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Positional Trade | ZOMATO

ZOMATO LTD (NSE:ZOMATO)  
Trading_hawk  
NSE:ZOMATO   ZOMATO LTD
Trend Analysis positional zomato zomatoipo zomatolong zomatoshort positiontrade positionallong stocktowatch stocktobuy
3
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trendanalysis positional zomato zomatoipo zomatolong zomatoshort positiontrade positionallong stocktowatch stocktobuy
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.
snapshot

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.
snapshot

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