RA Name:MANJUSHRI SHARMA

RATIONALE :

📈 INTRADAY TRADE ALERT – LONG

🔍 Stock: Paytm (PAYTM EQ, NSE Cash)
📅 Date: 11th Sept 2025
📜 Issued by: Equity Guru MS | SEBI: INH000019497

💡 Trade Setup

• Action: BUY / LONG

• Trigger: Above ₹1234

• Stop Loss: ₹1200

• Target 1: ₹1270

• Target 2: ₹1295

• Quantity: As per risk management

🔍 Technical Insight

• Breakout Level: Sustained move above ₹1234 signals strength and bullish continuation.

• Support Zone: ₹1200 acts as a strong base; ideal placement for stop loss.

• Momentum Indicators: Stock holding above intraday VWAP & 20 EMA, showing renewed buying interest.

• Volume Action: Increasing buy-side volume on breakout levels supports bullish sentiment.

• Chart Structure: Breakout from consolidation channel visible on 15-min charts, confirming upside potential.

📘 Trading Strategy

✅ Buy only above ₹1234 with volume confirmation.
🚫 Stop Loss: ₹1200 (strict).
🎯 Target 1: ₹1270 – book partial profits.
🎯 Target 2: ₹1295 – trail SL to ₹1245 after T1 is achieved.
🕒 Intraday traders must exit by 3:15 PM.

⚠️ Risk Disclosure

Trading and investing in equities involve market risk. Prices are volatile and may lead to partial or total capital loss. Past price action is not a guarantee of future performance. This recommendation is shared for educational purposes only and does not constitute investment advice. Traders are advised to use stop losses, manage position sizing, and consult their financial advisor before acting on any market recommendation.

Diclaimer: https://www.equitygurums.com/disclaimer.html