target 60.55 zomato has moved close to 60 percent zomato short zomato short zomato short zomato short zomato short
Zomat stock form PENNANT formation in 15 min time frame only buy above 62 .
Zomato ..on a downtrend journey ...my personal view don't burn your hands in it
In this chart we clearly see that zomato correction is over. New Trend is begin . in this chart correction is ABC x Abc doube zig zag .
Zomato trend line has break ...buy at current price stoploss below 54 and target is 88
Strong 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.
can be added for swing trade and SL strictly recent low. it can give 6-7percent return in 1-2days. Lets see
THERE IS A BUY TRADE IN ZOMATO...market is continuously taking support at trend-line...and just bounced back from it....when we move to 1D time frame...it is moving in channel pattern.... so its a good buy...
It is a good stock to invest in and Jefferies has given a target of Rs 100. But Fibonacci levels show that the stock may fall to Rs 31.
Zomato's stock has hit it's all time low today As all the pre IPO investors had a 1 year lock in period And today it expired There were a lot of sell orders The volume in the first 2 candles itself was about 70 million What do u think of this? Why did Zomato hit the atl? Do u think it will become a penny stock?
the stock is falling.....will fall more.....fall is likely to stop at 261.8% fibo level which will also be the end of the 5 way down move........be ready to buy at 30.75 for thumping gains...
Zomato ... On the way to penny stock ??? Maybe / Maybe not. from a high of 169 to 53 almost 2/3rd value erased.. three exits marked (red line). downside possibilities also marked. Happy Trading...
Just placed my idea in Position drawing. Can go more upward. Note: Please book your Stop Loss after Candle Closes (avoid SL Hunting). Grey : Small Resistance/Support Levels Green: Buying or Support Zone (buy at support) Red: Selling or Resistance Zone (but after breakout) Just follow the Entry & Exit. Trail SL after 1:1 to Cost + Brokerage.
ZOMATO -- HOURLY CHART -- INTRADAY SETUP -- 18/07/2022 1, Zomato seen pullback from 54 sub level to 61 level, now stock seen sharp correction from this level stock trading at same pullback level retest 2. HOURLY chart seen oversold level, RSI moving up now showing upward direction sign of trend reversal after correction 3. after heikin ashi consecutive red...
Zomato just broke the pattern in bullish form , can take a long trade only and only if market is bullish or postivie
ZOMATO --INTRADAY --SETUP AT HOURLY CHART 1. Trendline breakout seen at hourly chart last hourly candle with volume 2. At 50% Fibonacci retrenchment breakout done from low recent 50 and recent high 80 , 50% Fibonacci level comes at 65 level breakout seen from same level 3. selling volume decrease as histogram seen last hourly candle 4. trend reversal...
here is my daily, weekly, and monthly trade analysis for zomato stock. the fundamentals are as well supporting.