In this blog we will discuss Why Zomato Stock is Falling? Shares of Zomato fell to all time low which is down 50% from its all time high. IPO size of Zomato was Rs 9375cr, stock listed on exchanges for public trading on July 23 last year and surged 65.8% on its debut.
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In this post we will study GBP EUR Technical Analysis. GBP/EUR Pair is moving in rectangular pattern for long time. Monthly chart showing price is making lower high. Weekly chart showing price is moving in sideways. Daily chart is showing rising rectangular pattern.
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In this blog we will study Brent Oil Technical Analysis. Brent Oil has given breakout from monthly chart falling wedge. Weekly chart is showing that price is moving near to resistance level.
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In this blog we will study GOLD Technical Analysis. Gold has given a breakout from weekly chart ascending triangle and now it is taking support from that resistance level of ascending triangle.
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In this blog we will study EUR USD Technical analysis. Weekly chart of EUR/USD Pair showing that price is moving in rectangular pattern. Daily chart is showing falling wedge pattern. 1 Hour chart showing breakout of ascending triangle.
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IndMoney had raised $75mn from existing investors including Tiger Global, Steadview Capital, and Dragoneer Investment Group. Also they have raised additional $11mn from Singapore-based Sixteenth Street Capital, Peyush Bansal, founder, Lenskart, and influencer and founder of Nearbuy.com, Ankur Warikoo.
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Morning Star Pattern is a multiple candlestick pattern which consist of three candlesticks which occurs during the downtrend. Morning Star pattern is a bullish reversal pattern which gives sign of trend reversal from bearish to bullish.
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Cash Ratio is the one of the three ratios of liquidity ratio which is more conservative than other liquidity ratios because it considers most liquid assets of a company. This ratio shows company’s ability to repay its short term liabilities with most liquid assets which are cash and cash equivalents and marketable securities.
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Dark Cloud Cover is a bearish reversal pattern which appears in the uptrend. This pattern is reverse of Piercing Pattern and similar to Bearish Engulfing Pattern with minor variation. This pattern is a combination of two candles. The first candle is strong green candle which shows strong uptrend followed by strong bearish candle which shows reversal.
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Piercing Pattern is similar pattern like a bullish engulfing pattern with little difference. The difference in piercing pattern is that the second green candle doesn’t engulf the previous red candle completely, it engulfs more than 50% of the previous red candle but not more than 100%.
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