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Mitesh Panchal Says Investors Can Still Buy Zomato On Dips. Check Target Price

Mitesh Panchal Says Investors Can Still Buy Zomato On Dips. Check Target Price

Sakshi Batra
Sakshi Batra / Shailendra Bhatnagar
  • New Delhi,
  • Sep 6, 2024,
  • Updated Sep 6, 2024, 3:20 PM IST

 

Mitesh Panchal, from miteshpanchal.in, shares his bullish outlook on Zomato, predicting a strong rally in the stock. He believes this is just the beginning for Zomato, as the company shows significant potential for long-term growth. Mitesh Panchal advises investors to buy the stock during any dips, emphasizing that Zomato is currently in the process of forming an intermediate bottom. With the stock's price showing signs of recovery, he forecasts a potential rise to the ₹300-320 range in the near future. Given the company's expanding presence and strong market fundamentals, Panchal views Zomato as a solid investment opportunity for investors looking to capitalize on its upward momentum. Tune in to hear more insights and strategic advice on how to navigate Zomato's growth trajectory in the coming months.

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