"Welcome to SkyTradingZone "
Hello Everyone 👋
ZOMATO on a 1-hour timeframe
Support Levels: Identify recent lows where the stock price has bounced back up. For example, if Zomato recently found support around ₹60, this level is crucial for potential buying interest.
Resistance Levels: Determine recent highs where the stock price has faced difficulty in rising further. For instance, if the stock struggled to surpass ₹65, this would be a significant resistance level.
Support Levels:
₹245
₹240
₹235
Resistance Levels:
₹255
₹260
₹265