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CA Omkar Bhutada - SEBI Reg IA

3rd Sep · SEBI-Registered Analyst

“Paytm: Big Breakout After 3 Years of Consolidation 🚀📊”

PAYTM
📊 Technical Breakdown 1️⃣ Long Consolidation: From Dec 2021 → mid 2025, stock was stuck in a broad ₹450 – ₹1,060 range. Finally gave a decisive breakout above ₹1,060 with strong weekly volume. 2️⃣ Trend: Stock is now in clear uptrend, trading at ₹1,288 (+6.7%). Strong follow-through candles → confirms breakout strength. 3️⃣ Targets (Based on Range Projection): Consolidation height ≈ ₹600. Breakout target = ₹1,060 + ₹600 = ₹1,660 🎯 Next measured move could extend towards ₹1,850–₹1,900 zone. 4️⃣ Supports: ₹1,060–₹1,080 → breakout retest zone. As long as this holds, bullish structure intact. 5️⃣ Risk: Breakout is fresh → volatility can be high. Weekly close below ₹1,060 will negate bullish view. 🚦 Learning Angle for Post “The longer the consolidation, the stronger the breakout. Paytm consolidated for 3 years – breakout now gives potential for multi-month rally.”

#StockInNews#Today’sTradingSetup#WatchOutFor#TechnicalViews#FundamentalViews
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