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2026-07-02 10:28:13 am | Source: Religare Broking Ltd
Stock of the day : Paytm Ltd by Target Rs. 1280 - Religare Broking Ltd
Stock of the day : Paytm Ltd by Target Rs. 1280 - Religare Broking Ltd

Paytm Ltd

Buy Paytm Ltd CMP (Rs) 1203.70 Range* 1195-1205 SL 1160 Target 1280

* The stock has registered a decisive breakout following an extended consolidation phase, with rising volume, reflecting renewed institutional participation.

* Prices have surpassed a declining trendline while sustaining above key exponential moving averages, confirming a strengthening bullish structure.

* The prevailing upward price channel reinforces positive sentiment, and sustained trading above the breakout zone is expected to support further upside.

* Investors may consider accumulating the stock within the recommended range.

 

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