ZOMATO LTDLong
ZOMATO Support & Resistance
As of January 1, 2025, Zomato Limited (NSE: ZOMATO) is trading at ₹278.85, reflecting a 0.31% increase from the previous close of ₹278.
Support and Resistance Levels:
Daily Support: ₹275.95
Daily Resistance: ₹297.75
Short-term Support: ₹275.07
Short-term Resistance: ₹287.26
These levels are crucial for traders to monitor, as a breach above resistance may indicate a bullish trend, while a drop below support could suggest bearish momentum.
Recent Performance:
52-Week High: ₹304.50
52-Week Low: ₹121.70
Market Capitalization: ₹252,051.3 crore
Over the past year, Zomato's share price has appreciated by approximately 123.33%, significantly outperforming the Nifty index's rise of 8.75% during the same period.
Analyst Insights:
The consensus among analysts is a 'Buy' rating, with a median price target of ₹320.00, suggesting a potential upside of about 15.11% from the current market price.
Highest Target Price: ₹375.00
Lowest Target Price: ₹130.00
Support and Resistance Levels:
Daily Support: ₹275.95
Daily Resistance: ₹297.75
Short-term Support: ₹275.07
Short-term Resistance: ₹287.26
These levels are crucial for traders to monitor, as a breach above resistance may indicate a bullish trend, while a drop below support could suggest bearish momentum.
Recent Performance:
52-Week High: ₹304.50
52-Week Low: ₹121.70
Market Capitalization: ₹252,051.3 crore
Over the past year, Zomato's share price has appreciated by approximately 123.33%, significantly outperforming the Nifty index's rise of 8.75% during the same period.
Analyst Insights:
The consensus among analysts is a 'Buy' rating, with a median price target of ₹320.00, suggesting a potential upside of about 15.11% from the current market price.
Highest Target Price: ₹375.00
Lowest Target Price: ₹130.00
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( Contact Number - +91 76782 40962 )
(Mail - Empirecrowntrade@gmail.com)
(Telegram - @Empirecrowntrade)
(whats app code - wa.link/tjaycw )
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