zomatoAfter a beautify earnings show, looks like this is getting to ready to pop. 140 should be easy, should be able to break the 120-121ish resistance.Longby dalalstreetguy8
Zomato looking StrongNSE:ZOMATO continues to look strong and one can keep a stop loss at 114 and go long in this counter. The stock is in a good up-move. Zomato as a business is a duopoly and is now profitable as well. Looks good.Longby jatin_agarwal1
Zomato Cmp 116.50 Rounding PatternZomato Cmp 116.50 dated 3-11-2023 Weekly Chart (Investment Idea) 1. Rounding Pattern BO @ 115 2. Price Rising with steady Volumes Buy @cmp target 130-150-160-170-185 SL 100 It is just a view, please trade at your own risk. Longby SHEETAL_UDESHIUpdated 8856
Zomato's Growth Odyssey: Breaking Boundaries from 115 to 135 RsTrade Idea: With the current price at 116.50 Rs, if the Zomato stock manages to breach the immediate resistance levels(115 Rs), the next target is set at 125 Rs. This milestone could potentially be achieved within a span of 8-10 days. Following this accomplishment, the price might briefly touch around 135 Rs in approximately 2-3 week. Note: Implement a well-defined stop-loss strategy to manage risk effectively. 1st Target --> 125 Rs 2nd Target --> 135 Rs 3rd Target --> in next post Thanks, KambiLongby kambi123Updated 1114
Zomato Looks good this week starting 20th Feb 2023Zomato Technical Analysis for this week moving averages indicating: strong buy technical indicators indicating : strong buy Technical Indicators stoch(9,6) 65.133 buy macd(12,26) 0.710 buy adx(14) 41.266 buy cci(14) 167.5617 buy atr(14) 0.5750 high volatility highs/lows(14) 1.6857 buy ultimate oscillator 60.203 buy roc 5.202 buy bull/bear power(13) 3.1560 buy Moving Averages (ma) ma5, ma10, ma20, ma50, ma100, ma 200 Note: the analysis is purely for educational purpose and not for the trade on this script.by hardeepssethiUpdated 7
Zomato long term positional callZomato good position for upside seen possible sustain above 100 target 111-125-143 invalide 78Longby lashkarikartikUpdated 6
ZOMATO FORMING ROUNDING BOTTOM The stock has been in consolidation phase for a long time and can yield good retuns in short period of time first target is for rs 166 and for long term target can be 280 Longby keshavmaharaj9581
#ZOMATO LONG TRADE IDEA SETUPGreetings Folks, today i have prepared a setup of ZOMATO on NSE the analysis is as follows- - The price tried to break past the previous lower high which is considered a good sign for reversal - the price might again try to break the high after a minor retracement which should be almost done at this point - still i am rooting for a more safer entry by the zone i have marked in the chart don't play with fire, always use a predefined stoplossLongby profitpujari3
BUY ! ZOMATO Double bottom ConfirmationA "W" Pattern confirmed on Monthly Chart ! buy at CMP, target and Sl is mentioned HAPPY TRADING(:Longby PIE25Updated 119
Zomato's Potential Trajectory: From 96 Breakout to 115+ Target**Trade Idea:** If the price manages to breach the levels of 95.5 and 96, the next target is likely to be at 100 Rs. This could potentially be achieved within a span of 5-6 days. Following this achievement, the 100 Rs. mark might act as a psychological resistance point. However, there's a possibility of the price briefly touching around 104 Rs. in approximately 1 week, before retracing to around 99 Rs. Beyond this phase, the target could potentially surge to 115 Rs. or more, over an estimated timeframe of 3 weeks. Note: Implement a well-defined stop-loss strategy to manage risk effectively. 1st Target--> 100 2nd Target -->104/105 3rd Target --> 115 Thanks KambiLongby kambi123Updated 3329
ZOMATO SHOWING STRENGHTZomato is poised to complete its rounding bottom pattern around the 125-130 level. If it crosses the 130 level, the next major hurdle will be between 150 and 160, where it may face some resistance. After that, the sky could be the limit. This quarter's results will reflect the impact of Blinkit, so I expect to see significant upside movement in the stockLongby vipinguptaca1113
ZOMATO - Ichimoku BreakoutStock Name - Zomato Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 106 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. #CloudTrading #IchimokuCloud #IchimokuFollowers #Ichimokuexpert I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis. Longby nikunjbhadja8811
Cup & Handle pattern 📌Cup & Handle pattern ✅Keep in your watchlist ZOMATO + Continuation pattern + Volume dry up + Above Key EMAs by ChartShala7714
