Swiggy: a probable long trade➡️Entered this with a stop loss of 374
➡️21 ema support
➡️Consumption theme has been picking up and I am hopeful that this scrip would be a beneficiary of the theme
➡️supply zone may act as a demand zone
➡️the volume on negative days have been meagre in comparison to the volume on positive days
SWIGGY trade ideas
SWIGGY |cup & handle breakout **Swiggy Ltd.** based on your latest chart:
> **Swiggy (NSE)** forming cup & handle breakout above ₹389.50 ☕🚀
> Cleared descending channel with authority
> RSI 53.61 → room to run
> Volume 🔥 51.8M = strong conviction
> Next resistances: ₹402.95 / ₹456.70
> Target zone: ₹520–₹570+
> Momentum + structure = tasty trend cooking 🛵📈
> #Swiggy #BreakoutStocks #CupAndHandle #StocksToWatch
Want to add a thumbnail or carousel for this one? I can whip up captions, chart overlays, or even turn this into a visual thread.
Swiggy Base and Trendline BONSE:SWIGGY gains as Morgan Stanley starts coverage with 'overweight' rating; sees 22% upside.
On Daily Chart, it Could Signal a 35% Breakout - Here's the Exact Level Every Trader is Watching
Price Action Analysis:
The chart reveals a classic consolidation phase following Swiggy's IPO debut in November 2024. After an initial surge to highs around 465 levels post-listing, the stock underwent a significant correction, falling to lows near 297 in March 2025. Currently trading at 362.75, the stock shows signs of building a base in the 310-370 range.
Volume Analysis:
Volume patterns indicate institutional interest with notable spikes during key price movements. The stock gained nearly 17% on its trading debut, signalling growing investor confidence in food and grocery delivery firms. The recent volume of 22.31M shares suggests active participation, though lower than peak trading days.
Key Technical Levels:
Support Levels:
- Primary Support: 305-310 (marked by green horizontal line)
- Secondary Support: 297 (March 2025 low)
- Critical Support: 280 (psychological level)
Resistance Levels:
- Immediate Resistance: 370-375 (red horizontal line marking recent highs)
- Major Resistance: 420-430 (post-IPO consolidation zone)
- Ultimate Target: 465 (all-time high)
Base Formation:
The stock has formed a rectangular consolidation base between 310-370 levels over the past 3-4 months. This 4-month base-building phase indicates potential accumulation by institutional investors, typical behaviour post-IPO as initial volatility settles.
Technical Patterns:
A descending trendline resistance (marked in white) from the March highs is being breached. The current price action suggests a potential breakout from this falling wedge pattern, which is typically bullish.
Trade Setup:
Entry Strategy:
- Conservative Entry: 375+ on breakout above resistance with volume confirmation
- Aggressive Entry: 365-368 on current levels for base play
Exit Levels:
- Target 1: 400 (intermediate resistance)
- Target 2: 430 (major resistance zone)
- Target 3: 465 (all-time high retest)
Stop Loss:
- For breakout trade: 355 (below recent consolidation)
- For base play: 305 (below primary support)
Position Sizing and Risk Management:
- Risk per trade: Maximum 2% of portfolio
- Position size calculation: (Portfolio value × 2%) ÷ (Entry price - Stop loss)
- For a 100,000 portfolio: (100,000 × 2%) ÷ (365 - 305) = 33 shares maximum
- Reward-to-risk ratio: 1:2.5 minimum
Sectoral and Fundamental Backdrop:
NSE:SWIGGY food delivery business achieved profitability in March, with a current market cap of 83,088 crores and revenue of 15,227 crores. However, the company still reports losses of 3,117 crores, indicating it's in a growth investment phase.
The IPO was priced at ₹390 per share, raising ₹11,327.43 crores, providing substantial capital for expansion. The company operates a hyperlocal on-demand delivery model, connecting nearby restaurants and service providers to customers, with diversification into grocery delivery (Instamart) and logistics services.
The food-tech sector in India remains attractive due to increasing digitization and changing consumer behaviour. Recent antitrust concerns regarding discount practices by fast-delivery companies, including Swiggy, indicate regulatory scrutiny, which could impact future growth strategies.
Risk Factors:
- High cash burn rate despite revenue growth
- Intense competition with Zomato, Zepto and other players
- Regulatory challenges in the quick commerce space
- Market volatility affecting new-age tech stocks
My Take:
The technical setup suggests accumulation phase completion with potential for a significant move higher, supported by improving fundamentals in the core food delivery business, achieving profitability. Follow the Strict Trade Plan as Explained Above.
Keep in the Watchlist.
NO RECO. For Buy/Sell.
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Disclaimer: "I am not a SEBI REGISTERED RESEARCH ANALYST AND INVESTMENT ADVISER."
This analysis is intended solely for informational and educational purposes and should not be interpreted as financial advice. It is advisable to consult a qualified financial advisor or conduct thorough research before making investment decisions.
