Zomato Possible Downtrend Continuation To All Time Low

Actualizado
As seen on ZOMATO Weekly chart, Zomato can be expected to fall further and find new all time lows.
Nota
Zomato can be good investment in long term, so wait for it to fall further, before making a investment. My guess is that Zomato may find support around Rs.30. (Just a ten rupee below the previous low)
Operación activa
Good to see the rejection around 63-67 levels. expecting bearish trend to continue.
Nota
Zomaland created a spike in previous week, let's see how it closes this week.
Operación cerrada: objetivo alcanzado
Zomato still might go further down and test the bottom, but current level is good enough to start accumulating the stock for long term investment.
Support and ResistanceTrend AnalysisTrend Lineszomato

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