Resistance Levels in $NSE:ZOMATODear Followers, I hope this message finds you well. I wanted to provide you with an update on the stock ZOMATO and discuss the current resistance levels that we've been monitoring. After a thorough analysis of the stock's performance and market trends, I wanted to highlight the following key points: Stock Performance: The stock has exhibited consistent growth over the past 1 Year, with a 71% increase in its value. This is a positive sign that indicates strong investor confidence and potential for further gains. Resistance Levels: My technical analysis reveals that the stock is currently approaching a key resistance level at 102-105. This level has historically acted as a barrier to upward movement, as investors have shown a tendency to take profits or hesitate to buy at this point. Market Sentiment: It's important to consider the current market sentiment. Despite the stock's strong performance, there might be some caution among investors due to Profit Booking of Big Players Short-Term Outlook: While the stock has the potential to breach the resistance level and continue its upward trajectory, if its Break resistance of 102-105 then Probably we can 120-130 Level. it's also prudent to be prepared for potential short-term fluctuations as the market digests recent gains. Based on this analysis, I recommend that we closely monitor the stock's movement around the resistance level. Should the stock successfully break through this level and sustain its upward momentum, it could signal a strong buying opportunity. On the other hand, if we observe a significant pullback or consolidation around the resistance and it will try to test Downside of 85-80 Level, it might be a chance to reassess our strategy. As always, I am here to provide you with any additional insights or answer any questions you may have. Your financial goals and risk tolerance are of utmost importance, and I am dedicated to helping you make informed investment decisions. Please feel free to reach out at your convenience, and we can discuss how to proceed based on the stock's evolving performance. Best regards, Ajay Metha by PrachiMethaUpdated 9
#ZOMATOThis level of 91.85 has supported a size multiple time. Incase the stock crosses it downside it may act a strong resistence. by krishnakhanna5
ZOMATO --Intraday setup --28/08/2023ZOMATO --1 hour chart --intraday setup--28/08/2023 1. Zomato seen trendline breakout at last hourly candle on hourly chart last closing session 2. 90-92 seen as good support level at recent correction and 94-95 as hourly resistance level . 3. Daily/ hourly chart form higher high and higher low patter indicate bullish trend continue 4. Stock trading Above 50, 200 HMA on daily chart . 5. One can initiate Buy Current level 92 target 93-95 on intraday stop loss bellow support line at 89.50 ** THIS IDEA IS FOR EDUCATIONAL PURPOSE .. Trade at own Risk HAPPY TRADING .!! Longby champtrade111Updated 11
#ZOMATOAccumulation around 80 to 96 Levels can a good for long term Wait for it to retest the desired levels and stand up from thereby krishnakhanna8
Buy Zomato Ltd 20 Day MA support BUY : ZOMATO LTD UPTREND & 20 DAY MA SUPPORT PAR HEMAR CANDEL FORMATION BUY PRICE : 88 - 89 STOP LOSS : 86 TARGATE : 105,110,120 20 day MA SUPPORT in every time uptrend Trendline support Technical Analysis Fundamental Analysis Disclaimer:- I Am not a sebi registered Analyst. This channel is for only educational purpose. Any profit/loss, iam not responsible. Before taking any trade on our call. Longby tradingwithdp9
ZOMATO --WEEKLY BREAKOUT ZOMATO --WEEKLY CHART 1. Weekly Trendline Breakout 2.lower channel breakout 3. Resistance Breakout 4. Entry @ 82.65 target 1- 90.92 target 2- 100-120 stop loss 59 5. Positive crossover of hma 14, 24,55 ** idea is for educational purpose ..trade at own risk !! HAPPY TRADING .!!Longby champtrade111Updated 3328
Zomato - Rounding Bottom BreakoutZomato has given a rounding bottom pattern breakout from 94.30-94.50 levels. Can look for buying opportunities for 120 price targets with a stoploss of 85 on closing basis. PS - THIS IS ONLY FOR EDUCATIONAL PURPOSE AND TRADE ON YOUR OWN RISK WITH CONSULTATION OF YOUR FINANCIAL ADVISOR.Longby arshdeeps9172
Zomato: making higher highsOn weekly chart Zomato is making higher highs. It seems a good buying opportunity trailing SL of MA9.Longby Trader_Scorpio2
Zomato Looking Bullish Towards 140 Zomato Weekly Chart is Looking Very Bullish . Created Double Bottom In weekly Chart & Neckline Breakout is Also Completed Expecting Good Momentum in Coming Days. Longby ProTradersInstitute41