Zomato can fall till 267 Zomato can fall till 267 or 244 because it has broken trendline from Jun24 now yesterday retested it by making life time high and again it had broken it's channel pattern formed for retest.its just my view, I'm not recommending for sellShortby MVhunter3
52 Week High Breakout - Positional Trade - Long TermDisclaimer: I am not a Sebi registered adviser. This Idea is publish purely for educational purpose only before investing in any stocks please take advise from your financial adviser. 52 Week Breakout. Stock has Crossed 52 week High. Keep in watch list. Buy above the high. Suitable for Positional Trade. Stop loss & Target Shown on Chart. Stop loss Trail by 30 SMA. Exit if Price Close below 30 SMA on Weekly Chart. Be Discipline because discipline is the Key to Success in the STOCK Market. Trade What you see not what you Think.by AnsariTV8
Zomato looking good for upsideThere is a trendline breakout in zomato on daily frame. From here, we can expect targets of 264, 268, 281, 286 & 291. Stoploss for this investment would be around 240. Longby Parveen_VermaUpdated 18
Review and plan for 6th December 2024Nifty future and banknifty future analysis and intraday plan. Stock analysis included. This video is for information/education purpose only. you are 100% responsible for any actions you take by reading/viewing this post. please consult your financial advisor before taking any action. ----Vinaykumar hiremath, CMT Long16:44by vinaysh3
#ZOMATO to 330 next?The technical chart for Zomato Limited, shown on a 1-day timeframe, highlights a bullish trend as the stock attempts a breakout above the key resistance level of ₹306. This breakout could potentially lead to further upside, targeting the price zones between ₹312, ₹321, and ₹328, as indicated on the Fibonacci retracement. The stock currently trades at ₹299.35, up 4.58%, supported by strong trading volume of over 102.15 million shares. Key support levels are identified around ₹284, where a breakdown on a closing basis would invalidate the bullish outlook. The wider support range extends to ₹271 and ₹247, making these levels critical for risk management. Accompanying news suggests that the food delivery industry in India, including players like Zomato and Swiggy, is experiencing positive market sentiment. Analysts project steady growth, with Swiggy expecting to achieve positive core earnings by December 2025, driven by the booming quick commerce sector. These technical and fundamental factors indicate a favorable outlook for Zomato, provided the stock sustains above the breakout levels. Market participants should monitor price action closely around the ₹306 mark for confirmation of the breakout.Longby TheSnop3
ZOMATO CMP 287.Super Largecap and fast growing company with th high FII Holdings.Currently trading near 52 Week High zone and All time high zone.Above breakout 290 Levels We can see a sharp upmove and new all time high.Add to your wachlist an see how it perform in coming days.Longby SUMIT_DHIMAN_MZN_UPUpdated 2
Zomato Ltd view for Intraday 5th Dec #ZOMATO Zomato Ltd view for Intraday 5th Dec #ZOMATO Resistance 290. Watching above 291 for upside movement... Support area 280 Below 285 ignoring upside momentum for intraday Support 280 Watching below 279 for downside movement... Resistance area 290 Above 285 ignoring downside move for intraday Charts for Educational purposes only. Please follow strict stop loss and risk reward if you follow the level. Thanks, V Trade PointLongby vichithra0
Zomato break out possible As the Lines suggest breakout is easily possible if it gave a trend reversal. And I assume it must be a good breakout because the stock tried to break the resistance 3-4 times. And a good Support as well.Longby namannavle13228
Zomato for the week Zomato show good indication for buying side as we can see a clear up trand after braking all time high we can see up to 15% profit in the stock See retest for confirmation Longby azwala070
Zomato Ltd. - Head and Shoulders PatternA potential Head and Shoulders pattern is visible on the daily chart, signaling a possible trend reversal. Here's a detailed breakdown: Pattern Highlights: Left Shoulder: Formed in mid-August with resistance near ₹279.60. Head: A peak in September crossing ₹279.60 but failing to sustain. Right Shoulder: Currently forming, respecting the resistance zone at ₹279.60. Key Levels: Neckline Support: ₹238.99. A decisive close below this level could trigger a bearish breakdown. Resistance: ₹279.60, acting as a strong barrier for bullish momentum. Indicators: RSI (Relative Strength Index): Currently neutral but showing potential weakening momentum. Moving Averages: Price hovering near the 50-day EMA, with the 200-day SMA as a key support level. Potential Scenarios: Bearish Breakdown: A close below ₹238.99 may open doors to lower levels, with the first target around ₹220. Bullish Invalidity: A breakout above ₹279.60 could invalidate the pattern, leading to further upside momentum. Volume Insights: Noticeable volume reduction in the right shoulder formation, aligning with the classic characteristics of this pattern. by AngshumanSaikia7
