ZOMATO - DOUBLE BOTTOM - 1HR CHART
Updated
Zomato is making Double Bottom pattern at 1hr chart. Today it made a Hammer, clear RSI divergence.
There is also Trendline Resistance, today it has taken support at an old support level. There is probability of going up from here.
Buying seems above 248 because in case it goes down tomorrow then it may take support at 230-235 levels.
For learning and educational purposes only, not an advice.
There is also Trendline Resistance, today it has taken support at an old support level. There is probability of going up from here.
Buying seems above 248 because in case it goes down tomorrow then it may take support at 230-235 levels.
For learning and educational purposes only, not an advice.
Trade closed: target reached
Today, 12th sept, ZOMATO completed its Target within 8 trading sessions.
Finding the right support and resistance levels are really important.
For learning and educational purposes only, not an advice.
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