PAYTM - IntraDay Trade Analysis

Last Updated Time : 02 Aug 25, 12:58 am

IntraDay Trade Rating: 4.5

📊 Intraday Trading Analysis for PAYTM

PAYTM is currently a strong candidate for intraday trading, driven by bullish momentum, a recent earnings turnaround, and favorable technical positioning. While long-term fundamentals are still stabilizing, the short-term setup supports a momentum trade.

✅ Bullish Indicators

RSI (67.2): Strong momentum, nearing overbought — ideal for breakout trades.

MACD (46.0): Bullish crossover with rising histogram — confirms upward momentum.

Price > 50-DMA (₹950) & 200-DMA (₹835): Clear uptrend.

Qtr Profit Var (+117%): Strong earnings reversal.

EPS ₹4.77 & Debt-to-Equity (0.01): Virtually debt-free.

DII Holding ↑ (+1.82%): Strong domestic institutional support.

52w Index (91.4%): Near yearly high — sentiment is bullish.

⚠️ Cautionary Signals

ROCE (-10.1%) & ROE (-10.3%): Still negative — long-term concerns.

FII Holding ↓ (-0.52%): Mild foreign selling.

Volume (51.4L) < Avg Vol (1.29Cr): Needs confirmation via midday spike.

No P/E or PEG: Valuation metrics unclear due to recent profitability shift.

🔹 Intraday Strategy

📌 If Entering Fresh Today

Optimal Buy Price: ₹1,065–₹1,070 (on dip near support)

Profit-Taking Levels

Target 1: ₹1,090 (minor resistance)

Target 2: ₹1,105 (if volume improves midday)

Stop-Loss: ₹1,050 (below intraday support)

📌 If Already Holding Today

Exit Triggers

RSI crosses above 70: Consider booking profits

MACD flattens or turns negative

Price fails to hold above ₹1,070–₹1,075 zone

Volume drops below 40L with weakening price action

🧠 Final Thoughts

PAYTM is a high-conviction intraday trade today. Momentum is strong, and the recent profit turnaround has energized sentiment. Ideal for breakout scalping or short-term momentum trades with disciplined exits.

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