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
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
#banknifty #intraday #target hitBanknifty 37370 to 37700 book profit and wait for other opportunity keep follow for intraday ttrade in nifty and banknifty thank you
ZOMATO LONG DOGIII !!!#THURSDAY>
<#SHORT-TERM>
{
if it breaks 86
{Buy: ZOMATO;
it's @ its very good support
TARGET:-90
SL:-83
}
} HAPPY TRADING;
ZomatoWe can consider Zomato for swing with more than 15% ROI and also good for long term accumulation.I'm very bullish on their business and yes for long term you all know how it's going to be,lets accumulate.As i always say whatever we do manage your risk reward and money management though.
zomato a word of cautionas we can see it has completed a perfect harmonic ab=cd pattern with precise harmonic values and for further long candle must close above upper trendline
paytm lower low formation1. paytm lower low formation
2. started to make it W
3. FRESH BUY INTI @ 1000 * 100 QTY
4. 21 jan 22 13:15 target 1113
5. nifty target dec 2022 @ 20,000.05
sell call on zomatosell zomato share for
1st target of 115rs and
2nd target of 100rs
stop loss 136rs
current price 133rs
ZOMATO Breakdown - 5 Months Trendline BreakZOMATO has break the 5 month long trendline in downside . I've did this analysis on last trading session and today forgot to take short entry but it has break the trendline wth very good volume and today down almost 6%. this trendline can now work as resistance.