"Swiggy Karo, Phir Jo Chahe Karo!"Swiggy CMP 385
Swiggy Ltd
About
Founded in 2014, Swiggy Ltd is a new-age, consumer-first technology company offering users an easy-to-use convenience platform, accessible through a unified app.
Key Points
Business Model - Swiggy operates a diversified hyperlocal commerce platform through its unified app - ''SWIGGY'' The company, known for pioneering hyperlocal commerce in India, offers a range of services through five main segments:
Food Delivery - Launched in 2014, this core segment enables users to browse, order, and have meals delivered from a wide network of restaurant partners. Swiggy monetizes this by charging fees from restaurants, delivery charges, and platform-based advertising opportunities.
Gross Order Value: Food Delivery GOV reached ₹247,174.41 million in fiscal 2024.
Average Order Value Rs.408 in FY24
Delivery Fee collected as a % of GOV : 3.11%
Cost of Delivery as a % GOV: 14.31%
Out-of-Home Consumption Includes services for dining and events, such as Dineout (for restaurant reservations and promotions) and SteppinOut (events management). Swiggy leverages its established restaurant partnerships to extend user engagement beyond home deliveries.
Quick Commerce Instamart, launched in 2020, offers fast delivery of groceries and household items, leveraging a network of “dark stores” to achieve rapid delivery times. This segment is expanding with new product categories and cities.
This is just to boost my confidence. No Suggestions for buying. I will keep checking and updating my mistake if last post gone wrong...
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial Adviser before making any decisions.
Swiggy cmp 374.15 by Daily Chart view since listed**Swiggy cmp 374.15 by Daily Chart view since listed*
- Support Zone 325 to 350 Price Band
- Resistance Zone 385 to 408 Price Band
- Rising Support Trendline seems been well respected
- Falling Resistance Trendline Breakout seems sustained
- *Multiple Bullish Rounding Bottoms plus considerate Head & Shoulders below Resistance Zone*
SWIGGY LTD forming a textbook bullish flag on the 2h chartChart Analysis (Study Purpose Only):
Pattern Observed: After a sharp uptrend, the stock has formed a falling channel (bullish flag) — which typically signals a continuation of the trend.
Support/Resistance:
The price is consolidating above a long-term trendline resistance, which is now acting as support.
Resistance zone is near ₹365–₹367, and support is around the ₹340–₹345 range.
Indicators:
RSI is currently at ~60, suggesting mild bullish momentum without being overbought.
MACD is in a bearish crossover but appears to be flattening, possibly preparing for a bullish crossover.
Volume: Declining volume during the pullback suggests weak selling pressure, often a bullish sign in continuation patterns.
🟢 A breakout above the upper channel with volume could confirm a bullish continuation.
SWIGGY LTD – Breakout & Retest Confirmation on Daily Chart Note : This is only a chart analysis and for study purposes. Not a recommendation to buy or sell.
Chart Analysis Summary:
Breakout Zone:
The stock has clearly broken above a descending trendline that acted as resistance for several months. The breakout was supported by a strong bullish candle with notable volume, indicating genuine buying interest.
Volume:
The breakout candle shows a volume spike, validating the move. Volume continues to remain stable post-breakout, supporting the sustainability of the trend.
Retest Confirmation:
After the breakout, SWIGGY came back to retest the breakout zone (~345-350) and formed a bullish reversal, confirming the support zone.
Current Price Action:
Price is now moving higher again, suggesting the end of the retest phase and a potential beginning of a fresh uptrend.
EMA Analysis:
Price is trading above the 20/50/100/200 EMA cluster (currently near 339.25), which was earlier acting as a dynamic resistance and now may serve as support.
MACD:
MACD crossover above the signal line is visible and trending upward – a bullish momentum signal.
SWIGGY | Falling Channel Breakout | Good VolumeBased on the images you've uploaded, here's a detailed analysis and summary of the SWIGGY LTD chart:
---
### **Chart Pattern and Technical Overview:**
* **Falling Channel:**
The price action was contained in a downward-sloping channel, marked by two yellow trendlines (upper and lower boundaries).
This pattern reflects a period of consolidation within a larger downtrend.
* **Breakout:**
Recently, the price has broken out of this descending channel, closing above the upper trendline around the 335.00 level.
Such a breakout is typically considered bullish, suggesting a potential trend reversal or at least a short-term move to the upside.
* **Volume Confirmation:**
A significant increase in volume accompanied the breakout, confirming the strength of this move.
High volume breakouts generally have a higher probability of sustaining.
* **Price Targets & Measurements:**
* The breakout target is projected based on the height of the channel (approx. 63.65 points).
* Measured breakout target:
$\text{Breakout level (335.00)} + \text{Channel height (63.65)} = 403.50$.
* Current price: 362.75.
* Immediate resistance zone near 403.50.
---
* **Volume:**
* Today’s volume (52.63M) is above the 50-day average (14.02M).
