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AKANSHA JAIN

21st Mar · SEBI-Registered Analyst

!Zomato

Is this food-tech giant finally finding its "secret sauce," or is the valuation getting a bit too spicy? Let’s break down why it’s trending on everyone’s watchlist today. Current Status: TrendBullish / Consolidating Key Support ₹180Resistance ₹210SentimentHigh Volatility Why the Buzz?Blinkit Power: The "Quick Commerce" game is changing everything. Blinkit is arguably becoming a bigger growth driver than the core food delivery ***** Streak: After years of burning cash, the consecutive quarters of PAT (Profit After Tax) have boosted investor Share: Dominating the duopoly alongside Swiggy, especially with new "intercity" and "events" segments. holds the support at ₹180, look for a breakout toward the all-time high. Great for a "momentum" Case: High PE ratios make it sensitive to any market-wide sell-offs. Watch the volume!Pro Tip: Don't just FOMO in! Keep an eye on the Relative Strength Index (RSI). If it’s over 70, it might be time to wait for a dip before hitting that 'Buy' button in your virtual portfolio.

#FundamentalViews#TechnicalViews
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