ZOMATO SHOWING STRENGHT

5 Eki 2023

Zomato is poised to complete its rounding bottom pattern around the 125-130 level. If it crosses the 130 level, the next major hurdle will be between 150 and 160, where it may face some resistance. After that, the sky could be the limit. This quarter's results will reflect the impact of Blinkit, so I expect to see significant upside movement in the stock