HI there TV what every i share is not a finical advice my objective here is to educate you i don't take responsibility for your loss you are a rational adult do your own research before doing anything
we have been tracking zomato for a while, it peak our interest now
we have been waiting for it to fill the gap, it finally fill it now
now what we are expecting a decent bounce here these are resistance which only care about
if bulls, able to defend 40.70 then it will have a Swing pattern failure and target will be from 75 to 127 give or take few bucks
now come the bad news zomato is in bearish trend lower low, lower high but if bears fail this time bears fail to break to new lows then we will have a bounce and if reject from 98-88 range then downside potential is huge it can crash to 16 easy that is our bearish view on this