This stock under trend line , Food Delivery stock , Let see there break out for further enter
The food delivery business in India is going through a re-biasing process. Zomato and Swiggy had taken the markets by storm during the Pandemic era, and had seen strong tailwinds which made their toplines grow massively. But now with the changes in the post pandemic era, we can see a significant demand for a dine-in experience. As more and more people get...
A very clear trendline break with one resistance at 80 if it's able to take that it may test ATH. For now it looks good for an upside swing.
This is very risky stock so just consider for learning purpose. My view is just technical analysis you can check fundamental analysis in details. Risk Management is important than setup Manage your risk Channel Learning Very Volatile and Risky stock if day candle close above 68 Target 1: 85 Target 2: 94 Rejection from channel then short Target 1: ...
Zomato give a very bullish signal due to its breakout of head &shoulder pattern and trend line break soo buy it above 64.5 Our target 67.5, 70.50, 73.2, 75.75 Sl 57
NSE:ZOMATO Cup and handle pattern break out with high volume.
Simple price action prediction story on Zomato. Probable creation of bottom
Zomato has some positive buzz. A high risky stock and published for educational purpose only not a recommendation
Having closed yesterday at a price of $43 the price has seen buying momentum throughout the week as represented by the daily green candles. When taking a broader picture, the golden lines present the swing low/ high points since the start of 2022. This shows an incredibly greater resistance to the short-term buying trends like those presented in the past couple...
This Technical Analysis clearly said Zomato now free fall this fall continue up to near 20
The lock-in period for #Zomato expires today (1 year post listing). The stock is in a clear downtrend, and has broken it's previous lows. It might look like an anniversary sale, but it's a trap for anybody looking to make money in the short term. It's better to take exposure after it breaks-out above it's downward trend line and add when it crosses 76 levels..
NSE:ZOMATO had been trading in a downtrend for months and now seems like it found a bottom. It made a falling wedge structure in a downtrend which indicates that selling pressure is getting weaker and buyers are stepping in. It broke out of falling wedge resistance and now trying to take a support at the breakout level. If it succeeds in breaking 75 level, We...
ZOMATO LTD expected 43 38 33 best buy between 33 to 43
Zomato is oversold in all timeframes. Expecting a pull back to 75 levels in short term
On daily chart zomato is trading in a range near support area. Closing above 90 will attract fresh buying.