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...
Zomato made range breakout on day chart. its looking good above 86 with sl of 75. Target 100 and 120. good breakout with huge volume
Here you can see in zomato had a very good consolidation and recently made a breakout of the trendline and seems it taking a retest pullback before a good upward move take an swing trade for 3-4Days. 🌟Trade can be taken as per given levels.
Zomato, +ve RSI divergence forming on daily charts with falling price, lets see if it can break above the RESISTANCE of ₹84 to rise higher
Trade on your own analysis. Keep a small stoploss @ 75 for the trade.
Zomato stock price projection Buy when the stock traded near 60 levels, for the target of 100, put stop loss below 55 levels.
1 triangle pattern 2 trend is very strong bearish 3 not participating in overall bullish market
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 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
Looking to hold till 114. Stoploss 86. Breakdown of the range. Oversold the down trend channels.
#THURSDAY> <#SHORT-TERM> { if it breaks 86 {Buy: ZOMATO; it's @ its very good support TARGET:-90 SL:-83 } } HAPPY TRADING;
We 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.
as 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
Selling does not seem to be stopping any soon in this counter. Get out ASAP if invested.
Sell Zomato with target of 100 Breakdown of channel..
In today's trading session, Zomato gives a breakdown of listing day's low. Next level that can be seen in future is around 80 and if Zomato breaks level of 80 then it can shows more fall.
zomata in Strong Bearish trap trading below all time low Strong Weekly closing indicates rally may continue concentrate for short if price sustain below 112
zomato buy call for target of rupees 160++ and stop loss below 120