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.
ZOMATO trade ideas
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.
Zomato one day chartstock chart again and again facing the resistance of trendline once it break may we can see a sharp upside movement and it's also making triangle pattern
Zomato| Long | Breakout soon!Zomato has been consolidating for months and any time a sharp breakout may come. Go long. Targets have been marked on the chart.
Take the position at your own risk. This is only for education purpose.
Happy Trading :)
zomato stock analysis Supreme price Action strategyHi, guys retest my analysis, stock are under value positon hgh volum riquired to break the 200 ma
*Disclaimer : It is not a financial advice am not a professional I don't take responsibility for your loss or this post is not to hurt anyone sentiment or reputation it is for educational
purposes.......
Zomato is in troubleDisclaimer : It is not a financial advice am not a professional I don't take responsibility for your loss or this post is not to hurt anyone sentiment or reputation it is for educational
purposes.......
Not done yet there is gap in stock shared the possible path zomato can follow in
watch out for pp And dca into buy zone if market conditions looks good
.................................................................................................................................................................Har Har Mahadev
Zomato analysisthis is a 5 wave correction, so it should touch the support line, i have drawn a channel too which is supporting from past waves too.
ZOMATO getting ready to take-offZomato looks pretty good on the daily and monthly chart
- Positive Price Action
- Started forming bullish structure( HH- HL)
- Huge volume on August Monthly Candle
Sustaining 53 levels, the stock is most probably moving towards 75 to 85 levels in the coming weeks.
Type of Trade: Long Positional Trade
Buy on dips
Zomato stock view -28-08-2022This stock under trend line , Food Delivery stock , Let see there break out for further enter