ZOMATO LTD S/TSupport and Resistance Levels: Support Levels: These are price points (green line/shade) where a downward trend may be halted due to a concentration of buying interest. Imagine them as a safety net where buyers step in, preventing further decline. Resistance Levels: Conversely, resistance levels (red line/shade) are where upward trends might stall due to increased selling interest. They act like a ceiling where sellers come in to push prices down. Breakouts: Bullish Breakout: When the price moves above resistance, it often indicates strong buying interest and the potential for a continued uptrend. Traders may view this as a signal to buy or hold. Bearish Breakout: When the price falls below support, it can signal strong selling interest and the potential for a continued downtrend. Traders might see this as a cue to sell or avoid buying. 20 EMA (Exponential Moving Average): Above 20 EMA(50 EMA): If the stock price is above the 20 EMA, it suggests a potential uptrend or bullish momentum. Below 20 EMA: If the stock price is below the 20 EMA, it indicates a potential downtrend or bearish momentum. Trendline: A trendline is a straight line drawn on a chart to represent the general direction of a data point set. Uptrend Line: Drawn by connecting the lows in an upward trend. Indicates that the price is moving higher over time. Acts as a support level, where prices tend to bounce upward. Downtrend Line: Drawn by connecting the highs in a downward trend. Indicates that the price is moving lower over time. It acts as a resistance level, where prices tend to drop. RSI: RSI readings greater than the 70 level are overbought territory, and RSI readings lower than the 30 level are considered oversold territory. Combining RSI with Support and Resistance: Support Level: This is a price level where a stock tends to find buying interest, preventing it from falling further. If RSI is showing an oversold condition (below 30) and the price is near or at a strong support level, it could be a good buy signal. Resistance Level: This is a price level where a stock tends to find selling interest, preventing it from rising further. If RSI is showing an overbought condition (above 70) and the price is near or at a strong resistance level, it could be a signal to sell or short the asset. Disclaimer: I am not a SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. Consider the broader market context and consult with a qualified financial advisor before making investment decisions. by zenthosh0
ZOMATO 300 UPSIDE POSSIBLE IN TWO MOTH HOLD TIGHTLYZomato Limited is one of the leading online Food Service platforms in terms of the value of food sold. Its offerings include food delivery, dining-out services, Loyalty programs, and others. As of December 31, 2020, Zomato has established a strong footprint across 23 countries with 131,233 active food delivery restaurants, 161,637 active delivery partners, and an average monthly food order of 10.7 million customersLongby Darshan_Mehta0
Zomato - Swing Long SetupZomato has already broken the entry zone on the 15-minute chart , confirming the entry price at 271 . This setup is valid only for today. Here’s the trade plan: Entry Price: 271 Target: 320.2 Stop Loss: 240.40 (Stop loss will trigger only if a daily candle closes below this level) With the entry confirmed at 271 , I’m aiming for a potential move toward 320.2 . The stop loss is set at 240.40 , but will only be triggered if a daily candle closes below this level. Important: This setup is valid for today only. I'll reassess after today's close for further action. Disclaimer: This post is for educational purposes only and is not financial advice. Always manage your risk and trade responsibly.Longby gupshupblog17
