Paytm Share Price Today on
On the technical front, the stock is trading above the 10,20,50,100,300 days SMA & lower than the 5 day SMA. The stock will have support at 10,20,50,100,300 days SMA & face resistance at 5 days SMA
The SMA values for the stock are given below :
Days | Simple Moving Average |
---|---|
5 | 720.45 |
10 | 711.68 |
20 | 692.20 |
50 | 609.81 |
100 | 509.70 |
300 | 503.15 |
The classic pivot level analysis shows that on a daily time frame, the stock has key resistances at ₹732.73, ₹746.72, & ₹757.08, whereas it has key support levels at ₹708.38, ₹698.02, & ₹684.03.
Till 4 PM today, the volume traded on NSE & BSE for Paytm was -37.67% lower than the previous trading session. Volume traded is an important indicator along with price to study trends. Positive price movement with higher volume suggests a sustainable upmove, and negative price movement with higher volume might be an indication of further decline in prices.
Overall, as per Mint technical analysis, The stock is currently experiencing a strong bullish trend.
From a fundamental analysis perspective, the company has a ROE of -10.76%
The median 1-year forecasted upside in this share is at 20.71% with a target price of ₹569.00.
The company has a 0.00% promoter holding, 0.08% MF holding, & 18.02% FII holding as per filings in the september quarter.
The MF holding has increased from 0.04% in june to 0.08% in the september quarter.
The FII holding has decreased from 20.48% in june to 18.02% in the september quarter.
Paytm share price down -0.9% today to trade at ₹717.6 while its peers are mixed. Its peers such as are falling today, but its peers SBI Cards & Payment Services, Sundaram Finance, Housing & Urban Development Corporation, L&T FINANCE are on the rise. Overall, benchmark indices Nifty & Sensex are up 0.66% & 0.73% each respectively.
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