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ZOMATO READY TO DELIVER MAMOTH RETURNS

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The stock has formed a rounding bottom pattern on daily timeframe and fundamentals are also supported by the technicals which makes it more attractive and reliable the company posted 3 positive quarters first time since inception , also acquiring blinkit turned the tables . the stock can give breakout in upcoming week or tomorrow and upon breakout it can reach to 280 levels

註釋

Breakout has initated in the stock and it has broken the crucial resistance of 160

交易進行

beuatiful rounding bottom breakout done
also a small rounding bottom has been formed
230 short term target
284 long term target

註釋

交易結束：目標達成

rounding bottom successful i think profit booking must be viable and wait for some new pattern formation as of now i dont think there is any buy opportunity