Zomato Looks good this week starting 20th Feb 2023

Zomato Technical Analysis for this week
moving averages indicating: strong buy
technical indicators indicating : strong buy

Technical Indicators
stoch(9,6) 65.133 buy
macd(12,26) 0.710 buy
adx(14) 41.266 buy
cci(14) 167.5617 buy
atr(14) 0.5750 high volatility
highs/lows(14) 1.6857 buy
ultimate oscillator 60.203 buy
roc 5.202 buy
bull/bear power(13) 3.1560 buy

Moving Averages (ma)
ma5, ma10, ma20, ma50, ma100, ma 200

Note: the analysis is purely for educational purpose and not for the trade on this script.

Trade closed: stop reached:

Closed Stop loss hit on 22/02/2023

Comment:

However the targets are still achievable, closed due to SL.

Comment:

Now everyone buying!! but see when the wave started. Need to catch the stock at right time.

Comment:

what an idea sirjee, now markets gem.