SWIGGY - Breakout Soon (1-3 months)#SWIGGY #breakoutstock #patterntrading #cupandhandle #roundingbottom #trendingstock
SWIGGY : Swing Trade (1-3 Months)
>> Breakout candidate
>> Trending stock
>> Cup and handle pattern
>> Rounding bottom in the long run
>> Good Strength & Volumes Dried up
Swing Traders can lock profit at 10% and keep trailing
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Disc : Charts shared are for Learning purpose not a Trade Recommendation, Take postions only after consulting your Financial Advisor or a SEBI Registered Advisor.
Swiggy
SWIGGY Breaking out of Rouding Bottom PatternNSE:SWIGGY is breaking out of Rouding Bottom Pattern. You can Buy at 398 and Target for 420. Keep Stop loss at 370. The Points that you will gain here is 22 points and since the stock price is less, you can invest a little more and try gaining more profit.
SWIGGY : INTRADAY RANGESWIGGY's stock is trading near a critical support level of ₹430. If this support level is breached, we could anticipate a potential decline of approximately 6%. This could signify a bearish trend, leading to further downward pressure on the stock price. Investors need to monitor this level closely, as a break below ₹430 might prompt selling activity and increase volatility.