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!