Zomato's Potential Trajectory: From 96 Breakout to 115+ Target

28 août 2023

**Trade Idea:** If the price manages to breach the levels of 95.5 and 96, the next target is likely to be at 100 Rs. This could potentially be achieved within a span of 5-6 days. Following this achievement, the 100 Rs. mark might act as a psychological resistance point. However, there's a possibility of the price briefly touching around 104 Rs. in approximately 1 week, before retracing to around 99 Rs. Beyond this phase, the target could potentially surge to 115 Rs. or more, over an estimated timeframe of 3 weeks.

Note: Implement a well-defined stop-loss strategy to manage risk effectively.

1st Target--> 100
2nd Target -->104/105
3rd Target --> 115

Thanks
Kambi

30 août 2023

Transaction en cours

trade idea from August 29th has shown progress. The price managed to achieve the first target, reaching 99.5 from an initial value of 91. Additionally, it successfully broke through the resistance level at 96. However, at the moment, the price is facing resistance at the 100 Rs. mark, which was mentioned as a potential psychological resistance point in the trade idea. It's important to continue monitoring the price movement and market conditions.

1st Target--> 100 achieved (99.5+)

15 sept. 2023

Transaction en cours

2nd Target -->104/105 achieved (104.5+ today high)

now
wait for the next target
3rd Target --> 115 ( 8-9 % gain )

Thanks
Kambi

11 oct. 2023

Transaction en cours

We have reached 109.80. Our 3rd target, 115, will be achieved in 2-3 days.


Thanks
Kambi ( IITian )

19 oct. 2023

Trade fermée: cible de profit atteinte

3rd Target -->115 achieved (115.10 high)

We have attained a remarkable 23% return from 94 to 115 over the last 1.5 months

Thanks
Kambi ( IITian )