Zomato: Currently at 74.90. But making a pattern double bottom with bottom of 44-46 rs. And resistance of pattern is 74-72rs. The resistance is already broken with a above average volume . Also the resistance has low selling volume but the support( both the bottoms) has extraordinary buying volume so the pattern is being made from very early. Now if it...
AFTER seeing a good bullish break in ZOMATO price gives a good rally now price is correcting second time after giving a good impulsive move, in upcoimg days bullish entry can be seen <3
1. Reversal pattern breakout 2. 14 months consolidation before breakout 3. 1: 7+ RR Trade set up
zomato released a breakout.Looking for price to reach 100 and more upside, as we did broke the weekly resistance zone.
OBV is rising and showing uptrend trend in the price also ADX is DMI + are rising may be a good opportunity for entry
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...
Zomato Ltd. Is it a time for new edge companies? ABOUT Incorporated in 2010, Zomato Limited is one of the leading online Food Service platforms in terms of the value of food sold. Its offerings include food delivery, dining-out services, Loyalty programs, and others. As of December 31, 2020, Zomato has established a strong footprint across 23 countries with...
Zomato has formed a Triangle pattern on 1D timeframe. Volumes are also rising. Enter after bullish confirmation.
NSE:ZOMATO Date : 21/04/2023 Chart Pattern : Descending Triangle Breakout. Time Frame : Daily Chart CMP : 56 Targets : 72 (3 Months) Stop Loss Level : Closing Below 53. Disclaimer. I am not sebi registered analyst. Charts and levels are posted for Educational Purpose only it's not Recommendation. Please Consult your financial advisor before trading or...
#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 range breakout consolidation in a range target 59.50....sl 54.5....range breakout
BUY - ZOMATO CMP - Rs. 56 Target - 1: Rs. 74 Target - 2: Rs. 92 . . Technicals - Ascending Triangle BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!
This 1-hour chart of Zomato shows a symmetrical triangle, which favors the bullish side. In my opinion the price will be constrained in the triangle for some time to come. The better it takes time to complete the triangle, the better will be the breakout. Once it breaks out from this pattern it could go up to 59.35 or 7.11% of up move, but before reaching that...
Hi 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...
- Double bottom after a downtrend - Cup & Handle at 2nd bottom with volatility contraction during handle formation - RSI Divergence Tip : - Wait for a strong BO
A bearish butterfly indicates a rise in Zomato stock price in near term.
ZOMATO on 1Week TF has made a beautiful morning star candlestick pattern, which is known for start of a new Uptrend in any stock. The stock is currently 42.53% away from 52 week high and 217% away from it's All Time High of ₹169 The stock has been saved from ₹45 zone twice and has made double bottom.. Recent Daily Volumes looking convincing as Volume is...
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...