Zomato Possible Downtrend Continuation To All Time Low

١٧ سبتمبر ٢٠٢٢

As seen on ZOMATO Weekly chart, Zomato can be expected to fall further and find new all time lows.

١٧ سبتمبر ٢٠٢٢

ملاحظة

Zomato can be good investment in long term, so wait for it to fall further, before making a investment. My guess is that Zomato may find support around Rs.30. (Just a ten rupee below the previous low)

٢٥ سبتمبر ٢٠٢٢

تم فتح الصفقة

Good to see the rejection around 63-67 levels. expecting bearish trend to continue.

١٢ أكتوبر ٢٠٢٢

ملاحظة

Zomaland created a spike in previous week, let's see how it closes this week.

٢٥ يناير ٢٠٢٣

أغلقت الصفقة: تم الوصول للهدف

Zomato still might go further down and test the bottom, but current level is good enough to start accumulating the stock for long term investment.