Paytm stock never went above its listed price of 1950
It got listed in Nov 2021
In the first month itself many baught the stock at lower levels from 1300 to 1700 and were hopeful the stock will go past 1950 to cross 2000+
Second month : Dec 2021 the stock wiped out the entire 1700-1300 range leaving no room for any recovery
It went down to 310 in May 2024
from there it has slowly gathered strength to cross 1000 which made the swing low of 310
it has sustained above 1000 went upto 1381 and took support at 930 to now present price of 1590
Watch closely how the stock reacts near 1700 levels
Most likely the bulls that bought in Nov 2021 will feel relief the stock came back to their buying price and will exit near 1700. There is a high chance that it may fall back to 1300 range and then start to move upwards towards 2200
It got listed in Nov 2021
In the first month itself many baught the stock at lower levels from 1300 to 1700 and were hopeful the stock will go past 1950 to cross 2000+
Second month : Dec 2021 the stock wiped out the entire 1700-1300 range leaving no room for any recovery
It went down to 310 in May 2024
from there it has slowly gathered strength to cross 1000 which made the swing low of 310
it has sustained above 1000 went upto 1381 and took support at 930 to now present price of 1590
Watch closely how the stock reacts near 1700 levels
Most likely the bulls that bought in Nov 2021 will feel relief the stock came back to their buying price and will exit near 1700. There is a high chance that it may fall back to 1300 range and then start to move upwards towards 2200
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.
כתב ויתור
המידע והפרסומים אינם מיועדים להיות, ואינם מהווים, ייעוץ או המלצה פיננסית, השקעתית, מסחרית או מכל סוג אחר המסופקת או מאושרת על ידי TradingView. קרא עוד ב־תנאי השימוש.