Zomato - CashBuy zomato at CMP and average on dip for target of 93-93.75 with a stoploss at 78.80Longby dhruvesh71335
Zomato Weekly nalaysis Loosk Bigiies has bought zomato last weZomato Weekly nalaysis Loosk Bigiies has bought zomato last week Buy CMP 55 target 78- 90- 100- 140- 180- 220-260+ time duration 2-3 years add more if get @ 40 rs range SL below 25 candle closing basis Longby Bilal_KaziUpdated 444
ZOMATO - Ichimoku Breakout Stock Name - Zomato Ltd Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 85 #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, share & subscribe for daily analysis. Longby nikunjbhadja220
ZOMATO DUAL BOTTOM ON HIGHER FRAME The counter formed a dual bottom on month frame the dual bottom in major food delivery giant suggest bad days a thing of the past lets see what's in store Longby pratik23581
Zomato double bottom pattern Zomato: Currently at 74.90. But making a pattern double bottom with bottom of 44-46 rs. And resistance of pattern is 74-72rs. The resistance is already broken with a above average volume . Also the resistance has low selling volume but the support( both the bottoms) has extraordinary buying volume so the pattern is being made from very early. Now if it makes good green candles and crosses the 78rs level then the first target to 85.10rs . And with trailing stop loss the 2nd main target may be 100rs. 1st target is 8% with a risk reward ratio of 1:2. 2nd target is 20%.Longby ugrokzz0
ZOMATO !!!AFTER seeing a good bullish break in ZOMATO price gives a good rally now price is correcting second time after giving a good impulsive move, in upcoimg days bullish entry can be seen <3 Longby tradingdesk37780
ZOMATO BREAKOUTzomato released a breakout.Looking for price to reach 100 and more upside, as we did broke the weekly resistance zone.Longby indaytrading16
Nice to see ADX and OBV rising in ZOMATOOBV is rising and showing uptrend trend in the price also ADX is DMI + are rising may be a good opportunity for entryLongby shyApricot17578Updated 115
Zomato Ltd. - Will it deliver...?Can look at Zomato if it closes above 57 with a strong price action for a short/medium term perspective. Good support zone at around level of 50. However, need to be cautious below this price. Can see upward price gains to 65-70 if it gathers momentum. Further action basis price action. Strong resistance between 75 - 88. Note: Personal analysis, not a buy/sell recommendation. Do consult your advisorLongby TheUnlearningOneUpdated 7
Zomato LtdZomato Ltd. Is it a time for new edge companies? ABOUT Incorporated in 2010, Zomato 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 customers. KEY POINTS Leading Foodservice platform Zomato Ltd. is one of the leading Food Services platforms in India in terms of the value of food sold. During FY21, 32.1 million average Monthly Active Users visited its platform in India. As of March 31, 2021, Zomato had 389,932 Active Restaurant Listings. Its mobile application is the most downloaded food and drinks application in India in each of the last three fiscal years on iOS App Store and Google Play combined. App gets ~90 billion monthly visits as of FY23 In India, ~248 cities are at contribution break even and as of FY22, Zomato is active in 1000+ cities with 500+ cities added in FY22. Business segments Broadly, Zomato operates in three business segments; 1) Food delivery, 2) Dining out, 3) Hyper pure. 1) Food Delivery There are three key stakeholders in Zomato’s food delivery business – (i) Customers, (ii) Delivery Partners, and (iii) Restaurants. Over the last few years, Zomato has experienced rapid growth in food delivery in India with its orders increasing by 13.2x from 30.6 mn in FY18 to 403.1 mn in FY20, while its Gross Order Value (GOV) grew 8.4x from INR 13,341.4 mn in FY18 to INR 112,209 mn in FY20. As of FY22, Zomato delivered orders worth Rs213Bn across 535.2 million orders, bringing the avg order value to ~Rs398, GOV was Rs213. **As of Q2FY23, Avg monthly transaction was 17.5Mn, Avg monthly active food delivery restaurant partners 2,07,000 and active delivery partners were 3,41,000 2) Dining Out - Customers use Zomato’s dining-out offerings to search and discover restaurants, read and write customer-generated reviews and view and upload photos, book a table and make payments while dining out at restaurants. Zomato currently monetizes its dining-out offering through advertisement sales products through which restaurant partners pay the company for enhanced visibility on its platform. In FY20, 8,064 restaurant partners paid for Zomato’s advertising sales product in India. Revenue decreased 15% YoY in FY22, primarily on account of shut down of most of its international operations and they decided to focus only on the India business 3) Hyper pure Hyper pure is Zomato’s farm-to-fork supplies offering for restaurants in India. Zomato sources fresh, hygienic, quality ingredients and supplies directly from farmers, mills, producers, and processors to supply to its restaurant partners, helping them make their supply chains more effective. As of Q2FY23, 40,000 unique restaurants billed High Profile Exits As of 2nd Jan 2023, Gunjan Patidar, Co-founder and Chief Technology Officer resigned As of 18th Nov 2022, Mohit Gupta, Co-founder at the Company resigned As of 14th Nov 2022, Rahul Ganjoo, Head of New Initiatives resigned As of 31st Aug 2022, Nitin Savara, Deputy CFO of the Company resigned FUNDAMENTALS Sector: E-Commerce/App based Aggregator Industry: Miscellaneous 1. Market Cap - ₹ 63,915 Cr. 2. Stock P/E - 3. Price to book value - 3.27 4. Debt to equity - 0.03 5. Free Cash Flow - ₹ -750 Cr. DISCLAIMER - All analyses are for educational purposes. it is not trading or investment advice. #education #markets #equities #stockmarket #technicalanalysis #stocks #investment #trading #india #finance #fundamentalanalysis #nse #bse #supertrend #education #investing #investments #financialmarkets #learningeveryday #learning #zomato #newedgeby mayur16302
