Hello there! what an upward trend it is to see. Resistance at 147 levels, Support at 135 levels. But! Is it overpriced for the kind of industry it is in? well, a company that has burnt nearly $2 Billion to get to a stage where it is today, and still is in requirement of cash to survive/grow in the future, May be, Yes! I agree market's optimistic about the...
Breakout to be bought near bullish point.... Trading levels marked not sustaining at higher levels. happy trading...
Zomato now we can see resistance has become support now. Simple Concept lets see what next direction is going to happen my views: Bullish
Zomato After correction it made breakout at 138 level and made new high , price now Re-test at 138.60 here market Expect upside towards 164 level in a short-term
NSE:ZOMATO On daily Time frame it has made double bottom pattern and yesterday it gave breakout of neck line which is placed near 140 level. Please refer below chart : Daily time frame. Any dip above 140 level will be buying opportunity. Short term target will be 153.50/155 level. SL will be 137. Please refer below chart : Daily time frame, for trade...
As earlier Said Big breakout on the way. just accumulate on every dip and hold patiently as per my view SL not required if you are longterm holders. Tgts For Shortterm 6000 6200 6400++
SWING TRADING This break out trade can take the price even higher, Get perfect entry, either in retracements or if it moves still higher grab the opportunity. Target 1: 165 Target 2: 170,175,180 Note: It would be better if you entered before the moment achieved, Grab the opportunity if you get a retracement or any type of price action.
NSE:ZOMATO is pushing towards new high, the channel is broken and pullback is awaited. Seems bullish from here.
nice confirmations,limited chart tho the chart speaks more than me regards
Range Breakout ;Took Fib 0.5 Support for sometime & Breakout....
look at this amazing pattern comment n like Thanks
ZOMATO SWING LONG TRADE - WEEK - 16 AUG 21 Expect 5-10% move upside in the week WHY Long - 1 hour downtrend trendline breakout and retest - RSI positive nearing 60 - Near resistance breakout - No long bearish candles recently
#Watchlist #ZOMATO (30TF):- CMP 133.40, Trading into (Symmetrical Triangle pattern) and taking support keep Track :) 1) Wait for Breakout/Breakdown :) 2)RSI breakout now its taking support from breakout zone :)
It is a 1hr Time frame chart. Intraday/Swing call to its IPO resistance. An inverted Head and Shoulder pattern seen and the it is time to ride this pattern.
Breakout above Bullish Price... Trading levels marked.. Like.... Share... Follow... Follow related study below.
As i think Zomato Ltd. is New in Market and around Every Investor Added this stock in there Watch List, that's why it's most active by Volume and it's Movement is very fast and Highly Active UP & Down, Yes Zomato is Not very Financially Strong Like "TATA" or "HDFC", and it's Ballance Shit is also not good, may be there is Risk in Long Term, But Currently Zomato is...
ZOMATO 1 hour chart triangle pattern breakout. Plan your risk before taking any trade
Zomato breakout in out side swing Expect upside towards 137 in few days ,