Long
Updated

Zomato

1 527
Time Frame - Weekly
*Study* -

-- A rectangular Pattern Breakout with high volume
-- Reversal pattern
-- Good Volume
-- Fundamentally little weak stock

Target and Stop loss mentioned in Image

Similar Study link below of Anupam Rasayan--
snapshot
This Chart is only for educational purpose. Do your own study before entering into the trade.
Note
Near SL

4.78% down at 61.8
Trade active
It may run now, News based candle hits SL and then runs
Note
Results are better, and also technically looking good above 66.9
snapshot
Note
Breakout of 70 with good volume on weekly time frame ,

study of anupam rasayan supported
snapshot
Trade active
Target of 75.8 Hit.

May go till 80-84 zone
Trade closed: target reached
All target achieved
snapshot
Trade closed: target reached

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