Overall Technical outlook

Price Summary

On 2025-06-09, ZOMATO's stock began at 261.9, peaked at 262.98, dipped to 255.35, and closed up -1.93% at 256.84, with a volume of 33660854 shares.
The stock's highest price in the past 52 weeks is 296.8, while its lowest price during the same period is 201.43.

Technicals

Support and Resistance: The price is currently at 256.84, supported by 245.76 and resisted by 288.25. This indicates a range where 245.76 may provide a base for the price, while 288.25 serves as a cap on further upward movement for ZOMATO.
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Support/Resistance for ZOMATO


Aroon: The AROON is in a neutral stance, not pointing to a clear trend in either direction. This suggests that the market may be lacking strong momentum, making it difficult to predict the next move.
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Aroon chart for Eternal Limited


Bol. Bands: The price dipping under the upper Bollinger Band could signal an upcoming decline. This technical indicator suggests that the asset is overbought and may be poised for a correction. Traders might interpret this as a potential reversal, where the bullish momentum is slowing down, making it a key moment for evaluating trading strategies.
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Bolinger Bands chart for Eternal Limited


Parabolic SAR: The PSAR maintains a bullish outlook, reinforcing a support level that could help uphold the market's upward trend. This suggests that the market is likely to continue climbing, with the support providing a solid base for further gains.
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Parabolic Stop and Reverse chart for Eternal Limited


Stochastic: The stochastic indicator is in a bullish mode, with the K-line crossing above the D-line and the 80 level for ZOMATO. This alignment suggests strong upward momentum, indicating that the market may continue to trend higher. Investors could interpret this as a positive sign of sustained market growth.
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Stochastic chart for Eternal Limited


Tripple Moving Agerage: The 20, 50, and 100 moving averages are aligned in a bearish formation, suggesting a downtrend. However, the slopes of the 20 and 50 SMAs are beginning to waver, indicating that the bearish momentum may be losing strength. This weakening could signal a potential shift towards bullish price action, as the market's current downward trajectory shows signs of faltering and a possible reversal may be near for ZOMATO.
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Tripple SMA chart for Eternal Limited


Before diving into the technical aspects of a company, such as stock price charts or volume trends, it's important to understand its fundamentals. These fundamentals include financial stability, growth potential, and strategic positioning. Additionally, knowing the broader industry landscape, including competitive pressures and regulatory factors, offers deeper insights. When this fundamental analysis is combined with technical indicators, it leads to more informed, accurate evaluations of the company's overall performance.