decision made based on this analysis. Trade at your own risk and conduct your own research.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.