Zomato really surprised everyone with its results as its a much hyped script in all media... regular and social....
But in DEC it could not sustain above 291
291 is a strong resistance as u can see in the above chart.
Now it has almost corrected 33% from its recent high of 305
Approaching a very strong support of 184-192..
Investors can start putting money in SIP mode near the above levels
The next great support is seen at 176-180 levels.
Happy Trading...
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