Swiggy Limited

SWIGGY – Breakout Awaited with Strong Upside Potential

398
The stock is currently consolidating near a critical support zone around ₹323-₹317, which has acted as a strong demand area. A strict stop-loss below ₹311 is recommended for risk management.

A breakout above the descending trendline resistance could trigger a bullish rally, targeting levels of ₹400, ₹500, and eventually ₹600+ in the coming weeks. The price structure suggests a higher low formation, indicating potential trend reversal.

📌 Key Levels to Watch:

Support: ₹323-₹317

Resistance: ₹360-₹380 (trendline breakout zone)

Target: ₹400 / ₹500 / ₹600+

Stop-Loss: Below ₹311

⚠️ Disclaimer: This is for educational purposes only. Do your own research before making any trading decisions.

면책사항

이 정보와 게시물은 TradingView에서 제공하거나 보증하는 금융, 투자, 거래 또는 기타 유형의 조언이나 권고 사항을 의미하거나 구성하지 않습니다. 자세한 내용은 이용 약관을 참고하세요.