PAYTM - Technical Analysis

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

Technical Rating: 4.3

Here’s a fresh technical breakdown of Paytm (One 97 Communications Ltd)

📊 Trend Overview

Status: Trending upward with strong bullish momentum

Price Action: Trading well above both 50 DMA and 200 DMA — confirms positive trend

52W Index: At 91.4% of its 52-week high — near breakout territory

📈 Moving Averages

Indicator Value (₹) Signal

DMA 50 950 Bullish (Price > DMA)

DMA 200 835 Bullish (Price > DMA)

Price is ~13% above DMA 50 and ~28% above DMA 200 — confirms strong uptrend

📉 Momentum Indicators

Indicator Value Interpretation

RSI 67.2 Bullish — approaching overbought zone

MACD 46.0 Strong Bullish crossover

Volume 51.4L Below average — momentum may lack conviction

RSI above 65 suggests strong buying interest

MACD confirms upward momentum, but volume dip warrants caution

📊 Bollinger Bands

Price is near upper band, indicating buying pressure

Watch for pullback if price breaches upper band without volume support

📌 Support & Resistance Zones

Level Price (₹) Strength

Support 1 1,050 Strong

Support 2 1,020 Moderate

Resistance 1 1,100 Moderate

Resistance 2 1,128 Strong (52W High)

Entry Zone: ₹1,050–₹1,073 (if support holds)

Exit Zone: ₹1,100–₹1,128 (watch for breakout)

🔍 Short-Term Signals

Golden Cross: Price > DMA 50 & DMA 200 — bullish confirmation

MACD Divergence: Positive — supports continuation

RSI > 65: Indicates momentum building

🧠 Summary

Trend: Bullish

Momentum: Strong

Volume: Weak

Volatility: Moderate

Entry: ₹1,050–₹1,073

Exit: ₹1,100–₹1,128

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