Zomato Looks good this week starting 20th Feb 2023

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Zomato Technical Analysis for this week
moving averages indicating: strong buy
technical indicators indicating : strong buy

Technical Indicators
stoch(9,6) 65.133 buy
macd(12,26) 0.710 buy
adx(14) 41.266 buy
cci(14) 167.5617 buy
atr(14) 0.5750 high volatility
highs/lows(14) 1.6857 buy
ultimate oscillator 60.203 buy
roc 5.202 buy
bull/bear power(13) 3.1560 buy

Moving Averages (ma)
ma5, ma10, ma20, ma50, ma100, ma 200

Note: the analysis is purely for educational purpose and not for the trade on this script.
Dagangan ditutup: hentian tercapai
Closed Stop loss hit on 22/02/2023
Nota
However the targets are still achievable, closed due to SL.
Nota
Now everyone buying!! but see when the wave started. Need to catch the stock at right time.
Nota
what an idea sirjee, now markets gem.
analysisCandlestick AnalysisPivot PointsSupport and Resistancezomato

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