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VKTheIndianTrader

ZOMATO SWING LONG TRADE - WEEK - 16 AUG 21

Long
ZOMATO LTD (NSE:ZOMATO)  
VKTheIndianTrader Updated   
NSE:ZOMATO   ZOMATO LTD
Trend Analysis Technical Indicators Chart Patterns zomato Technical Analysis stockmarketanalysis
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trendanalysis indicator chartpattern zomato technicalanalysis stockmarketanalysis
ZOMATO SWING LONG TRADE - WEEK - 16 AUG 21

Expect 5-10% move upside in the week

WHY Long

- 1 hour downtrend trendline breakout and retest
- RSI positive nearing 60
- Near resistance breakout
- No long bearish candles recently
Comment:
trade activated on short side
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