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(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 2024-11-25 View latest technical analysis

10 day averaged volume of Zomato is 53419925

Date	Daily Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	273.31	273.25	284.34	271.17	2.237 times
22 Fri Nov 2024	264.20	266.80	268.99	262.55	0.498 times
21 Thu Nov 2024	266.81	273.70	275.49	262.11	1.081 times
19 Tue Nov 2024	271.36	271.94	272.70	267.66	0.805 times
18 Mon Nov 2024	270.79	274.30	274.40	269.36	1.119 times
14 Thu Nov 2024	269.66	261.50	271.00	260.70	1.591 times
13 Wed Nov 2024	258.40	258.08	263.43	254.53	1.151 times
12 Tue Nov 2024	260.99	259.95	264.90	255.30	0.954 times
11 Mon Nov 2024	258.62	244.75	259.50	244.00	0.823 times
08 Fri Nov 2024	248.73	256.20	258.12	245.90	0.911 times

Stock of Zomato (ZOMATO) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 266.6, but if it comes below 266.6, then a intra day sell could be more profitable.
If you take a sell trade below 266.6, then use 266.6 as stoploss and 256.88 as target. However if you take a buy trade in stock , then use 266.6 as stoploss and 278.2 as target.

Share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Target	194.56
Downside Target	228.00
Downside Target	239.45
Downside Target	259.25
Downside Target	271.00
Downside Target	271.17
Upside Target	275.49
Upside Target	280.90
Upside Target	284.34
Upside Target	290.00
Upside Target	298.25

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	268.21
Downside Intraday Target	263.1
Upside Intraday Target	281.38
Upside Intraday Target	289.44
Upside Intraday Target	276.27

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Mon Nov 2024	273.31	273.25	284.34	271.17	0.639 times
22 Fri Nov 2024	264.20	274.30	275.49	262.11	0.775 times
14 Thu Nov 2024	269.66	244.75	271.00	244.00	0.933 times
08 Fri Nov 2024	248.73	242.93	262.45	239.45	1.527 times
01 Fri Nov 2024	248.99	252.00	259.25	240.40	0.379 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
25 Mon Nov 2024	273.31	244.40	284.34	239.45	0.684 times
31 Thu Oct 2024	241.75	272.55	290.00	240.40	0.904 times
30 Mon Sep 2024	273.30	252.00	298.25	240.40	0.749 times
30 Fri Aug 2024	250.53	231.00	280.90	228.00	2.007 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 265.69 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 negative.

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