Zomato Share Price Target - Tomorrow, Next Week & Next Month

Show Table of Contents

Table of Contents

• 1: Zomato Recent Performance
• 2: Chart: Zomato Share Price Target - Tomorrow
• 3: Table: Zomato Share Price Target - Tomorrow
• 4: Summary: Zomato Share Price Prediction For Tomorrow
• 5: Chart: Zomato Share Price Target - Next Week
• 6: Table: Zomato Share Price Target - Next Week
• 7: Summary: Zomato Share Price Prediction For Next Week
• 8: Chart: Zomato Share Price Target - Next Month
• 9: Table: Zomato Share Price Target - Next Month
• 10: Summary: Zomato Share Price Prediction For Next Month

Zomato Recent Performance

Over the past 26 trading days, the value of Zomato's stock has increased by ₹25.45 (+13.86%). On 27 May 2024, one share was worth ₹183.64 and by 02 Jul 2024, the value jumped to ₹209.09. During this period it created a highest high of ₹209.84 and lowest low of ₹146.30.

Below Image represents line chart of daily close price of Zomato, helping you visualize how the price has changed day by day.

Chart: Zomato Share Price Target - Tomorrow

The line chart displays the Zomato daily closing prices for the past 26 trading days using a black line. The green line indicates the potential targets, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Zomato shares for Tue 02 Jul 2024, see the table below.

Table: Zomato Share Price Target - Tomorrow

By analyzing Zomato stock with today and past crucial price points and technical indicators we derived following targets for Tomorrow: Wed, 03 Jul, 2024!

Summary: Zomato Share Price Prediction For Tomorrow

Tue 02 Jul 2024: Zomato finished the day at ₹209.09, gaining ₹5.12 (+2.51%) in 1 day.

In summary, our analysis of Zomato for tomorrow predicts a rise of 1.21% to 4.55% with three potential targets T1: ₹211.63, T2: ₹214.53, T3: ₹218.61 and Stop-Loss (SL) at SL1: ₹208.04, SL2: ₹206.94, SL3: ₹205.14.

Additionally, we've identified a support level at ₹202.25 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹209.84, which is like a ceiling at which the price might have a hard time breaking through. These targets are based on our study of past trends and technical analysis using various indicators.

Over the last 26 trading days, the stock has jumped 13.86%, indicating it could be a excellent option for trading or short-term investment. During this period, its price fluctuated between 209.84 and 146.30.

After looking at tomorrow's share price prediction, let's now check what next week might hold for Zomato.

Chart: Zomato Share Price Target - Next Week

The chart displays the Zomato weekly closing prices for the past 25 trading weeks using a black line. It also shows three targets using a green line, while the red line shows the potential Stop-Loss (SL) levels for next week.

For detailed target and stop loss values for Zomato shares for next week, see the table below.

Table: Zomato Share Price Target - Next Week

By analyzing Zomato stock with today and past crucial price points and technical indicators we derived following targets for the next week!

Summary: Zomato Share Price Prediction For Next Week

As of Tue 02 Jul 2024, Zomato share price stands at ₹209.09, gaining ₹8.53 (+4.25%) in this week.

In summary, our analysis of Zomato for next week predicts a rise of 1.72% to 4.74% with three potential targets T1: ₹212.70, T2: ₹216.73, T3: ₹219.01 and Stop-Loss (SL) at SL1: ₹207.98, SL2: ₹204.70, SL3: ₹202.25.

Additionally, we've identified a support level at ₹194.56 — think of this as a safety net where the price might stop falling and there's also a resistance level at ₹209.84, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's and next week's share price prediction, let's now check what next month might hold for Zomato.

Chart: Zomato Share Price Target - Next Month

The chart displays the Zomato monthly closing prices for the past 25 months using a black line. It also shows three targets using green line, while the red line shows the potential Stop-Loss (SL) levels.

For detailed target and stop loss values for Zomato shares for next month, see the table below.

Table: Zomato Share Price Target - Next Month

By analyzing Zomato stock with today and past crucial price points and technical indicators we derived following targets for Next Month!

Summary: Zomato Share Price Prediction For Next Month

As of Tue 02 Jul 2024, Zomato share price stands at ₹209.09, gaining ₹8.53 (+4.25%) in this month.

In summary, our analysis of Zomato for next month predicts a rise of 7.17% to 10.3% with three potential targets T1: ₹224.09, T2: ₹226.33, T3: ₹230.63 and Stop-Loss (SL) at SL1: ₹204.70, SL2: ₹202.25, SL3: ₹200.00.

Additionally, we've identified a support level at 202.25 — think of this as a safety net where the price might stop falling and there's also a resistance level at 209.84, which is like a ceiling at which the price might have a hard time breaking through.

After looking at tomorrow's, next week's and next month's share price prediction, you might wonder what this year or next year might hold for Zomato, we created a specific page for that check here: Zomato Share Price target for 2024 and 2025

As we wrap up, we hope you like our study on Zomato short term share price predictions, please kindly note that these forecasts are based on technical analysis, past trends, and machine learning models. They are for educational purposes only, not investment advice.

Show Methodology We Use

Methodology Behind the Prediction

The share price predictions present on our site are derived from a robust model that incorporates multiple economic indicators, technical indicators, company performance metrics, and industry-specific factors.

We have historical share price data of all stocks for which we present targets, so we analyze historical trends from those past data and overlay them with projected market conditions to estimate future share prices of a stock.

For more insights into Zomato Limited, explore these additional resources:-

• Zomato Share Price History
• Zomato Price Long Term Target

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Disclaimer: Information is provided 'as is' and solely for informational and educational purposes, not for trading purposes or advice. We highly recommend to do your own research before making any investment.