Long

Updated

Zomato is forming a j-hook weekly

Looks like zomato is trying to form a j-hook pattern on weekly chart, I'm expecting a first target of 66 and next 89 lets see what happens

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5% positive now

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another 4% move today

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achieved first target today, lets see next target is possible

Trade closed: target reached

second target looks challenging so closing this trade

Trade active

Next possible target 73 and 95

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Achieved second target 73 today

Trade closed: target reached

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look like moving towards 95

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9% this week and looks like a breakout on weekly

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breakout on weekly

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looks like taking support

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rocking move

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12.7% this week

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looks like moving towards 95

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81 and 78 will be next supports

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95 achieved!!!

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next resistances 115 and 140, lets see what happens

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10% this week

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currently facing resistance if gaps above 97.5 there will be more on upside else we can see some consolidation

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looks like it is going really strong

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looks like will take support near 89

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if 89 break 85 is the next support

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looks like opening above resistance, more to go

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next target 108

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breakout and stays above breakout, looks strong

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5 more to the next target

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if 116 where it opens break more chances to test 140 if that break 160 possible

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couldn't able to break 116

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116 broken moving towards 140

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looks like taking support, also formed a buy candle on weekly

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moving towards 140 it seems

Trade closed: target reached

140 achieved!

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achieved 160!

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Also on:

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