Zomato is still in those phases where we need to judge this for more time, Not good trade for right time in my opinion, let's see it will go
If price sustain above 82 levels. Can expect up side for 90s level. Views are personal and only for educational purpose. Not any call/tips
This is very good news for Zomato holder as the stock is taken its liquidity from the Price ~Rs129 and now the target expected from this point is almost ~Rs149-Rs150. Which is just great!
zomato pricing testing a key broken resistance level 140. looking for long opportunity 141.50-140.00.target 150 ,155
BREAKOUT 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 15MIN is travelling is a zone with a triangle a pattern breakout that can give targets.
KIND 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...
Buy it !! dnt fall in the big dip pocketter's illusion !! Trust on the business concept and future !! Buy and Hold !!
Trading below the weak price range Be cautious on long..... Use the levels for trading.... Like.... Share... Follow...
naukri can go long and zomato ipo is also comming made inverted head and shoulder pattern presently facing retracement needs volume breakout. if breaks 5114 and sustains above 5170 target 5480 sl 4940
info edge (naukri) also holds stake in zomato... inverse head and shoulder is seen on charts!!1