Mobile app version of munafa.org
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(ZOMATO) Zomato complete technical analysis [charts+indicators] | Buy/Sell Zomato | (ZOMATO) share price targets

Complete technical analysis of Zomato (ZOMATO) by charts plus indicators, forecast predictions and share price targets for Zomato (ZOMATO)

Showing technical analysis as on 2024-04-09 View latest technical analysis

10 day averaged volume of Zomato is 39196740

Date Daily Closing Price Open High Low Volume
09 Tue Apr 2024 193.70 192.55 195.50 188.75 0.786 times
08 Mon Apr 2024 191.80 191.60 194.00 190.55 0.589 times
05 Fri Apr 2024 190.50 188.25 191.80 187.25 0.899 times
04 Thu Apr 2024 187.00 180.50 188.15 180.25 1.346 times
03 Wed Apr 2024 178.30 181.95 182.00 177.85 0.619 times
02 Tue Apr 2024 183.10 185.00 185.00 180.75 0.927 times
01 Mon Apr 2024 184.50 183.90 188.20 182.75 0.53 times
28 Thu Mar 2024 182.10 179.80 184.70 176.00 1.086 times
27 Wed Mar 2024 179.45 183.60 189.00 177.20 1.289 times
26 Tue Mar 2024 182.60 173.40 183.65 172.20 1.648 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 186.8, but if it comes below 186.8, then a intra day sell could be more profitable.
If you take a sell trade below 186.8, then use 186.8 as stoploss and 172.6 as target. However if you take a buy trade in stock , then use 186.8 as stoploss and 203.8 as target.

Share price targets for Zomato (ZOMATO)

Target Type Value
Downside Target 114.15
Downside Target 121.60
Downside Target 131.75
Downside Target 138.05
Downside Target 142.00
Downside Target 156.50
Downside Target 163.20
Downside Target 168.85
Downside Target 188.75
Downside Target 189.00
Downside Target 191.80
Upside Target 195.50

Intraday share price targets for Zomato (ZOMATO)

Target Type Value
Downside Intraday Target 189.8
Downside Intraday Target 185.9
Upside Intraday Target 196.55
Upside Intraday Target 199.4
Downside Intraday Target 192.65

Weekly technical analysis of Zomato (ZOMATO)

Date Weekly Closing Price Open High Low Volume
09 Tue Apr 2024 193.70 191.60 195.50 188.75 0.318 times
05 Fri Apr 2024 190.50 183.90 191.80 177.85 1.074 times
28 Thu Mar 2024 182.10 173.40 189.00 172.20 0.831 times
22 Fri Mar 2024 174.20 162.50 174.90 156.50 0.686 times
15 Fri Mar 2024 160.05 161.00 163.20 144.30 1.233 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Zomato (ZOMATO)

Date Monthly Closing Price Open High Low Volume
09 Tue Apr 2024 193.70 183.90 195.50 177.85 0.25 times
28 Thu Mar 2024 182.10 168.00 189.00 144.30 0.496 times
29 Thu Feb 2024 165.45 141.00 168.85 138.05 1.489 times
31 Wed Jan 2024 139.55 124.45 142.00 121.60 1.18 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Zomato (ZOMATO)

Price action analysis of Zomato ( (ZOMATO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Zomato ( (ZOMATO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Zomato ( (ZOMATO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Zomato ( (ZOMATO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Zomato stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Zomato in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Zomato Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Zomato in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Zomato is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 184.8 and Zomato (ZOMATO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Zomato (ZOMATO) stock. Volume based technical analysis of Zomato (ZOMATO) stock is negative.

Zomato Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Zomato ( (ZOMATO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Zomato ( (ZOMATO) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Zomato ( (ZOMATO) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Zomato ( (ZOMATO) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Zomato stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Zomato in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Zomato Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Zomato in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Zomato is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 184.8 and Zomato (ZOMATO) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

People seem to be coming out and selling the Zomato (ZOMATO) stock. Volume based technical analysis of Zomato (ZOMATO) stock is negative.

Zomato Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Click here for Zomato charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme