vinod0211

Zomato - Channel Pattern - Only Educational Purpose

NSE:ZOMATO   ZOMATO LTD
This is very risky stock so just consider for learning purpose.
My view is just technical analysis you can check fundamental analysis in details.

Risk Management is important than setup
Manage your risk

Channel Learning
Very Volatile and Risky stock

if day candle close above 68
Target 1: 85
Target 2: 94


Rejection from channel then short
Target 1: 50
Target 2: 40
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.