Long
Zomato is forming a j-hook weekly

Looks like zomato is trying to form a j-hook pattern on weekly chart, I'm expecting a first target of 66 and next 89 lets see what happens
Note
5% positive nowNote
another 4% move todayNote
achieved first target today, lets see next target is possibleTrade closed: target reached
second target looks challenging so closing this tradeNote
Achieved second target 73 todayTrade closed: target reached
Note
look like moving towards 95Note
9% this week and looks like a breakout on weeklyNote
breakout on weeklyNote
looks like taking supportNote
rocking moveNote
12.7% this weekNote
looks like moving towards 95Note
81 and 78 will be next supportsNote
95 achieved!!!Note
next resistances 115 and 140, lets see what happensNote
10% this weekNote
currently facing resistance if gaps above 97.5 there will be more on upside else we can see some consolidationNote
looks like it is going really strongNote
looks like will take support near 89Note
if 89 break 85 is the next supportNote
next target 108Note
breakout and stays above breakout, looks strongNote
5 more to the next targetNote
if 116 where it opens break more chances to test 140 if that break 160 possibleNote
couldn't able to break 116Note
116 broken moving towards 140Note
looks like taking support, also formed a buy candle on weeklyNote
moving towards 140 it seemsTrade closed: target reached
140 achieved!Note
achieved 160!Disclaimer
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.