head and shoulders , too early to tellIt is on the way to form H&S on 1 day , it will be the third time to test 240-250 support area,
my target is 210
Next report date
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Report period
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EPS estimate
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Revenue estimate
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0.85 INR
3.51 B INR
121.14 B INR
6.97 B
About ZOMATO LTD
Sector
Industry
CEO
Deepinder Goyal
Website
Headquarters
Gurugram
Founded
2008
ISIN
INE758T01015
FIGI
BBG011Q4H8K1
Zomato Ltd. engages in the operation of an internet portal, which helps in connecting the users, restaurant partners and third-party merchants, and the delivery partners. It operates through the following segments: India Food Ordering and Delivery, Hyperpure Supplies, Quick Commerce Business, Going-Out, and All Other. The India Food Ordering and Delivery segment manages online platform through which the Group facilitate food ordering and delivery of the food items by connecting the end users, restaurant partners, and independent delivery partner. The Hyperpure Supplies segment refers to farm-to-fork supplies offering for restaurants in India and sale of items to businesses for onward sales. The Quick Commerce Business segment consists of an online marketplace platform, which enables listing of items sold on the marketplace by the sellers. The Going-Out segment is a combination of dining-out and live business verticals; customers and end users use the dining-out offering to search and discover restaurants, reserve tables, avail offers, and make payments while dining-out at restaurants. The company was founded by Pankaj Chaddah, Gunjan Patidar, Mohit Gupta, Deepinder Goyal, and Gaurav Gupta in 2008 and is headquartered in Gurgaon, India.
ZOMATO A CHANNEL CONSOLIDATION WILL IT BREAKOUT OR FIZZLE OUT ?Zomato Ltd. is an interesting chart in momentum with following
1. RSI on all time frames (D/W/M) above 60
2. Narrowing Bollinger Bands on daily chart with price walking near Upper Band
3. Four months long consolidation in range of 240 to 295 zone
4. ABCD pattern under formation on weekly char
#ZOMATO LOOKING BEARISH#ZOMATO LOOKING BEARISH
Below 294 party must.
Note :: This will not any buy or sell signal for you.
Zomato Ltd. - Breakout OpportunityDate : 26-Nov-2024
LTP : Rs. 280.10
Targets: (T1) Rs. 298 --> (T2) Rs. 334
SL : Rs. 261
Technical View:
• NSE:ZOMATO is in strong primary uptrend and was recently going through it's secondary downtrend within primary uptrend.
• After touching the high of 298 on 24-Sep-2024, it has retraced
Zomato reversing from support with a Bullish Engulfing!✅At support and reversing with bullish engulfing.
✅Strong candle.
✅Stock tends to respect 50 DMA and ride on 50
DMA.
❗️Trading below 50 DMA.
❗️Overall market structure needs to improve further
and more confirmation is required. The risk of a
potential downtrend still exists.
Zomato Stock AnalysisZomato Stock Analysis
Current Price: As of December 10, 2024, Zomato's share price was ₹297.30.
Analyst Recommendations:
Nomura: Increased target price to ₹320; maintains 'Buy' rating.
CLSA: Raised target to ₹370; maintains 'Outperform' rating.
Morgan Stanley: Target price set at ₹355; maintai
Zomto -4-Strong Chart-AccumulateZomato CMP:194.40; RSI: 55;
Zomato chart structure seems to be very strong, it’s a good buy at the current market price (range of 188-195) 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 target
Zomato : Head n Shoulder Bearish pattern emergingHead n Shoulder Bearish pattern emerging in Zomato. If price breaks down below 240 then go short with Stoploss of 265 with tgt of 190-185.
Put Stoploss on closing basis.
(In Trading Time it may go above/below stoploss But closing price is most important).
These are levels are generated on the basi
E-Commerce Sector Reversal2.92Y ATH breakout. Few weeks tight consolidation by taking 38.2% Fib level support. E-Commerce stocks looking great to increase allocation. Custom index atleast have 10-12% potential
Zomato Ltd (NSE: ZOMA Technical Analysis and Potential Trad
Zomato is showing a breakout from a descending channel on the daily chart, signaling a potential bullish trend reversal. The stock has risen above the resistance level, with strong buying momentum indicated by recent volume spikes.
Key Observations:
Fibonacci Levels: The price has surpassed the 0
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Frequently Asked Questions
The current price of ZOMATO is 292.35 INR — it has increased by 0.82% in the past 24 hours. Watch ZOMATO LIMITED stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on BSE exchange ZOMATO LIMITED stocks are traded under the ticker ZOMATO.
ZOMATO stock has risen by 2.12% compared to the previous week, the month change is a 13.15% rise, over the last year ZOMATO LIMITED has showed a 150.09% increase.
We've gathered analysts' opinions on ZOMATO LIMITED future price: according to them, ZOMATO price has a max estimate of 370.00 INR and a min estimate of 130.00 INR. Watch ZOMATO chart and read a more detailed ZOMATO LIMITED stock forecast: see what analysts think of ZOMATO LIMITED and suggest that you do with its stocks.
ZOMATO reached its all-time high on Sep 24, 2024 with the price of 298.20 INR, and its all-time low was 40.55 INR and was reached on Jul 27, 2022. View more price dynamics on ZOMATO chart.
See other stocks reaching their highest and lowest prices.
See other stocks reaching their highest and lowest prices.
ZOMATO stock is 0.58% volatile and has beta coefficient of 0.20. Track ZOMATO LIMITED stock price on the chart and check out the list of the most volatile stocks — is ZOMATO LIMITED there?
Today ZOMATO LIMITED has the market capitalization of 2.86 T, it has increased by 17.14% over the last week.
Yes, you can track ZOMATO LIMITED financials in yearly and quarterly reports right on TradingView.
ZOMATO LIMITED is going to release the next earnings report on Feb 6, 2025. Keep track of upcoming events with our Earnings Calendar.
ZOMATO earnings for the last quarter are 0.20 INR per share, whereas the estimation was 0.31 INR resulting in a −36.15% surprise. The estimated earnings for the next quarter are 0.25 INR per share. See more details about ZOMATO LIMITED earnings.
ZOMATO LIMITED revenue for the last quarter amounts to 47.99 B INR, despite the estimated figure of 47.61 B INR. In the next quarter, revenue is expected to reach 53.70 B INR.
ZOMATO net income for the last quarter is 1.76 B INR, while the quarter before that showed 2.53 B INR of net income which accounts for −30.43% change. Track more ZOMATO LIMITED financial stats to get the full picture.
No, ZOMATO doesn't pay any dividends to its shareholders. But don't worry, we've prepared a list of high-dividend stocks for you.
As of Dec 12, 2024, the company has 4.76 K employees. See our rating of the largest employees — is ZOMATO LIMITED on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. ZOMATO LIMITED EBITDA is 5.40 B INR, and current EBITDA margin is 0.35%. See more stats in ZOMATO LIMITED financial statements.
Like other stocks, ZOMATO shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade ZOMATO LIMITED stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So ZOMATO LIMITED technincal analysis shows the buy rating today, and its 1 week rating is buy. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating ZOMATO LIMITED stock shows the buy signal. See more of ZOMATO LIMITED technicals for a more comprehensive analysis.
If you're still not sure, try looking for inspiration in our curated watchlists.
If you're still not sure, try looking for inspiration in our curated watchlists.