ZOMATO -- DAILY CHART --Near lower channel breakout .
1. ZOMATO seen near lower channel breakout at last daily closing candle .
2. After correction from 72-75 level stock fall towards 44 level and pullback seen from this level .
3. Last closing candle is heikin ashi DOJI CANDLE . near channel breakout level .
4. ENTRY above doji candle for confirmation 15 min Closing candle above 54 , positional target 58-62-66 ( 1-2 month)
Stop Loss bellow support at 45
5. Posotive crossover seen RSI , ema at pullback level. and moving upword direction.
6. Stock currently trading above 21, 44 HMA.
THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk.!!
HAPPY TRADING, !!
1. ZOMATO seen near lower channel breakout at last daily closing candle .
2. After correction from 72-75 level stock fall towards 44 level and pullback seen from this level .
3. Last closing candle is heikin ashi DOJI CANDLE . near channel breakout level .
4. ENTRY above doji candle for confirmation 15 min Closing candle above 54 , positional target 58-62-66 ( 1-2 month)
Stop Loss bellow support at 45
5. Posotive crossover seen RSI , ema at pullback level. and moving upword direction.
6. Stock currently trading above 21, 44 HMA.
THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk.!!
HAPPY TRADING, !!