ZOMATO @ 239 UPDATE
Looks like stock has completed the first BULL CYCLE ever from the low of 41 till high of 298 and gave us new wave-1 at 298. And from high of 298 stock is in middle of wave-2.
Within this wave-2 it seems wave A of 2 done 298 to 238.
From 238 low till high of 308 wave B of 2 done as expanded flat.
And from high of 308 now stock is in middle of wave C of 2 which can fall downside minimum till 199 and maximum 169 to 139 spot levels.
So those holding this stock STAY CAUTIOUS for time being and don't Rush to add the stock for next couple of days and wait for proper confirmation to enter in the stock.
