ZOMATO - Double Bottom

Updated
Zomato is making Double Bottom pattern at 2hr chart, probability of touching 196, if sustain then it may touch 206 too.

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Zomato has made Triple Bottom, it is following the Downward Resistance Trendline, a BO is expected on 3june.

For learning and educational purposes only.
Trade closed manually
Note
ZOMATO touched 200 on 19june.
Double Top or BottomTechnical IndicatorsTrend Analysis

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