Mobile app version of munafa.org.in
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)

10 day averaged volume of Zomato is 57519097

Date Daily Closing Price Open High Low Volume
30 Thu Nov 2023 118.55 118.80 120.70 116.15 3.915 times
29 Wed Nov 2023 116.60 117.00 119.20 114.00 2.004 times
28 Tue Nov 2023 113.80 114.90 116.90 113.50 1.077 times
24 Fri Nov 2023 113.25 114.15 116.00 112.90 0.869 times
23 Thu Nov 2023 112.95 113.60 115.75 112.50 0.979 times
22 Wed Nov 2023 115.30 116.00 117.80 114.35 0.918 times
21 Tue Nov 2023 116.50 118.55 119.00 116.05 0.786 times
20 Mon Nov 2023 118.15 122.85 123.40 117.35 0.918 times
17 Fri Nov 2023 122.20 122.00 125.00 121.50 0.763 times
16 Thu Nov 2023 121.85 120.90 122.55 120.70 0.641 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 bearish for shortterm, and stock might move down till 114.2 or till 109. Use a stoploss of 118.59 and if the stock hits stoploss, then it can shoot up till 122.95

Share price targets for Zomato (ZOMATO)

Target Type Value
Downside Target 73.00
Downside Target 81.60
Downside Target 87.25
Downside Target 96.50
Downside Target 100.00
Downside Target 102.85
Downside Target 112.50
Downside Target 118.25
Upside Target 119.90
Upside Target 120.70
Upside Target 123.40
Upside Target 125.20
Upside Target 126.35

Intraday share price targets for Zomato (ZOMATO)

Target Type Value
Downside Intraday Target 114.47
Downside Intraday Target 110.38
Upside Intraday Target 121.67
Upside Intraday Target 124.78
Downside Intraday Target 117.58

Weekly technical analysis of Zomato (ZOMATO)

Date Weekly Closing Price Open High Low Volume
30 Thu Nov 2023 118.55 114.90 120.70 113.50 1.565 times
24 Fri Nov 2023 113.25 122.85 123.40 112.50 1.43 times
17 Fri Nov 2023 122.20 123.25 125.20 119.75 0.378 times
10 Fri Nov 2023 121.30 119.60 126.35 118.25 1.103 times
03 Fri Nov 2023 116.50 106.20 119.90 103.25 1.525 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Zomato (ZOMATO)

Date Monthly Closing Price Open High Low Volume
30 Thu Nov 2023 118.55 105.60 126.35 103.25 1.147 times
31 Tue Oct 2023 105.10 101.00 115.10 100.00 1.117 times
29 Fri Sep 2023 101.50 98.30 105.00 96.50 0.538 times
31 Thu Aug 2023 97.60 84.60 102.85 81.60 1.922 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Zomato in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls 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 negative zone. This is the SELL 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 117.06 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 has given negative 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL signal for Zomato in short term but the sell signal is initial and weak.

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. Bears are weakening, and bulls 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 negative zone. This is the SELL 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 117.06 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 has given negative 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