Zomato Breakout expectedOn 1D time frame, zamato is moving in descending channel pattern....breakout is expected and buying opportunity is above 66.
Zomato
Zomato Ltd (ZOMT) break out Zomato Ltd (ZOMT) break out level 1Hr daily chart pattern
BUY above 62.50
Volume break out with storng volume and momentum.
Time to go long in Zomato
Thank you.
Zomato Likely BreakoutI see a good breakout for Zomato I would enter above todays High.
All parameters are favourable - Stochastic , Volume, Chart Pattern
Zomato breakout ...Zomato trend line has break ...buy at current price stoploss below 54 and target is 88
ZomatoStrong Buy signal for LONG TERM because it has given a breakout with great Volume. Also Zomato has reduction in their loses.
It's my opinion on Zomato so please check on your side also. For more accuracy check fundamentals.
buy at 31 levels.It is a good stock to invest in and Jefferies has given a target of Rs 100. But Fibonacci levels show that the stock may fall to Rs 31.
zomatozomato need some pullback ,maybe it take trendline support and abcd harmonic pattern also complete ,
ZOMATO -- INTRADAY SETUP -- 18/07/2022ZOMATO -- HOURLY CHART -- INTRADAY SETUP -- 18/07/2022
1, Zomato seen pullback from 54 sub level to 61 level, now stock seen sharp correction from this level stock trading at same pullback level retest
2. HOURLY chart seen oversold level, RSI moving up now showing upward direction sign of trend reversal after correction
3. after heikin ashi consecutive red bearish candle trend reversal doji form at last hourly closing candle which is sign of trend reversal
4. Trend reversal confirm after next candle close above body of doji candle so BUY initiated above doji candle on intraday
5. BUY intraday above 54.25 ( 15 min / 1 hour candle should close above 54.25 ) For target 55-56-57 Stop loss bellow last hammer candle
6. for trade advise to use hekin ashi candle for following same chart pattern and trade setup
7. stock seen bullish above 54.25 and bearish formation candle close bellow 52.75
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk !!
HAPPY TRADING .11
ZOMATO --INTRADAY SETUP - 09/06/2022ZOMATO --INTRADAY --SETUP AT HOURLY CHART
1. Trendline breakout seen at hourly chart last hourly candle with volume
2. At 50% Fibonacci retrenchment breakout done from low recent 50 and recent high 80 , 50% Fibonacci level comes at 65 level breakout seen from same level
3. selling volume decrease as histogram seen last hourly candle
4. trend reversal is possible from this level again for intraday target 68-70 positional target 75-80
5. RSI at 47 mid range level daily chart, MACD above center and signal line
BUY ZOMATO @ 67.15
TARGET 68-70-72
stop loss 65
** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. trade at own risk
HAPPY TRADING .!
ZOMATO here is my daily, weekly, and monthly trade analysis for zomato stock. the fundamentals are as well supporting.
ZOMATO LevelsNSE:ZOMATO
#ZOMATO given to our friends @ 58 Entry, and it reached 72.1 with is exactly 25% in just 5 days.
Perfect shot or #Snipershot entry, post crossing this level script never lookback.
Further levels updated for practice,
Happy LEarning !!
Zomato, end not in sightGiven that the current progression looks to be either an Impulse to the downside as Wave C or a corrective continuation, expect Zomato to see more fall in the short term.
Also any upmove for now be a pullback, hence allowing us to plan shorts from a swing perspective.
zomato down trend IF SOMEONE IS HOLDING ZOMATO SELL AT MARKET ORDER
WE CAN SEE IT AT 10-20
- AFTER RBI's unexpected hike in repo rate by 40 bps up to 4.
.40% from 4% earlier.
banks started interest rate hike
ZOMATO Analysis - Pure price Action - Intraday Trade 25-04-2022.A multiframe analysis of ZOMATO. Gives a long Entry signal if it give a good retesting.
Please wait for Retesting.
Please Share your thoughts.
Thank YOU
ZOMATO - TREND REVERSAL ZOMATO DAILY CHART - TREND REVERSAL SIGN
1. zomato has seen trend reversal last 2 trading session after sharp fall from 160 sub level to 75 level last 1-2 month stock consolidate at 75 - 90 level , 75 find as support and 90 as major resistance for this consolidation .
2. 1st trend reversal sign is MA , EMA Crossover around 78-80 level ,
3, 2nd trend reversal sign is price oscillator above 0 line
4. 3rd trend reversal sign is RSI move above 40 level
5. ONCE 90 level broken out stock into bullish zone for target 125-130 and trend continue then 140-150 level .
BUY ZOMATO @ 84
TARGET 90- 100- 125-130
STOP LOSS 70
** THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk .!
HAPPY TRADING !
Zomato, +ve RSI divergence forming on daily chartsZomato, +ve RSI divergence forming on daily charts with falling price, lets see if it can break above the RESISTANCE of ₹84 to rise higher
ZOMATO IS REALLY VERY BEARISH ON CHARTS1 triangle pattern
2 trend is very strong bearish
3 not participating in overall bullish market
Zomato - Break from Triangle - 60 possible.
1. Zomato in Down trend
2. Three buying attempts from 75-78 zone each time making lower high - means buyers are getting weaker.
3. Triangle formation.
4. Intraday - Short if sustains below 78.
Stop - 80.
Target - 73, 70.
5. Down move is expected till 60.
Zomato Buying opportunityZomato is Showing strong Bullish diergence and is trading at buying level. Long term investors can start accumulating by buying on dips and Swing traders can Buy above 100 for a target of 128
