Dear All, As Zomato was listed on Friday and we have only 1 Day chart on this. Here I have discussed a simple trick to trade Zomato for coming days.
Disclaimer :
Trading is never ever recommended as it is injurious to mankind. This is purely my study based on technical charts and for educational purpose only. Please do your analysis before taking any trades...
If Zomato's business grows, there's a chance they will require motorcycles. Hero and Bajaj are two leading two-wheeler makers. They also have stakes in EV companies. Another level of looking at it is to look at battery stocks which might also be an interesting proposition. What do you feel?