Zomato is on the verge of a breakout! With the current price action targeting the 281-288 range and potential to push further towards 298, Zomato is shaping up to be one of the hottest stocks to watch! 🔥 But don't forget to manage your risks — the bull trend would be invalidated below 268, so keep a close eye on those levels. What's really exciting about Zomato’s growth isn’t just the food delivery game, though. The integration and rapid expansion of Blinkit is giving Zomato a huge boost! 🚀 Blinkit’s quick-commerce model is redefining convenience with ultra-fast deliveries. In a world where instant gratification is king, Blinkit’s impact on Zomato’s topline growth is undeniable. 📦💨 This partnership is enabling Zomato to expand its footprint, tapping into new markets and enhancing user experiences across both food and everyday essentials. With an explosive synergy between Zomato and Blinkit, this stock could be positioned to soar in the coming months. 🚀📊 Don’t miss out on the breakout—let’s see where this momentum takes us!Longby TheSnop6
Zomato Intraday Levels : 23-Sep-24 Stock closed near Resistance Zone wait for breakout or rejections at marked zone for entry. All expected entry zone Mentioned on Chart Bullish > 293 Bearish< 289 Use SL trailing method to secure peofitsby ChandraBose2002114
ATH breakoutGood volume build up in daily timeframe. ATH breakout with good volume buildup. Fundamental's are OK and improving. FII & DII stakes are up. NOTE: I do my analysis, do yours before trade.Longby GreyandWise114
Zomato Intraday Levels : 18-Sep-24Stock closed at support Zone. Rejection from zone and Trendline upside Breakout can expect upside momentum else breakout of support drag price for downside Bullish > 273 Bearish < 268by ChandraBose20025
Zomato chart analysisZomato chart analysis on daily time frame. It looks like that zomato is at resistance level and looking good to break resistance. Please share your feedback.Longby mystery_indian_Trader18
ZOMATO Hourly breakout looks solid for 280?Zomato Breakout Alert 🚀 Zomato has broken through a key resistance level at ₹245, signaling strong bullish momentum. 📈 Volume Spike: The breakout is accompanied by higher-than-average volume, indicating strong buyer interest. Next Resistance: The next major resistance to watch is around ₹261. Support Level: Immediate support lies near ₹252, which was the previous resistance. RSI: RSI is trending upwards but remains below overbought levels, suggesting further room for upside. This breakout could set the stage for a sustained upward move. Keep an eye on the volume and overall market sentiment for further confirmation. 🚨by TheSnopUpdated 1127
Zomato-4- Chart AnalysisZomoto; CMP:185.50; Zomato chart structure seems is very strong, it’s a good buy at the current market price (range of 188-190) for a time frame of 3 months. The script will give clear breakout single once crossed and settled over Rs. 201.50 on closing basis. The various swing targets for the script are- Target- 1- 212-215; Target-2- 226 -230; While the final Target on charts is seen at Rs 285-290 level . Script will face major resistance at 246.5 level before marching towards the final target. ✅If you resonate with this Ideas, pls Share, Like & boost idea and follow to never miss a new idea!✅ Longby DrPrashantVermaUpdated 6690
ZOMATO LTD S/RSupport and Resistance Levels: In technical analysis, support and resistance levels are significant price levels where buying or selling interest tends to be strong. They are identified based on previous price levels where the price has shown a tendency to reverse or find support. Support levels are represented by the green line and green shade, indicating areas where buying interest may emerge to prevent further price decline. Resistance levels are represented by the red line and red shade, indicating areas where selling pressure may arise to prevent further price increases. Traders often consider these levels as potential buying or selling opportunities. Breakouts: Breakouts occur when the price convincingly moves above a resistance level (red shade) or below a support level (green shade). A bullish breakout above resistance suggests the potential for further price increases, while a bearish breakout below support suggests the potential for further price declines. Traders pay attention to these breakout signals as they may indicate the start of a new trend or significant price movement. 20 EMA: The yellow line denotes 20 EMA, to interpret the 20 EMA, you need to compare it with the prevailing stock price. If the stock price is below the 20 EMA, it signals a possible downtrend. But if the stock price is above the 20 EMA, it signals a possible uptrend. Disclosure: I am not SEBI registered. The information provided here is for learning purposes only and should not be interpreted as financial advice. It is important to consult with a qualified financial advisor before making any investment decisions. Tweets neither advice nor endorsement.by zenthosh3
Take a look at zomato zomato showing some strenght RSI above 60 Use Fibonacci for target i am expecting 250 SL 190 This is not buy sell advise. Only for educational purpose Longby Santosh_TambeUpdated 14