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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 2024-12-04 View latest technical analysis

10 day averaged volume of Zomato is 55016380

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	286.25	283.00	288.00	283.00	0.827 times
03 Tue Dec 2024	279.85	279.70	282.35	279.00	0.547 times
02 Mon Dec 2024	282.50	281.90	285.70	280.45	0.639 times
29 Fri Nov 2024	279.76	285.00	287.49	273.62	1.335 times
28 Thu Nov 2024	286.13	285.60	288.25	281.43	0.901 times
27 Wed Nov 2024	284.72	281.00	289.70	278.76	1.211 times
26 Tue Nov 2024	280.11	273.80	281.14	272.61	0.879 times
25 Mon Nov 2024	273.31	273.25	284.34	271.17	2.173 times
22 Fri Nov 2024	264.20	266.80	268.99	262.55	0.484 times
21 Thu Nov 2024	266.81	273.70	275.49	262.11	1.05 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 281.5, but if it comes below 281.5, then a intra day sell could be more profitable.
If you take a sell trade below 281.5, then use 281.5 as stoploss and 268.71 as target. However if you take a buy trade in stock , then use 281.5 as stoploss and 296.8 as target.

Share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Target	228.00
Downside Target	239.45
Downside Target	262.11
Downside Target	271.00
Downside Target	279.00
Downside Target	280.90
Upside Target	288.00
Upside Target	289.70
Upside Target	290.00
Upside Target	298.25

Intraday share price targets for Zomato (ZOMATO)

Target Type	Value
Downside Intraday Target	280.83
Downside Intraday Target	275.42
Upside Intraday Target	289.83
Upside Intraday Target	293.42
Downside Intraday Target	284.42

Weekly technical analysis of Zomato (ZOMATO)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Dec 2024	286.25	281.90	288.00	279.00	0.31 times
29 Fri Nov 2024	279.76	273.25	289.70	271.17	1.91 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

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
04 Wed Dec 2024	286.25	281.90	288.00	279.00	0.105 times
29 Fri Nov 2024	279.76	244.40	289.70	239.45	0.883 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

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 and the buying is gaining 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 278.18 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.