vishutanwar

ZOMATO_ Big move soon

Short
vishutanwar Updated   
NSE:ZOMATO   ZOMATO LTD
it is interesting to see where it will go just wait for a lovely hard close, of that wedge... by pink line and yellow one, if get hard close then we will head towards hold level to hold move that's out target, ... and keep in mind if close below... our greediest buy target is "Bottom Trend Line"
Comment:
Short-term target reached... you may close 40% of your short position... and let's go with the flow., previously I forget to upgrade the idea instead I commented..., you can close the position if you want.... with a nice 3.36% profit with no marginal trade, or you can mark a Stop loss little below the entry and go with downtrend...
Comment:
I forget to mention we also got the hard close below 1h trendline so expected a nice downtrend or it will test the trendline... if the test failed we can take more fresh short positions in the near future

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