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Zomato Back in Action: A Perfect Setup for Swing Traders!Hello Everyone, i hope you all will be doing good in your life and your trading as well. Today i have brought a perfect swing setup in Zomato, which is Trading just near to huge demand zone, Let's start: Zomato’s chart is painting an interesting story for those who enjoy digging into technical setups. The 226-240 demand zone has once again proven its importance, acting as a strong support level where buyers historically step in and push the stock higher. We’ve seen this play out before, with upward swings of 15.27%, 23.05%, and 26.29% in the past, each starting from this very zone. Now, with the gap being filled and the stock back in this critical area, it feels like history might just repeat itself, offering an exciting opportunity for a potential reversal. Adding to this optimism is the RSI indicator, which shows the stock has reached oversold territory something that has often been a precursor to strong rebounds. If the stock follows its historical pattern, we could see targets of 278, 298, and even 320 in the near future, marking a potential upside of over 31%. However, no strategy is complete without managing the risk, and that’s where a well-placed stop-loss at 226 comes in, just below the demand zone. Hello guy's while this setup looks promising, remember that no analysis is foolproof. Always take the time to do your research and make decisions that align with your risk tolerance and goals. Fundamental Ratio:- Market Cap ₹ 2,35,171 Cr. Current Price ₹ 244 High / Low ₹ 305 / 122 Stock P/E 317 Book Value ₹ 24.1 Dividend Yield 0.00 % ROCE 1.14 % ROE 1.12 % Face Value ₹ 1.00 Industry PE 46.1 Debt ₹ 1,159 Cr. EPS ₹ 0.84 Promoter holding 0.00 % Intrinsic Value ₹ 45.2 Return over 5years % Debt to equity 0.05 Net profit ₹ 742 Cr. Disclaimer: This analysis is for educational purposes only. Please trade responsibly and consult a financial advisor before making any decisions. If you found this analysis helpful, don’t forget to like, follow, and share your thoughts in the comments below! Your support keeps me motivated to share more insights. Let’s grow and learn together—happy trading!
NSE:ZOMATOLong
by TraderRahulPal
4
CreditAcess Grameen Standing near a crucial trendline support!Chart of Creditaccess is quite interesting. Stock has a trendline support from which it has bounced multiple times in past. Recently, stock has tried to bounce with very very very heavy volumes indicating big money getting exchange. Given the history of the stock, we should at least expect 100% upside from this level. But it ccan also be a trap and stock can breakdown from here. A safer level to watch is would be a weekly closing above 1110. Support is 800 WCB for stock. On upside, stock can go to 1480, 1710, 2000++ Very very risky. It can be a bottom fishing or a trap. Idea shared for educational purposes only. We all should just watch what will happen from here and learn from it.
NSE:CREDITACC
by chartistamey
Zomato Bouncing from Support. Low Risk SetUp After hitting all our targets in the previous trade the stock pulled back deeply with the market correction. Now it is setting up again after a pullback. This is a risky proposition but the risk is below 8% and offers good Risk to Reward. Zomato Ltd - Technical Setup Analysis 📊 Entry Level: ₹244.45 Stop Loss (SL): ₹225.77 (-7.63% from entry 🚨) Target 1 (T1): ₹285.70 Target 2 (T2): ₹305.40 Risk-to-Reward Ratio (R:R) T1: 1:2 T2: 1:3 🔘Setup Overview The stock initially broke down below key levels but has now bounced back strongly from the 200-day moving average (DMA), closing above it with confidence. 📈 This suggests renewed buying momentum and potential for further upside. 🔘Support Zone: The bounce occurred at a strong support zone, aligning with the 200 DMA. ⚠️Market Risk: The broader market trend remains uncertain—this could either be the start of a bear market 🐻 or simply a bull market correction 🐂. 🔘Why This Trade is Low-Risk? The stop-loss is shallow and limits potential losses. If this is a bull market correction, the risk-to-reward ratio is highly favorable, making it a solid opportunity for swing traders. 🔘Key Considerations Monitor market trends closely for confirmation of the broader direction. Keep position sizing moderate due to overall market uncertainty. ❗️Disclaimer: This analysis is for informational and educational purposes only and should not be considered financial advice. Trading in the stock market involves risks, and past performance is not indicative of future results. Always conduct your own research or consult a qualified financial advisor before making any trading or investment decisions. The analysis reflects personal views and is subject to change based on market conditions. Neither the author nor any associated entities are responsible for any losses incurred from decisions made based on this analysis.
