Zomato share: On the upside, Rs 110 is an immediate psychological; above this, the stock can rally towards Rs 120+ level. On the downside, Rs 97 is a major support, said Pravesh Gour, senior technical analyst at Swastika Investmart
Zomato share price has soared around 67 percent in the past one year. Technicals show that the relative strength index of the stock stands at 61.3, implying that it s trading neither in the overbought nor in the oversold territory
Zomato Share Price: Shares of Zomato Ltd saw a wave of increase in target price by several brokerages after the firm turned profitable for the first time. Meanwhile, many of the brokerages have maintained their ratings on the stock.