Zomato

Time Frame - Weekly
*Study* -

-- A rectangular Pattern Breakout with high volume
-- Reversal pattern
-- Good Volume
-- Fundamentally little weak stock

Target and Stop loss mentioned in Image

Similar Study link below of Anupam Rasayan--

This Chart is only for educational purpose. Do your own study before entering into the trade.

Comment:

Near SL

4.78% down at 61.8

Trade active:

It may run now, News based candle hits SL and then runs

Comment:

Results are better, and also technically looking good above 66.9

Comment:

Breakout of 70 with good volume on weekly time frame ,

study of anupam rasayan supported

Trade active:

Target of 75.8 Hit.

May go till 80-84 zone

Trade closed: target reached:

All target achieved

Trade closed: target reached