SWIGGY - IntraDay Trade Analysis
Last Updated Time : 02 Aug 25, 12:58 am
Back to IntraDay Trade List📊 Intraday Trade Analysis for SWIGGY
IntraDay Trade Rating: 4.1
This rating reflects a technically bullish setup with strong momentum indicators, though tempered by weak fundamentals and declining volume.
🔍 Technical Snapshot
RSI (64.5): Bullish zone — approaching overbought, but still supports upside.
MACD (10.7): Strong bullish crossover — confirms upward momentum.
Volume (62.8L vs Avg 1.31Cr): Significantly below average — suggests fading participation.
Price above 50 & 200 DMA: Indicates short-term strength and trend continuation.
💡 Intraday Strategy
✅ Fresh Entry (Buy Today)
Optimal Buy Zone: ₹408–₹412 (near breakout retest zone)
Profit Targets
Target 1: ₹422 (minor resistance)
Target 2: ₹435 (VWAP extension zone)
Stop Loss: ₹398 (below 200 DMA and intraday support)
🚪 If Already Holding Today
Exit on Weakness
If price drops below ₹408 with rising sell volume and RSI < 60.
Exit on Strength
If price breaks ₹422 with volume surge and RSI > 68, trail stop to ₹415.
⚠️ Risk Factors
Quarterly Loss Spike (-104%) and negative ROE/ROCE raise red flags.
Volume drop may limit upside follow-through despite MACD strength.
No dividend yield and negative EPS reduce defensive appeal.
Would you like a comparative intraday setup for ZOMATO or NYKAA from the same sector? Or perhaps a swing trade idea based on Swiggy’s breakout structure?
Edit in a page
Back to IntraDay Trade List