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Positional Trade | ZOMATO

ZOMATO LTD (NSE:ZOMATO)  
Trading_hawk  
NSE:ZOMATO   ZOMATO LTD
Trend Analysis positional zomato zomatoipo zomatolong zomatoshort positiontrade positionallong stocktowatch stocktobuy
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trendanalysis positional zomato zomatoipo zomatolong zomatoshort positiontrade positionallong stocktowatch stocktobuy
ZOMATO

On daily Time frame it has made double bottom pattern and yesterday it gave breakout of neck line which is placed near 140 level.

Please refer below chart : Daily time frame.
snapshot

Any dip above 140 level will be buying opportunity.
Short term target will be 153.50/155 level.
SL will be 137.

Please refer below chart : Daily time frame, for trade levels.
snapshot

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