לונג
ZOMATO --CONSOLIDATION BREAKOUT
ZOMATO --DAILY CHART SETUP- CONSOLIDATION BERAKOUT
1. ZOMATO seen trade at lower channel previously, bottom formation seen around 40 odd level .
2. Lower channel breakout seen above 60 level and stock consolidate 60 to 70 level, in last few weeks .
3. triangle pattern breakout as well as consolidation breakout seen last trading session with huge volume above 65-72 level . and stock close above 72 level last trading session, indicate stock ready to move upword from consolidation phase .
4. trix crossover seen from center line ( 0 line ) is also strong bullish indicator.
5. one can initiate BUY above 70 level for target 75-80-85-90 short to mid term, stop loss can place bellow consolidation support at 59
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..! TRADE AT OWN RISK .
HAPPY TRADING ,!!
1. ZOMATO seen trade at lower channel previously, bottom formation seen around 40 odd level .
2. Lower channel breakout seen above 60 level and stock consolidate 60 to 70 level, in last few weeks .
3. triangle pattern breakout as well as consolidation breakout seen last trading session with huge volume above 65-72 level . and stock close above 72 level last trading session, indicate stock ready to move upword from consolidation phase .
4. trix crossover seen from center line ( 0 line ) is also strong bullish indicator.
5. one can initiate BUY above 70 level for target 75-80-85-90 short to mid term, stop loss can place bellow consolidation support at 59
THIS IDEA IS FOR EDUCATIONAL PURPOSE ..! TRADE AT OWN RISK .
HAPPY TRADING ,!!
הערה
Target 1- 75 HIT ...9.16 AM ..14/11/2022
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.