If Breakout Resistance then Entry long position.If Breakout Resistance then Entry long position. It good entry for swing trade.
ZOMATO trade ideas
Long zomatoRSI breakout happened. ALready in trend.
Keep your eye for levels are marked in the chart.
Zomato looking promizing. can buy for long term as well. Earnings realease in a week.
Zomato daily chart analysisZomato chart analysis on daily time frame. Please give your valuable feedback.
Cup and handle pattern formation for Zomato You can see the cup and handle pattern for Zomato and it's in uptrend support line should be near 144 and Target for Zomato 248 good time to invest in Zomato
Zomato: Your order is ready?Here are things you should know:
- 14 months of pure sideways consolidation
- Clearly defined support and resistance
- 6 Week consolidation at the resistance zone makes the resistance weak
- Volumes have died out. That usually happens when the price consolidates
- Investing in such companies is a matter of trust and confidence in the company and its management. It may take a while for such innovative companies to generate wealth with long-term holdings.
What is your take on it? Feel free to comment. If it helped, Do Leave us a boost 🚀
Disclaimer: We are not registered advisors. The views expressed here are solely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. We like everybody else, have the right to be wrong :)
Zomato - Logical Investment ThemesPeople usually find it difficult to Invest in a strategic manner. The stocks in their portfolio are either based on news, Tips, or some random chart breakout.
Here are some logical investment themes to consider:
🎯When Income grows, people Invest - companies that facilitate investment, especially the capital market.
🎯 The hype to show off travel - Travel and Hospitality companies especially those based in these Hyped Locations.
🎯 Financial Literacy is pushing for Medical and Term Insurance. A.k.a. Insurance Companies
🎯 The life expectancy is improving but old age needs care. Also, Given the sedentary lifestyle and Cheese grilled sandwich with extra cheese for lunch, youngsters are not that behind - Hospitals and Pharmaceutical companies
🎯 All the strategic ancillaries to the above-mentioned sectors.
✳Two Imp tasks:
1. Pick top companies in both, established and growth phases
2. Holding and averaging power for at least the next 7 - 10 years
Is there any other logical investment sector on your mind? Feel free to comment.
Until the next one, Adios!👋
⚠️Disclaimer: We are not registered advisors. The views expressed here are merely personal opinions. Irrespective of the language used, Nothing mentioned here should be considered as advice or recommendation. Please consult with your financial advisors before making any investment decisions. Like everybody else, we too can be wrong at times ✌🏻
ZomatoStock has been in an uptrend making HH HLS
ON line chart it has given a breakout with rising volumes.
Breakout trade iwth S.l below 21 ema can be taken
Zomato-3-Short term Sell-Mid term long Zomato CMP:174.20; RSI: 66.50;
Short Term View: Zomato has completed 5th wave and entered in ABC pattern correction. This short term momentum will fizzle out in 1 week time frame, before that the script may show price of 181-182 levels, and eneter in wave-C correction phase.
Mid Term View: Script will break down and fall below Rs: 158 in months time . Accumulate the script between 156 to 144 levels. for next round of upmove to a level of 188- 199-220.
Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance
Inverted HnS in the making.Zomato is forming an inverted Head and Shoulder pattern.
Breakout level: Above 195
Target: 225-228.
Stoploss: Below swing low, after breakout.
ZOMATO IN BULLISH TRAJECTORYZomato's stock appears to be on a bullish trajectory, with market indicators pointing towards a target of 200. Investors are eyeing potential gains, while also implementing a stop loss at 173 to manage risks effectively and safeguard against potential downturns
ZOMATO LEVELSOnly for educational purposes.
as u can see ZOMATO LTD is @ all tym high,
so buy on dip advisable.
u can buy if candle reverses from Demand zone or 20 EMA.(entry point btw 160 to 165).
Then Targets will be 169,176 and 188.
