ZOMATO BREAKOUTzomato released a breakout.Looking for price to reach 100 and more upside, as we did broke the weekly resistance zone.
Zomatolong
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 - 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.
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
This Pevious Research Report Will Also Be Real:-
Zomato Ltd (ZOMT) break out Zomato Ltd (ZOMT) break out level 1Hr daily chart pattern
BUY above 62.50
Volume break out with storng volume and momentum.
Time to go long in Zomato
Thank you.
ZomatoStrong Buy signal for LONG TERM because it has given a breakout with great Volume. Also Zomato has reduction in their loses.
It's my opinion on Zomato so please check on your side also. For more accuracy check fundamentals.
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 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 - Might 🚀🚀🚀Zomato touched the strong demand zone that broke structure from downtrend to uptrend. Price reacted strong when the zone was touched and the volume was huge.
Mostly if NIFTY is positive on Monday, Zomato could change its trend and continue to rally.
Zomato for Target upto "190"Hi Traders / Investors ,
This is a Swing / Positional Trade.
I can see a bullish momentum in Zomato for following reasons :-
1) Resistance Level from ( 4 months ) got broke now acting as a Support.
2) Breakout with large bullish candle with increased Volumes.
3) As per Fibonacci , it is taking Support at 0.382 level which is good support with healthy retracement.
4) As per RSI indicator, it is above 60 level which is considered bullish.
Giving a Risk to Reward of 1:5 , with staggering returns upto 26% ,
Entry - 153 -154 level
Stoploss - 145 level
Target - 194 level
This is just an analysis so don't take any decisions solely based on this.
Please give thumbs up if liked this analysis, as it requires deep research.
Positional Trade | ZOMATONSE: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 levels.
Zomato - Zooms "Triangle Breakout" 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.
Zomato Ltd.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 Unstoppable, as we know Zomato Advertising its product in Youtube or tv and due to this Zomato looks Stronger and really Zomato Captured Indian Market In buying Food Products, in Future this company make Good Profits. If you're thinking for buying Zomato then Must Buy and you can hold it for future may be it will double or 3X your portfolio in next few months, but i recommend to buy and sell, Buy and Sell Continuously you'll make good profits in it.
ZOMATO 1hr _ LongIt already formed a pattern for Long entry.
In any case if it breaks the bottom blue line and support line then go for short till the Major support line
Zomato: BUY, HOLD OR SELL?As the chart clearly showing the triangle pattern, so one can decide on the basis of breakout or breakdown of the pattern.
Zomato Ascending Triangle patternThis is just for education purposes. Do your self-analysis enter the NSE:ZOMATO stock at the right price for good returns.
"Zomato up 85% after listing UBS, JM Financial start coverage with a buy rating. Brokerages have set a target of Rs 165-170 for Zomato shares, a 17-20% gain in the next year from the July 29 close of Rs 141"
The source is Jefferies for the above-mentioned message
ZOMATO : Go Breakout or Breakdown? ZOMATO : No data on Zomato as just listed.
Bust formed good pattern in 5 min chart.