Zomato Simple Analysis Bullish

4 ago 2023

ZOMATO in the past was in a severe downtrend making Lower Lows and Lower Highs.

But the Trend has changed recently after the Price engulfed a Lower High and made a Higher High in this Candlestick Chart.

Also, a "W" shaped Recovery can be seen in this chart which should take the Price up to "All Time High" which is beyond 169.

The expectation is Price should continue its newly begun Up-Trend by making Higher highs and Higher Lows in this chart and eventually reach beyond 169.

With a Target of 169, we can expect a 76.87% Return on Investment in this chart for now.

1 mar

Trade chiuso: obiettivo raggiunto

Full Target achieved, a staggering 76.87% Return on Investment in just 210 days...