Alış
Zomato in resistance zone, but worth the BUY?!

Zomato is enjoying an amazing run since March end .
Coming from 48 to 80 [ approx 66% up] in a matter of less that 4 months.
Now it is facing a crucial resistance zone. Skies look clear above 85 , but even at 78.7 [today close] it presents a good risk to reward [RR] ratio , as this is the third attempt into the zone [[most ipo buyers exit at breakeven 76]. With a invalidation below 73 on a weekly basis.
Healthy target of 127-130 range , once we get a weekly close above 78-80.
Not investment advice. Personal thoughts and how I will be playing this.
Coming from 48 to 80 [ approx 66% up] in a matter of less that 4 months.
Now it is facing a crucial resistance zone. Skies look clear above 85 , but even at 78.7 [today close] it presents a good risk to reward [RR] ratio , as this is the third attempt into the zone [[most ipo buyers exit at breakeven 76]. With a invalidation below 73 on a weekly basis.
Healthy target of 127-130 range , once we get a weekly close above 78-80.
Not investment advice. Personal thoughts and how I will be playing this.
Not
Boom! Close to 4R now on ZOMATO. Book 30% hereİşlem kapandı: hedefe ulaştı
Nailed to perfection. 130 reached!!Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.