Trade Idea: With the current price at 116.50 Rs, if the Zomato stock manages to breach the immediate resistance levels(115 Rs), the next target is set at 125 Rs. This milestone could potentially be achieved within a span of 8-10 days. Following this accomplishment, the price might briefly touch around 135 Rs in approximately 2-3 week.
Note: Implement a well-defined stop-loss strategy to manage risk effectively.
1st Target --> 125 Rs
2nd Target --> 135 Rs
3rd Target --> in next post
Thanks,
Kambi