Will this be the final low for zomato after which it goes to complete the triangle formation?
The breakout may happen between 24 Jan 23 -23 Feb 23 ... In previous 2 occassions, when the price closed below the bollinger band it went upwards to touch the resistance level of upper band... (this pattern can become an INHS or a VCP, all subject to interpretation)
Target of 112 to be achieved by 25 May 23
Stoploss 53.20
The breakout may happen between 24 Jan 23 -23 Feb 23 ... In previous 2 occassions, when the price closed below the bollinger band it went upwards to touch the resistance level of upper band... (this pattern can become an INHS or a VCP, all subject to interpretation)
Target of 112 to be achieved by 25 May 23
Stoploss 53.20