Technical Analysis of Paytm (NSE) – Daily Chart

Paytm (NSE) – Technical Outlook
Pattern: Falling wedge (bullish reversal).
Support Zone: ₹710 – ₹724.
Resistance Levels: ₹774 (immediate), ₹1,062 (major), ₹1,271 (ultimate target).
Breakout Scenario:
Above ₹774 → Possible rally to ₹1,062 (+26.53%).
Above ₹1,062 → Further upside to ₹1,271 (+41.05%).
Bearish Risk: If ₹710 breaks, downside pressure may increase.
Conclusion: Watch for a breakout above ₹774 with strong volume for bullish confirmation.