zomato make higher low and cross lower high first timeresult bet
cmp 48.9
sl 47.55
target 52.1
keep position sizing in control
ZOMATO trade ideas
zomato is dark horse or just a loss making statup HI there TV what every i share is not a finical advice my objective here is to educate you i don't take responsibility for your loss you are a rational adult do your own research before doing anything
we have been tracking zomato for a while, it peak our interest now
we have been waiting for it to fill the gap, it finally fill it now
now what we are expecting a decent bounce here these are resistance which only care about
if bulls, able to defend 40.70 then it will have a Swing pattern failure and target will be from 75 to 127 give or take few bucks
now come the bad news zomato is in bearish trend lower low, lower high but if bears fail this time bears fail to break to new lows then we will have a bounce and if reject from 98-88 range then downside potential is huge it can crash to 16 easy that is our bearish view on this
have fun ladies k910 out
Har har Mahadev ...................
Order in zomatoBuy Zomato around 45 levels targets 120+
Keep accumulating all the dips keeping mid to long term in view.
Zomato Stock Buyers Be WarnedZomato stock has been in a steep downward trend. It has formed a small head and shoulders pattern and moved below the 50-day moving average. It has also plunged below two important support levels. Therefore, I suspect that it will crash by about 20% to its all-time low.
BUY ZOMATO just intraday Buy at current level 51.1 keep stop loss 50.5 and target will be 51.9/52.1/52.5 just intraday and if price moves above 52 then you can go for BTST..its just a trading idea because inverted head and shoulder ka breakout hua h 15 mints time frame pe so chota sa upside dikh skta hai aj aur kal k lie lekin intraday me he sale kr dena.
Any ideas on this?I think it is about to break its descending broadening wedge with an upside of 27%
Zomoto good technically??as per my chart analysis zomoto good for buying . it tooo reversable support 44 is strong support area ..comming day Zomoto may give breakout 130 is my first target . good volume in zomoto
Zomoto going to buy mode after selling?As per my analysis . After alibaba huge selling Zomoto will fly my upside targer 131.45 after support at 44 Rs
Is Zomato forming a trend?It looks like Zomato is forming a trend. Let's see if the support holds and moves along the trend lines.
Long Zomato for short term gain of 4-7%According tot he 1 hourt chart frame it can goes upto 70-71 Price rance within 1 to 3 week, so buy and holf tight tot get short term return
Zomato one day chartZomato looks bearish if it breaks its trendline support then it can start fall
Take only short position no buying view
Zomato retesting the 200maLet's see what happens today. I'm waiting for a confirmation candle tomorrow.
ZOMATO Looks Good for Coming DaysSharing idea based on analysis, if you like it kindly boost this post.
Thank you for connecting
Zomato Break Out
Inverted Head & Shoulder Break Out
Trend Line Break Out
MACD Cross over Positive Above Zero Line in Weekly/Daily/Hourly
RSI above > 60
Positive Cross over of 5 EMA, 13EMA, 26EMA
ADX above 15
I am not a SEBI Registered Broker
This is my study and only for the Education Purpose.
Breakout in zomato1 = Stock has broke important trendline
2 = given breakout on weekly time frame
3 = stock is above moving averages
4 = stock has good buying volumes
our analysis is for educational purposes only
Zomato : Gearing up for 80 & 88. Possible 116 in the near future
Good Day,
Hello Traders,
Zomato looks good from here on but it all will depend on the trend of the market as the
festive season is coming up (Diwali), Sales will be up and this will reflect in the Price.
Also it is coming out of as a breakout of a Big Trendline and sustaining above it succesfully. Made a big Rounding bottom
It made a low at 38.10 (August)and trading now at 70.30 .Slowly it will achieve small target of 80
and 88.
Possible target around 116 as it is the depth of the cup which is in the making.
Disclaimer : I am not SEBI registered analyst, this is for educational purposes.
Please trade as per your risk and do consult with your financial advisor before taking any
trading decisions.
If you really like the analysis , please do comments, LIKE and Follow me.
