Short
Zomato is showing weakness it may test 170 soon.
Zomato is weak on monthly and weakly chart. It forms Fake breakout with double top pattern on monthly chart.
As per chart showing weakness on daily chart also as RSI drag below 40. It can short on any rise or here for target 170 soon.
As per chart showing weakness on daily chart also as RSI drag below 40. It can short on any rise or here for target 170 soon.
Transaction en cours
Tested our short level 223 and down. trade is active wait for target with sl 230 closing basis.Trade fermée: cible de profit atteinte
Zomato reached at 200 level. As per last 2 days trading it is taking support for bounce here. 200 is psychological level forms double bottom. it is suggested to book profit here and wait for bounce to short again.
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.