Zomoto Up for Swing Trade
Zomato Ltd, CMP: 235.02
Chart Structure has signs of bottoming out at 203-205 levels and tested support twice. The present momentum will retrace before it expand to final target of 270-279 levels. Look for below key levels.
First Resistance: 248-250
Entry levels (Retrace back levels): 217-211
Stop loss: 209 (closing basis)
Target: 270-279
Chart Structure has signs of bottoming out at 203-205 levels and tested support twice. The present momentum will retrace before it expand to final target of 270-279 levels. Look for below key levels.
First Resistance: 248-250
Entry levels (Retrace back levels): 217-211
Stop loss: 209 (closing basis)
Target: 270-279
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