Trading_hawk

Positional Trade | ZOMATO

NSE:ZOMATO   ZOMATO LTD
NSE:ZOMATO

On daily Time frame it has made double bottom pattern and yesterday it gave breakout of neck line which is placed near 140 level.

Please refer below chart : Daily time frame.

Any dip above 140 level will be buying opportunity.
Short term target will be 153.50/155 level.
SL will be 137.

Please refer below chart : Daily time frame, for trade levels.