PAYTM - Short Term

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This is only for very short term.
Purely Technical call.
If it sustains above 608 on hourly chart, the targets are very much possible.

My strategy : I feel Nifty50 is still bearish (may be another few months) and will looks for quick momentum rally stocks. Low risk with a tight Stoploss and cream out with 5-8% returns quickly.

STOPLOSS is the key. Keep it as per your risk appetite and trail the Stoploss once the trade is active.
Trade chiuso: obiettivo raggiunto
Nota
Trade was activated on 22 March 2023.
Chart PatternseducationalpostsFLAGTechnical IndicatorslowriskhighrewardpaytmriskmanagmentTrend Analysis

*DISCLAIMER*
For educational purposes only. Not a recommendation.
Treat StopLoss as your best friend to get you out of troubles.
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