Zomato is back for surein my analysis I think the zomato is back with a boom next 3 months it will touch 150+ Target 1 - 115 next 5 trading day target 2 - 122 with stoploss of 114 ,(122 is not a strong support) target 3 - 128 with stoploss of 120 Target is around 153 for a short time tradeby RishkyRider116
Zomato time to think ofIt is the right time to keep an eye on Zomato 100 is a very strong resistance and support level if it closes above 102+ in the weekend then a good chance to take entry with a stop-loss of 95. Target 1 - 115 next 5 trading day target 2 - 122 with stoploss of 114 ,(122 is not a strong support) target 3 - 128 with stoploss of 120 Target is around 153 for a short time tradeShortby RishkyRiderUpdated 7
ZOMATO : CUP Pattern & W Pattern...!Zomato Stock after long consolidation face on Daily TF ready to give breakout with volume support. On daily TF stock has made cup pattern & on Monthly TF made W pattern. Entry at CMP upside move can see at 114 to 134 in coming days.by DeepikaMehtaCFA10
#ZOMATO INTRADAY TRADE SETUP Greetings Folks, today i have prepared a setup of ZOMATO on NSE the analysis is as follows - the stock is one of the volume leaders today - broke out of previous with good volume - now doing the traditional retest - you can buy now or go for a conservative entry with the below zone i marked dont play with fire, always use predefined stoplossLongby profitpujari2
positive push wave pattern, trend support possible to reach 160 support at 93 to 95 Longby villagetraderbro9
HOw to trade ZOMATOHOw to trade ZOMATO probable chances of forming a flag pattern trade above 65-66 stop loss 54 target 85Longby yogesharora2409Updated 17
ZOMATO LTD LONGStock regular make higher high higher low formation is good for uptrend. 20 Dema and trend line low price is same. This is a Major support for bull run. 100 rs is a Major resistance If break the resistance buy the stock for target price 130-135 Small S.L 87 Moving average also indicate uptrend. Macd is Bullish Disclaimer this is my personal view for education purpose only.Longby Technicalcharts_111
ZOMATO be FEARFUL when others are GREEDY!It's simply the best time to exit ZOMATO according to me. I have updated the wave counts for your reference. It's most likely to form a WXY pattern on a cycle degree. Wave Y may form ending diagonal in 5 wave formation with a downside of upto 26 level. A fall of around 73% from CMP. I am just sharing my views here. You do your own due diligence before taking any action. Peace!! Shortby Swastik24778
Zomato's Ache din aanewale hai.Check out the levels Finally after year of downtrend. Looks like there is some good news. Expect the fall till 72 or max fall till 60 Chances of double within years time. Longby Chart_analyser_NJ9
Zomato - Weekly Chart AnalysisComing out of base. Now should sustain these levels. Volumes are decent. Disclaimer: This is just an analysis and not a buy/sell recommendation. If you intend to trade the counter then do your own due diligence and trade at your own risk. Longby marketmoneymohmaya119
#zomatoshort zomato as it made double bottom we can expect a fall from here, wait and see a boom.Shortby hellomgaurav8
#Zomato broke above it's previous resistance#Zomato holding the uptrend line since March 2023 lows, and also above the resistance ~75. The worst appears to be over, and the trendlines can be used a support levels for observing any trade.by Sujay_fi9
Multibagger stock Zomato is leading company in food supplying in India. In chart of this stock is very impressive & near crussiel registaance above 85 cross then buy longLongby TradingviveAniket4
Bullish Pennant Breakout: ZOMATO Faces Strong ResistanceZOMATO has encountered a significant daily resistance level following a recent breakout from a bullish pennant pattern. The price action indicates a notable rejection, as the highlighted resistance level is being respected. In the 84-87 region, there has been substantial selling pressure, resulting in a significant price drop. The historical price movement suggests that the bullish sentiment may start to weaken or slow down. Shortby TraderChamp-Pro8
Resistance BreakoutPlease look into the chart for a detailed understanding. Consider these for short-term & swing trades with 2% profit. For BTST trades consider booking target for 1% - 2% For long-term trades look out for resistance drawn above closing. Please consider these ideas for educational purposeLongby Breakout-IdeasUpdated 4
Zomato Rejection On Weekly CandleIf Zomato breaks below Rs.65 - 63 levels, Likely to test the all time low.Shortby UnknownUnicorn25482289Updated 11
ZOMATO Towards 130 levelsWe have seen a remarkable rally in Zomato Ltd in the past few months from 45 levels to 75 levels, that's a whopping 81% gain in a span of about six months only. Well, the stock doesn't seem to stop here and has the potential to give another 70-80% gain in another 6-8 months' time, if sustains above 69-70 levels. It can be a great risk to reward positional trade at this point of time and price Longby manuagarwal213
Zomato Trend AnalysisPoor fundamentals will lead to a massive fall ahead. Around 25% upside left upto 90-95 levels before a 75% fall towards 22.50 level. This is not a trade recommendation. Hope you find my insight helpful. Do your own due diligence before taking any action. Peace!!Shortby Swastik247
Chart of the week!Zomato has given a double bottom pattern 'W' breakout this week. This is a very powerful and sustainable trend reversal pattern. Therefore, in my opinion, a position could be made in the stock considering the down trend is over. This is a very sweet spot and one should invest periodically in this stock. CMP - 77.6 W (9/6/23) T - 85, 100, 115 W SL - 71 W Longby AbNamjoshi7
ZomatoZomato has consolidated for a while and ready to make a good rally in the coming few weeks Please find the resistance and support levels marked on the chart.Longby happyvegan103
Zomato can zoom till 30%the stock has corrected more than 60% since listing. after digesting listing move, the stock formed triangle pattern (consolidation zone) on weekly TF and broke it out successfully. RSI above 60 is also confirming bullish momentum. Fresh long position can be initiated above 68.5 with the stoploss of 64. our expected targets are 74.5-85 in short term. holding period should be 2weeks to 8 weeks. Longby amitgupta503201126