Zomato time to think of
Updated
It is the right time to keep an eye on Zomato
100 is a very strong resistance and support level
if it closes above 102+ in the weekend then a good chance to take entry with a stop-loss of
95.
Target 1 - 115 next 5 trading day
target 2 - 122 with stoploss of 114 ,(122 is not a strong support)
target 3 - 128 with stoploss of 120
Target is around 153 for a short time trade
100 is a very strong resistance and support level
if it closes above 102+ in the weekend then a good chance to take entry with a stop-loss of
95.
Target 1 - 115 next 5 trading day
target 2 - 122 with stoploss of 114 ,(122 is not a strong support)
target 3 - 128 with stoploss of 120
Target is around 153 for a short time trade
Note
"if it closes above 102+ in the weekend then a good chance to take entry with a stop-loss of 95" since this didn't happened so we have to see on Monday also before taking any action.Good thing is that it spend sometime above 102 on friday
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