ZOMATO // Levels // 1 hour

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ZOMATO on a 1-hour timeframe

Support Levels: Identify recent lows where the stock price has bounced back up. For example, if Zomato recently found support around ₹60, this level is crucial for potential buying interest.

Resistance Levels: Determine recent highs where the stock price has faced difficulty in rising further. For instance, if the stock struggled to surpass ₹65, this would be a significant resistance level.

Support Levels:

₹245
₹240
₹235

Resistance Levels:

₹255
₹260
₹265