NaveenGr

Zomato - Break from Triangle - 60 possible.

NSE:ZOMATO   ZOMATO LTD

1. Zomato in Down trend

2. Three buying attempts from 75-78 zone each time making lower high - means buyers are getting weaker.

3. Triangle formation.

4. Intraday - Short if sustains below 78.
Stop - 80.
Target - 73, 70.

5. Down move is expected till 60.

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