Zomato 1D Chart Forming Falling Wedge Pattern . buying zone -> 42-45 selling target -> 65-67 Tenure --> 2-2.5 months NSE:ZOMATO
Buy Zomato @ 47. Target - 50/53.5/60 (Short Term View-1-2 Weeks). These comments are only for educational purpose....please consult a Financial Advisor before Investing.
As seen on NSE:ZOMATO Weekly chart, Zomato can be expected to fall further and find new all time lows.
According to the Chart pattern it seems to breakout from the channel and therefore it can possible goes down to either Rs 61.5, within 1 week or soo on and if goes down than the nearest downfall seems to be 51.55 to 52, currently today it trading between Rs 63.30-63.5pa current day high Rs 64. invest or Trade by your own research or analyze I am just educating the...
For short term, it can be good buy for a target of 66. With a suitable SL *Trade at your own risk. Not a advise, just a guess. Consult with your financial adviser
Zomato falling in triangle After long fall Just wait and watch for triangle breakout. It's an analysis, not a trading advice, trade with your due diligence.
Will this be the final low for zomato after which it goes to complete the triangle formation? The breakout may happen between 24 Jan 23 -23 Feb 23 ... In previous 2 occassions, when the price closed below the bollinger band it went upwards to touch the resistance level of upper band... (this pattern can become an INHS or a VCP, all subject to...
Not an idea, just a wish ... maybe it forms a triangle and breaks out eventually...the last quarter being the festive quarter may just turn the tables for this cash guzzling entity.. It can very well go to do a double bottom as well...was seeing this chart and visualizing the future of this chart (target of 113 to be achieved by end of April 2023.... nothing has...
ZOMATO 9% UP MOVE up move will continue till the channel top if rally continues
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 -- 1 HOUR CHART --SETUP -- INTRADAY --23/11/2022 1. ZOMATO 1 hour chart seen stock close at near trendline suppprot level. 2. stock above 55 hma as seen hull suit indicator when 15 min candle close above 64 level , BUY can initiate on intraday above 64 for target 65-66 stop loss 62.50 3. IF trendline support breaks bellow 62.75 , 15 min candle close...
ZOMATO | Looks bottom is made ? ->Loss minimized drastically ->Looks like the company is turning positive in EPS (QOQ) Trying a bottom fishing for a very small money (Investment perspective)
Zomato - Shows a clear Ascending Triangle pattern breakout and retest With a good volume it's in the key level for a long setup. It can be bought at the current level. Take the trade as per your risk appetite. I'm a stock market learner so take and plan your trade as per your analysis also please comment below with your opinion/analysis if any.
Wave count as promised Almost all the information needed is available on the daily chart; Learn , Understand and then indulge; Be humble to accept mistakes if things go against your observation, Trust your self and give your understanding time to develop into fruitful results. Zomato is present in more than 20 countries; FIIs have increased their holding in a...
Will be adding E count soon Not a Trade Call, Investment intention for wealth creation. Do feel free to add comments (all accepted with humbleness.) Is this turning around. Post listing Quarterly results seems to suggest so; I think its the Volume which is a clear give away, since July end. 395 million Definitely todays cool 180 million. (Is this Pump and...
ZOMATO --DAILY CHART SETUP- CONSOLIDATION BERAKOUT 1. ZOMATO seen trade at lower channel previously, bottom formation seen around 40 odd level . 2. Lower channel breakout seen above 60 level and stock consolidate 60 to 70 level, in last few weeks . 3. triangle pattern breakout as well as consolidation breakout seen last trading session with huge volume above...
🔴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...
When price consolidate in a tight range and break the upper boundary then high probability price continue the trend and breakout candle low act as a Stop Loss .