Zomato
#ZOMATOThis level of 91.85 has supported a size multiple time.
Incase the stock crosses it downside it may act a strong resistence.
Zomato Breakout expectedOn 1D time frame, zamato is moving in descending channel pattern....breakout is expected and buying opportunity is above 66.
#ZOMATOAccumulation around 80 to 96 Levels can a good for long term
Wait for it to retest the desired levels and stand up from there
ZomatoTime 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.
ZOMATO - Ichimoku Breakout 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 a helping hand to learn trading in Market.
# Cloud Trading
# Ichimoku Cloud
# Ichimoku Followers
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ZOMATO BREAKOUTzomato released a breakout.Looking for price to reach 100 and more upside, as we did broke the weekly resistance zone.
Zomato Ltd. - Will it deliver...?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 recommendation. Do consult your advisor
ZOMATO Triangle PatternZomato has formed a Triangle pattern on 1D timeframe. Volumes are also rising. Enter after bullish confirmation.
#ZOMATO... looking good above level#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
ZOMATO - 65% RETURNS!!!BUY - ZOMATO
CMP - Rs. 56
Target - 1: Rs. 74
Target - 2: Rs. 92
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Technicals -
Ascending Triangle BO
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This is just a view by an expert analyst, please invest at your own risk.
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Zomato - Broken the falling trend & in between the rangeHi
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 the Jan mid range, so this can also be a base test.
ZOMATO --at Lower Channel Breakout 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 Closing candle above 54 , positional target 58-62-66 ( 1-2 month)
Stop Loss bellow support at 45
5. Posotive crossover seen RSI , ema at pullback level. and moving upword direction.
6. Stock currently trading above 21, 44 HMA.
THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk.!!
HAPPY TRADING, !!
Zomato Possible Downtrend Continuation To All Time LowAs seen on NSE:ZOMATO Weekly chart, Zomato can be expected to fall further and find new all time lows.
Short Zomato to get short term Target of 61.45, 2nd T - 51.55According 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 chart pattern that I observed.
Good buy for short termFor short term, it can be good buy for a target of 66. With a suitable SL
*Trade at your own risk. Not a advise, just a guess. Consult with your financial adviser
Zomato falling in triangle Zomato falling in triangle
After long fall
Just wait and watch for triangle breakout.
It's an analysis, not a trading advice, trade with your due diligence.
Zomato a long call (Heading towards 75)Zomato has given a Breakout after an acclamation phase (Heading towards 75) and can turn out to good swing trade.
SL will be 63 rupee
ZOMATO --INTRADAY SETUP - 23/11/2022ZOMATO -- 1 HOUR CHART --SETUP -- INTRADAY --23/11/2022
1. ZOMATO 1 hour chart seen stock close at near trendline suppprot level.
2. stock above 55 hma as seen hull suit indicator when 15 min candle close above 64 level , BUY can initiate on intraday above 64 for target 65-66 stop loss 62.50
3. IF trendline support breaks bellow 62.75 , 15 min candle close bellow 62.75 for confirmation short position can initiate for target 62-61
4. wma RSI line near oversold level at hourly chart so short position should take after 15 min candle confirmation only bellow 62.75
5. pullback is expected at oversold level so Buy IS favorable the short position at better risk to reward ratio.
** THIS IDEA IS FOR EDUCATIONAL PORPOSE .. trade at own risk !!
HAPPY TRADING !!
ZOMATO --CONSOLIDATION BREAKOUTZOMATO --DAILY CHART SETUP- CONSOLIDATION BERAKOUT
1. ZOMATO seen trade at lower channel previously, bottom formation seen around 40 odd level .
2. Lower channel breakout seen above 60 level and stock consolidate 60 to 70 level, in last few weeks .
3. triangle pattern breakout as well as consolidation breakout seen last trading session with huge volume above 65-72 level . and stock close above 72 level last trading session, indicate stock ready to move upword from consolidation phase .
4. trix crossover seen from center line ( 0 line ) is also strong bullish indicator.
5. one can initiate BUY above 70 level for target 75-80-85-90 short to mid term, stop loss can place bellow consolidation support at 59
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..! TRADE AT OWN RISK .
HAPPY TRADING ,!!
Zomato - Gave a breakout🔴DISCLAIMER
***** It's just for an educational purpose, So you must also follow your own technical analysis before taking up the trades ******
Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout)
Ideal Target and Stop Loss should be minimum 1:2 RRR (Risk reward ratio)
After reaching our targets, Book 50% Profits and trail your stop loss to get maximum profits from rest of the 50% in your trade.
Zomato Ltd-Falling Trendline Breakout....Zomato Ltd-Falling Trendline Breakout Daily Time Frame. Expect a Target-79/100-Stop Loss-56 Closing Basis. Only Education Purpose.
07/10/2022 Research Report For ZomatoDisclaimer:
I am not SEBI registered person and this is not an investment advice and also please note this is only for education purpose. Also note we can use this research in my own portfolios. So don't influence yourself by this research. Please note before investing according to this educational research, please do own research and also do take advice from your financial adviser. Your any profits and loss are totally your liability. No one is liable for that. Also, please note we will not never compensate your any loss. So before investing any single rupee, please do your own research according to your risk taking capacity and after that do invest and book profits on right time.
Buy @ C.M.P (Current Market Price)
Target 1:- 80
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