SatpalS

ZOMATO - Range bound Breakout

NSE:ZOMATO   ZOMATO LTD
ZOMATO is moving in a Range since 4april, made Bullish Engulfing candle on 7may, gave breakout on 10may after 3-4 previous attempts, follow up green candle is also visible after the BO, Now there is a probability of touching 223 target.
At Weekly Chart Zomato has made a Rounding Bottom, will discuss that once it achieves current target.

For my learning and digital records purpose only.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.