ZOMATO LTDPanjang
Zomato. Bullish Pattern. Cup and Handle. Target 218+. SL 191.
Telah dikemas kini
Technically, a very nice consolidation of 3 months. Breaking on the upside, and a very good close on 01/07/2024.
Buy here, around 200-205. Stop loss 191( below the low of the handle). And targets of 218 and beyond based on reward/risk ratio of 2:1.
Only for educational purposes
Buy here, around 200-205. Stop loss 191( below the low of the handle). And targets of 218 and beyond based on reward/risk ratio of 2:1.
Only for educational purposes
Nota
Update 10/07/2024: Price action is very positive. Consolidation above the breakout levels of 200-205. Bullish candle today. Any daily close above 214, the stop loss will be trailed to 198 and further small quantity can be added.Nota
Update 11/07/2024 14:23. Good breakout move on hourly time frame. Holding trade, with new trailing stop loss of 204.Nota
15/07/2024 11:33 am.Booked partial profits @ 227.5. Carrying the rest.
Nota
02/08/2024 9:45 am. Booking most of my profits. 80% of original trade size booked.
Nota
New Stop loss of 224.
Penafian
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