ZOMATO trade ideas
zomato nse long zomato pricing testing a key broken resistance level 140. looking for long opportunity 141.50-140.00.target 150 ,155
ZOMATO INTRADAY for 16.08.2021BREAKOUT DONE!!!
INVERTED HEAD AND SHOULDER PATTERN!!
Breakout with good volume!!
CAN make a good high!!
TARGET PRICE=147/145/150
STOP LOSS= 135 or go with trailing stop loss OR can do till 44 EMA LINE!!
200 EMA LINE IS BELOW THE BREAKOUT CANDLE SO CAN MAKE A GOOD TRADE!!
(ABOVE analysis is only for study purpose do not take as any buy or sell call!!)
ZOMATO 15MINZOMATO 15MIN is travelling is a zone with a triangle a pattern breakout that can give targets.
ZOMATO INTRADAY!! as on 12.08.2021KIND OF INVERTED HEAD AND SHOULDER PATTERN FORMATION!!!!
CAN MAKE A GOOD call if gives a breakout above the neckline !!
NOT A CONFIRMATORY CALL AND IF BREAKS BELOW THE NECKLINE can honour the 44 EMA AND MOVE BACK DEPENDS ON VOLUME !!
DO CHECK THE BREAKOUT CANDLE VOLUME!!!
CAN MAKE HIGH 10 RS HIGH PER SHARE!!
STOP LOSS stop on neckline if breaks above and breaks down take 44 ema as stop loss and wait for retest!!
(only for study purpose do not take it as any buy or sell call)
ZOMATO ZOMATO will be either in consolidation state or price will correct prior to uptrend.
Short term view is negative.
Zomato in triangleZomato is consolidating in a symmetrical triangle formation in hourly TF. Can break on either side. Keep on watchlist.
Zomato Opportunity !!Buy it !! dnt fall in the big dip pocketter's illusion !!
Trust on the business concept and future !!
Buy and Hold !!
Zomato.... Weak ??Trading below the weak price range
Be cautious on long.....
Use the levels for trading....
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