ZOMATO Triangle PatternZomato has formed a Triangle pattern on 1D timeframe. Volumes are also rising. Enter after bullish confirmation.Longby Khwaish3
zomatoNSE:ZOMATO Date : 21/04/2023 Chart Pattern : Descending Triangle Breakout. Time Frame : Daily Chart CMP : 56 Targets : 72 (3 Months) Stop Loss Level : Closing Below 53. Disclaimer. I am not sebi registered analyst. Charts and levels are posted for Educational Purpose only it's not Recommendation. Please Consult your financial advisor before trading or investing. I am not responsible for any kinds of your profits and your losses.Longby vkj123Updated 113
#ZOMATO... looking good above level#ZOMATO... ✅▶️ Intraday as well as swing trade All levels given in charts ... IF good potential seen then we work in options also if activate then possible a huge movement Keep eye on this ... We take trade only when it activates... Possible to give good target TRADING FACTSLongby trading_facts96Updated 116
ZOMATO ....TARGET 59.5...ZOMATO range breakout consolidation in a range target 59.50....sl 54.5....range breakout Longby bhandariarjun799Updated 3
ZOMATO - 65% RETURNS!!!BUY - ZOMATO CMP - Rs. 56 Target - 1: Rs. 74 Target - 2: Rs. 92 . . Technicals - Ascending Triangle BO . This is just a view by an expert analyst, please invest at your own risk. . Follow me for more!Longby nilakshgupta2
Bullish Breakout In ZomatoThis 1-hour chart of Zomato shows a symmetrical triangle, which favors the bullish side. In my opinion the price will be constrained in the triangle for some time to come. The better it takes time to complete the triangle, the better will be the breakout. Once it breaks out from this pattern it could go up to 59.35 or 7.11% of up move, but before reaching that level small jitter in the prices can be seen (see the white line) this is the area where a small correction in the price can be observed.Longby devdhodiUpdated 111
Zomato - Broken the falling trend & in between the rangeHi I am late to read this chart, it is evident that Zomato has broken the falling trend few days back, retested the same and now looking to reach ~60 or so. I have just purchased this on the current market Price. Will probably look closely if this is a fakeout. Also, the fib range from Jan 2023 are also giving an indication that the stock is not going below the Jan mid range, so this can also be a base test.Longby Akshay_bansal1
Cup & Handle- Double bottom after a downtrend - Cup & Handle at 2nd bottom with volatility contraction during handle formation - RSI Divergence Tip : - Wait for a strong BOby ChartShala664
Harmonics - Bullish Butterfly for ZomatoA bearish butterfly indicates a rise in Zomato stock price in near term.by DocDJ3
ZOMATO THE DARK HORSE.. Gaining MomentumZOMATO on 1Week TF has made a beautiful morning star candlestick pattern, which is known for start of a new Uptrend in any stock. The stock is currently 42.53% away from 52 week high and 217% away from it's All Time High of ₹169 The stock has been saved from ₹45 zone twice and has made double bottom.. Recent Daily Volumes looking convincing as Volume is supporting Price i.e. Price and Volumes both are increasing simultaneously. Entry can be taken on CMP of ₹53 and SL of ₹46 Targets will be ₹62 - ₹76 - ₹90 and ₹128 Disclaimer : I am not a SEBI registered Analyst so please do your own Analysis before taking any action. The above view is shared just for educational purpose. By no means shall be responsible for any losses amounting out of it incase if any trades on it. It is just a view, please trade at your own risk.Longby bullseyetrading_lko6
ZOMATO --at Lower Channel Breakout ZOMATO -- DAILY CHART --Near lower channel breakout . 1. ZOMATO seen near lower channel breakout at last daily closing candle . 2. After correction from 72-75 level stock fall towards 44 level and pullback seen from this level . 3. Last closing candle is heikin ashi DOJI CANDLE . near channel breakout level . 4. ENTRY above doji candle for confirmation 15 min Closing candle above 54 , positional target 58-62-66 ( 1-2 month) Stop Loss bellow support at 45 5. Posotive crossover seen RSI , ema at pullback level. and moving upword direction. 6. Stock currently trading above 21, 44 HMA. THIS IDEA IS FOR EDUCATIONAL PURPOSE ** trade at own risk.!! HAPPY TRADING, !! Longby champtrade11113
ZOMATO FORMING FALLING WEDGE PATTERNZomato 1D Chart Forming Falling Wedge Pattern . buying zone -> 42-45 selling target -> 65-67 Tenure --> 2-2.5 months NSE:ZOMATO Longby Disruptive_Me334
ZOMATO BUY SHORT TERM.Buy Zomato @ 47. Target - 50/53.5/60 (Short Term View-1-2 Weeks). These comments are only for educational purpose....please consult a Financial Advisor before Investing. Longby harshsolanki13454