Eternal: Zomato Ecosystem Showing Strength Across Segments
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Eternal: Zomato Ecosystem Showing Strength Across Segments
Zomato’s diversified ecosystem — Zomato (Food Delivery), Blinkit (Quick Commerce), Hyperpure (B2B Food Supply) & District (Events/Ticketing) — continues to demonstrate strong operating momentum.
On #VGM, structure has turned bullish as the last two column lows are above MA and the stock is trending within the Bullish MAST cloud.
Price-wise, the first open vertical count is nearly achieved. The next open vertical count is ₹820, offering attractive Risk–Reward from the current price zone around ₹300.
Current signal: PCR – Positive Column Reversal → triggering 50% allocation.
Awaiting DTB – Double Top Buy for the remaining 50% allocation with DBS – Double Bottom Sell as the exit mechanism.
Investors & traders may keep the stock on their radar to trade via their own system rules & discipline.
Nishesh Jani,CFTe
#Zomato #Blinkit #Markets #IndianEquity #TechnicalAnalysis #PriceAction #VGM #Momentum #Bullish #Trading #Investing #Nifty #Stocks #StockMarketIndia #nisheshjani #AhmedabadNest
