Paytm - Time to go long ?
1. The channel looks like a case of long term order building to me.
Scenario 1: If the seller at 760 can break the channel and close below, then the setup is invalid
Scenario 2 : If the buying pressure can close above the seller at 760 at day level, then there is a solid case for longs.
Note, the Price volume at 600 is the mode of the histogram, maybe a fair value to buy paytm ?
BTW, why would there be a rally for paytm ? Need to check fundamentals.
Scenario 1: If the seller at 760 can break the channel and close below, then the setup is invalid
Scenario 2 : If the buying pressure can close above the seller at 760 at day level, then there is a solid case for longs.
Note, the Price volume at 600 is the mode of the histogram, maybe a fair value to buy paytm ?
BTW, why would there be a rally for paytm ? Need to check fundamentals.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.