2025-09-08 10:49:54 am | Source: Religare Broking Ltd
Stock of the day : Swiggy Ltd by Target Rs. 462 - Religare Broking Ltd
Swiggy Ltd
Buy Swiggy Ltd CMP 439.05 Range 437-440 SL 427 Target 462
* SWIGGY is exhibiting a robust bullish formation following an extended consolidation phase.
* The price has sustained above critical moving averages, with shorter-term averages crossing above longer-term levels, reinforcing positive momentum.
* The development of higher highs and higher lows reflects strong buyer dominance, while improving volume trends confirm steady accumulation.
* This technical alignment indicates growing market strength, suggesting that investors may consider initiating long positions at favorable entry zones.
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