SL 155
Zomato to Hit life time high- short TermZomato CMP 139.55
RSI: 71.38
Target: 145 (1W) - 150-(2W)-162-165 ( 8W)
Zomato at its second resistance level should break it in upwards direction in a weeks time and conquer its target of 145 in a weeks time. While on charts targets of 150 can be seen in in a 3 weeks time frame, before it retraces back to second resistance zone and should retest it. Third leg of targets can be of life time high is also likely (162-165)
Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance
Zomato1/11 - Jefferies next 5 year companies
Our initial target - 300
Jefferies target by March 2029 - 400
ZOMATO BREAKOUTZOMATO IS descending channel pattern breakout.
previous trend is uptrend and I think this small correction.
volume is good.
set stop loss in 5 %
don t bulk investment. buy little by little.
Trade idea in Zomato for Long term Zomato Ltd. engages in the business of operating as an internet portal. It operates through the following segments: India Food Ordering and Delivery; Hyperpure Supplies; Quick Commerce Business; and All Other. The company was founded by Pankaj Chaddah, Gunjan Patidar, Mohit Gupta, Deepinder Goyal, and Gaurav Gupta in 2008 and is headquartered in Gurgaon, India. NSE:ZOMATO
I am Bullish in Zomato for an extremely long term period
And if it publishes magnificent Q4 results as well then I am buying more
2nd Time Recommendation For Zomato Zomato sustain above 125 more upside seen possible next New target 143-158-163 invalid below 107
Zomato Simple Analysis BullishNSE:ZOMATO in the past was in a severe downtrend making Lower Lows and Lower Highs.
But the Trend has changed recently after the Price engulfed a Lower High and made a Higher High in this Candlestick Chart.
Also, a "W" shaped Recovery can be seen in this chart which should take the Price up to "All Time High" which is beyond 169.
The expectation is Price should continue its newly begun Up-Trend by making Higher highs and Higher Lows in this chart and eventually reach beyond 169.
With a Target of 169, we can expect a 76.87% Return on Investment in this chart for now.
Zomato the Tomato - now looks like Half-cut Onion :)Zomato right from its IPO was always on the Lime-light for both Positive & Negative reasons till-date. Many were apprehensive of Zomato's success given the enormous amount of Debt the company carried during its IPO & Post-IPO days
Not Surprisingly, after a brief Upmove right after IPO, the Price started falling so sharply and badly that it became one of the most Trending Memes on Social Media that Zomato price is Less than a Tomato
With the recent Strategic changes brought in by the management and coverage of most of its Debt, Zomato has not shown strong signs of a Bullish Reversal and also hints of becoming a Multi-bagger stock
On the Technical Front - Zomato formed Multiple Concentric Rounding Bottom Patterns right from 120 level to 160 (CMP 161). Each Rounding Bottom Pattern slightly bigger than its predecessor resulting in incremental increase in Targets.
With so many concentric circles (Rounding Bottoms) - Zomato Chart now Looks like a Peeled Onion :) :) :)
Technicals:
At CMP (161) - Zomato is has completed one of the Earlier targets set and also on the Verge of its Last and Largest Rounding Bottom Pattern.
A Strong BO above 161 WCB will take the stock to 185, 245, 280 (Almost 2x from here)
Note: Our Recommendation and Entry was approx. 103 levels and we are already at 55% Profits and target of 280 is approx 2.7x from Recommendation :)
Disclaimer:
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ZOMATO LTD is looking bullish.Zomato is almost trading near its all-time high. Monthly, weekly, and daily RSI is above 60.
Volume is increasing as it is nearing its ATH.
The chart pattern looks like a cup, and the break line is crossed with a fair volume.
One can easily trade for a 1:2 Reward Ratio and trail if the up trend continues.
Zomato Bullish Tend to Continue- near term and short term viewThe Next possible resistance will be faced at 126.5 in coming week and followed by the validation of support level @120 before resuming to upward trend to achieve 135 level in a months time frame.
Disclaimer: This written/visual material is comprised of personal opinions and ideas. The content should not be construed as containing any type of investment advice and/or a solicitation for any transactions. It does not imply an obligation to purchase investment services, nor does it guarantee or predict future performance
ZomatoLooking good for the next leg of rally as it closes one of the main Gann levels @130.4 which would be the SL just fe points below that
Targets and Trailing SLs are marked as per the blue levels
