ZOMATO --Intraday setup --28/08/2023
Updated
ZOMATO --1 hour chart --intraday setup--28/08/2023
1. Zomato seen trendline breakout at last hourly candle on hourly chart last closing session
2. 90-92 seen as good support level at recent correction and 94-95 as hourly resistance level .
3. Daily/ hourly chart form higher high and higher low patter indicate bullish trend continue
4. Stock trading Above 50, 200 HMA on daily chart .
5. One can initiate Buy Current level 92 target 93-95 on intraday stop loss bellow support line at 89.50
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own Risk
HAPPY TRADING .!!
1. Zomato seen trendline breakout at last hourly candle on hourly chart last closing session
2. 90-92 seen as good support level at recent correction and 94-95 as hourly resistance level .
3. Daily/ hourly chart form higher high and higher low patter indicate bullish trend continue
4. Stock trading Above 50, 200 HMA on daily chart .
5. One can initiate Buy Current level 92 target 93-95 on intraday stop loss bellow support line at 89.50
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own Risk
HAPPY TRADING .!!
Note
intraday 1st target 93 HIT ....Note
intraday target 94 HIT ...Note
Intraday Trade Successful -- HAPPY TRADING !!
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