Zomato: Waiting for a bad news!!!!!!!!!!!!!!!!!!

Please see my previous studies related to Zomato:

In Daily Time frame i have some observations that are :
1. Price Took Resistance at Double Top Neckline and then a follow up also came and closed below previous low
2. A Long Term Trend Line (joining Nov,21 & May 24): Price has broken down this trend line with good volumes
3. If we Look at 16 Jan High and 4 Feb High we can see A bearish RD has been developed if we compare Price is masking Lower High and Stochastic, MACD & RSI is making Higher High, in These situations Price Generally makes a New Low, Hence we can say We can see levels below 205 in coming Days
4. When to Book Profit :
My First Target is Conservative that is previous swing bounce i.e 205 (Book 25%)
My Second Target is 185 i.e Double Bottom Target 3 (Width of "M") (Book 50%)
5. My view may be seen very harsh, but levels of 150 are also possible if Wave C completes 2.62 times if wave A

I think Zomato will be witnessing a BAD news in upcoming Days, if this happens then that day will be my last day for Zomato as a bear.