**Trade Idea:** If the price manages to breach the levels of 95.5 and 96, the next target is likely to be at 100 Rs. This could potentially be achieved within a span of 5-6 days. Following this achievement, the 100 Rs. mark might act as a psychological resistance point. However, there's a possibility of the price briefly touching around 104 Rs. in approximately 1...
Stock Name - Zomato Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 106 #This is not Buy and Sell recommendation to any one. This is for education purpose...
IT is retesting its 50 EMA area wil it sustain is the question Majority of counters like TECHM, PERSISTENT, HCLTECH, NAUKRI etc witnessed a downmove in the week gine by with result on the way, woul be fun to watch what IT has in store
This level of 91.85 has supported a size multiple time. Incase the stock crosses it downside it may act a strong resistence.
Stock on month frame is in uptrend strongly defended its base area its a breakout candidate after consolidation stop loss to reward is healthy
Accumulation around 80 to 96 Levels can a good for long term Wait for it to retest the desired levels and stand up from there
Time Frame - Weekly *Study* - -- A rectangular Pattern Breakout with high volume -- Reversal pattern -- Good Volume -- Fundamentally little weak stock Target and Stop loss mentioned in Image Similar Study link below of Anupam Rasayan-- This Chart is only for educational purpose. Do your own study before entering into the trade.
Stock Name - Zomato Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 85 #This is not Buy and Sell recommendation to any one. This is for education purpose and...
1. Reversal pattern breakout 2. 14 months consolidation before breakout 3. 1: 7+ RR Trade set up
zomato released a breakout.Looking for price to reach 100 and more upside, as we did broke the weekly resistance zone.
Can look at Zomato if it closes above 57 with a strong price action for a short/medium term perspective. Good support zone at around level of 50. However, need to be cautious below this price. Can see upward price gains to 65-70 if it gathers momentum. Further action basis price action. Strong resistance between 75 - 88. Note: Personal analysis, not a buy/sell...
Zomato has formed a Triangle pattern on 1D timeframe. Volumes are also rising. Enter after bullish confirmation.
#ZOMATO... ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTS
BUY - ZOMATO CMP - Rs. 56 Target - 1: Rs. 74 Target - 2: Rs. 92 . . Technicals - Ascending Triangle BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
Hi I am late to read this chart, it is evident that Zomato has broken the falling trend few days back, retested the same and now looking to reach ~60 or so. I have just purchased this on the current market Price. Will probably look closely if this is a fakeout. Also, the fib range from Jan 2023 are also giving an indication that the stock is not going below...
ZOMATO -- DAILY CHART --Near lower channel breakout . 1. ZOMATO seen near lower channel breakout at last daily closing candle . 2. After correction from 72-75 level stock fall towards 44 level and pullback seen from this level . 3. Last closing candle is heikin ashi DOJI CANDLE . near channel breakout level . 4. ENTRY above doji candle for confirmation 15 min...
As seen on NSE:ZOMATO Weekly chart, Zomato can be expected to fall further and find new all time lows.
According to the Chart pattern it seems to breakout from the channel and therefore it can possible goes down to either Rs 61.5, within 1 week or soo on and if goes down than the nearest downfall seems to be 51.55 to 52, currently today it trading between Rs 63.30-63.5pa current day high Rs 64. invest or Trade by your own research or analyze I am just educating the...