NSE:ZOMATOLong
by sagartharayil
BSE Bouncing from a support Zone...Stock: BSE Ltd. Chart Pattern: Potential breakout with retest near support. Key Levels:Entry: ₹5,553.30 Target (T1): ₹5,848.10 Stop Loss (SL): ₹4,985.95 Observations: ✅Retesting a key zone and taking support at 50 DMA and bouncing. ✅Cup and handle formation played out earlier, now forming higher lows. ✅Volume remains supportive for upward momentum. ✅Resalient to market fall ✅Trading above Key DMAs ✅Strong RSI Risk-Reward: Moderate-to-high, ideal for positional traders. Can consider fresh entry further addition if it gives a clean breakout from 5849 levels. ⚠️Remember, we are trading against the trend. If Overall Markets were to fall further then this would also fall. Disclaimer: This post is for educational purposes, not financial advice.
NSE:BSELong
by sagartharayil
Profitable Trading The defining feature of day trading is that traders do not hold positions overnight; instead, they seek to profit from short-term price movements occurring during the trading session.It can be considered one of the most profitable trading methods available to investors. The Rule of 90 is a grim statistic that serves as a sobering reminder of the difficulty of trading. According to this rule, 90% of novice traders will experience significant losses within their first 90 days of trading, ultimately wiping out 90% of their initial capital.
NSE:KOTAKBANKEducation
by SkyTradingZone
3
Advance divergence Strong divergence is the most reliable type of divergence, often signaling a significant reversal. It occurs when the price makes a new high or low, but the indicator fails to do so, indicating weakening momentum. Traders use divergence to assess the underlying momentum in the price of an asset, and for assessing the likelihood of a price reversal. For example, investors can plot oscillators, like the Relative Strength Index (RSI), on a price chart.
NSE:KOTAKBANKEducation
by SkyTradingZone
Technical Analysis of Chola Finance (CHOLAFIN) - Daily Chart: Technical Analysis of Chola Finance (CHOLAFIN) - Daily Chart: Chola Finance on the Move! Are You Watching? After a steep correction from ₹1700, CHOLAFIN is now bouncing back from its strong support at 1150! The bulls are showing signs of life, and the volume suggests something BIG might be brewing! Key Levels to Watch: ▲ Resistance: 1320 ▾ Support: 1150 What's Next?: Breakout or Breakdown? Keep an eye on 1320 for a bullish confirmation or 1250 for any weakness!#CHOLAFIN
NSE:CHOLAFINLong
by EmpireCrown
NIFTY50 Pre-Market Analysis for 16 Jan Nifty #NIFTY50 Pre-Market Analysis for 16 Jan Nifty Key Insights: 1. Huge Gap-Up Opening: GiftNifty indicates a significant gap-up opening. 2. Sideways Movement: The chart shows sideways movement, indicating both buyers and sellers are present. 3. _Market Respecting Support: Market is taking our personally drawn support, which can lead to a continuation of the upside rally. Market Scenario: 1. Stay on Buying Side: Try to stay on the buying side, but with caution. 2. Be Aware of Changing Market Conditions: Remember that market situations can change rapidly, so trade accordingly. Trading Strategy: 1. Trade with Proper Confirmation: Avoid trading based on Fear of Missing Out (FOMO). 2. Monitor Market Movement: Keep a close eye on market movement to adjust your strategy. 3. Stay Disciplined_: Stay disciplined and patient, even in volatile market conditions. Important Reminders: 1. _One Trade Per Day: Focus on making one well-planned trade per day. 2. Stay Focused_: Stay focused and avoid impulsive decisions. Chart Highlights: Review the marked points on the chart to better understand the market scenario. Stay cautious, stay disciplined, and trade wisely!
NSE:NIFTYLong
by EmpireCrown
Lecture for option trader Hammer & Hanging Man Patterns + Examples. 5min video. Put Options: Buying vs. Selling. 3min video. "Bread & Butter" Iron Condor Rules, POPs and Visuals. 4min video. Instruments to trade Volatility. 10min video. Strike Price - ITM ATM OTM. 7min video. You can get started trading options by opening an account, choosing to buy or sell puts or calls, and choosing an appropriate strike price and timeframe. Generally speaking, call buyers and put sellers profit when the underlying stock rises in value. Put buyers and call sellers profit when it falls.
NSE:NIFTYEducation
by SkyTradingZone
Database tradingThere are four types of trading: day trading, position trading, swing trading, and scalping. Traders should pick one that suits them and figure out the risks and costs to trade safely. What is stock market trading? Deutsche Bank in association with Sharekhan Ltd brings to you db TradePro, a unique platform for trading in shares online. A superior trading platform and multi-channel access are just two of the many benefits that Deutsche Bank customers enjoy by trading through db TradePro*.
NSE:NIFTYEducation
by SkyTradingZone