* This indicates strong interest and participation by traders.
---
### **Key Levels:**
✅ Support: **335.00**
✅ Resistance: **403.50**
✅ Low: **297.00**
---
### **Conclusion & Implication:**
The breakout from the falling channel with strong volume suggests a potential bullish continuation towards 403.50, as long as 335.00 holds as support. Watch for further volume spikes and price action near the target zone to determine sustainability.
---
SWIGGY | Positive Divergence |RSI breakout - watchlist ### **Technical Analysis of Swiggy Ltd. (NSE)**
The chart highlights a **descending channel breakout**, indicating a potential trend reversal.
### **Key Observations:**
1. **Descending Channel Formation:**
- Price has oscillated within two downward-sloping trendlines from **January to June 2025**, creating a bearish trend.
- **Breakout above 333.05 INR** suggests buyers may be gaining control.
2. **Volume & Price Action:**
- **Current price:** **333.05 INR**, up **1.28% (+4.20 INR)**.
- **Volume (20-period moving average):** **19.7M vs. 21.35M**—watch for a sustained increase to confirm the breakout.
3. **RSI Divergence:**
- RSI is **55.23**, indicating improving momentum but not yet in overbought territory.
- Divergence suggests weakening bearish pressure, strengthening bullish reversal potential.
- **Support & Resistance:**
- **Support:** **297.00 INR**, the lower boundary of the previous range.
- **Resistance:** **352INR**, the prior high acting as an upside target.
Swiggy is almost there to deliver foodVolume Analysis:
Significant spike in volume:
Today’s volume: 91.97M, compared to the 20-day average of 14.1M – a huge surge.
This spike suggests strong institutional activity or a possible reversal attempt.
Combined with the bullish candle, this implies accumulation at lower levels.
Do your own study and analysis then trade. its only for study or analysis purpose not recommendation to buy. keep in watchlist.
SWIGGYSWIGGY is showing highest ever volume after listing day. Forming a base pattern with volume. Now if if doesn't break today's low then this may be considered as a short term bottom. So no 297 is a key support are. Though for a momentum play its closing above 330 is v crucial. But if above all conditions satisfied then definitely is may prove to be a good trade in coming days.
SWIGGY following footsteps of ZOMATOFundamental Analysis of Swiggy
Pros:
Revenue Growth: Swiggy has shown a consistent increase in revenue, with Q3 FY25 revenue reaching ₹3,993 crore, a 31% year-over-year growth.
Market Position: Swiggy is a leading player in the food delivery market in India, which gives it a strong competitive advantage.
Expansion Plans: Swiggy is continuously expanding its services and partnerships, which can lead to further revenue growth.
Cons:
Net Loss: Despite revenue growth, Swiggy reported a net loss of ₹799 crore in Q3 FY25, indicating that the company is still not profitable.
High Operating Costs: The company's operating costs are high, which contributes to its net losses.
Dependence on Market Conditions: Swiggy's performance is heavily dependent on the overall economic conditions and consumer spending patterns.
Swiggy Ltd view for Intraday 13th Jan #SWIGGY
Swiggy Ltd view for Intraday 13th Jan #SWIGGY
Resistance 515 Watching above 517 for upside movement...
Support area 500 Below 510 ignoring upside momentum for intraday
Watching below 498 or downside movement...
Above 505 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
Swiggy Ltd view for Intraday 10th Jan #SWIGGY
Swiggy Ltd view for Intraday 10th Jan #SWIGGY
Resistance 515 Watching above 517 for upside movement...
Support area 500 Below 510 ignoring upside momentum for intraday
Watching below 498 or downside movement...
Above 505 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,
SWIGGY LevelsAs of December 26, 2024, Swiggy Limited (NSE: SWIGGY) closed at ₹559.05.
Support and Resistance Levels:
Resistance Levels:
R1: ₹597.39
R2: ₹612.57
R3: ₹627.14
Support Levels:
S1: ₹567.64
S2: ₹553.07
S3: ₹537.89
These levels suggest that if the stock price rises, it may encounter resistance around ₹597.39 to ₹627.14. Conversely, if the price declines, it may find support between ₹537.89 and ₹567.64.
These support and resistance levels are based on pivot point calculations, which are commonly used in technical analysis to identify potential price reversal points.
Please note that stock prices are influenced by various factors, and past performance does not guarantee future results. It's advisable to conduct thorough research or consult a financial advisor before making investment decisions.
Swiggy Ltd view for Intraday 12th Dec #SWIGGYSwiggy Ltd view for Intraday 12th Dec #SWIGGY
Resistance 535 Watching above 536 for upside movement ...
Support area 515 Below 530 ignoring upside momentum for intraday
Support 515 Watching below 514 or downside movement ...
Resistance area 535
Above 520 ignoring downside move for intraday
Charts for Educational purposes only.
Please follow strict stop loss and risk reward if you follow the level.
Thanks,