BUY : PAYTM28OCT251120CE( PAYTM ) [116142]

by

Paytm recently broke out above ₹1200, showing short-term bullish momentum. However, most moving averages and technical indicators signal mixed or sell bias. RSI around 49 indicates neutral momentum, and MACD is trending positive. The stock faces resistance near ₹1320-1340, while support zones are ₹1200-1250. Profit booking may occur near resistance, so cautious buying on dips near support is advisable for positive trend continuation.