#Zomato (W)
1. Accumulation Stage (Stage 1)
• Characteristics: The price consolidates in a tight range after a prolonged downtrend, indicating institutional buying.

2. Uptrend Stage (Stage 2)
• Characteristics: The stock breaks out of the accumulation range, supported by strong volume, entering a sustained uptrend.
• Observed in the chart: A clear breakout leads to an uptrend with higher highs and higher lows. Volume often confirms the strength of the rally.

3. Distribution Stage (Stage 3)
• Characteristics: After a strong uptrend, the price starts moving sideways as sellers take control. This stage often precedes a downtrend.
• Observed in the chart: Zomato enters a range, forming a distribution pattern with diminishing upward momentum. Volume increases during selling phases.

4. Downtrend Stage (Stage 4)
• Characteristics: The stock breaks below the distribution range, starting a new downtrend.
• Observed in the chart: The price breaks key support with heavy selling volume, signaling the onset of Stage 4.
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#Zomato