SWIGGY - Technical Analysis with Chart Patterns & Indicators

Last Updated Time : 20 Dec 25, 03:55 pm

Technical Rating: 3.6

📊 Chart Patterns: SWIGGY is trading slightly above its 50 DMA (404 ₹) and 200 DMA (405 ₹), showing short-term strength. Support lies near 297 ₹, while resistance is around 450–480 ₹. The broader chart suggests consolidation after a decline from highs (617 ₹).

📈 Moving Averages: Current price (412 ₹) is marginally above both 50 DMA and 200 DMA, indicating neutral-to-bullish undertone.

📉 RSI: At 54.6, RSI is neutral, suggesting balanced momentum without being overbought or oversold.

📈 MACD: Positive (0.64), showing mild bullish crossover and potential for short-term upward momentum.

📊 Bollinger Bands: Price is near the mid-band, indicating consolidation. A breakout above 430–450 ₹ could trigger momentum toward 480 ₹.

📊 Volume Trends: Current volume (6,96,01,891) is significantly higher than average weekly volume (3,01,58,680), showing strong participation and accumulation interest.

🚦 Momentum Signals: Short-term momentum is mildly bullish. Sustained move above 430–450 ₹ is required for confirmation of trend reversal.

🎯 Entry Zone: 400–410 ₹ (near DMA support).

🎯 Exit Zone: 450–480 ₹ (resistance zone).

📌 Trend Status: The stock is consolidating with bullish undertone, awaiting breakout above resistance.

Positive

• Strong institutional support with FII holdings up 5.32% and DII holdings up 11.0%.
• Massive trading volume indicates strong investor interest.
• Low debt-to-equity ratio (0.01) ensures financial stability.

Limitation

• Negative ROCE (-23.3%) and ROE (-91.9%) highlight poor capital efficiency.
• EPS remains negative (-14.4 ₹), reflecting ongoing losses.
• No dividend yield, limiting shareholder returns.

Company Negative News

• Quarterly PAT remains negative (-881 Cr.), though slightly improved from -991 Cr.
• Profit variation (-87.4%) shows continued earnings volatility.

Company Positive News

• Sequential improvement in PAT from -991 Cr. to -881 Cr. indicates narrowing losses.
• Strong institutional inflows highlight confidence in long-term growth potential.

Industry

• Industry P/E at 42.2 suggests high growth expectations in the food delivery and tech sector.
• Sector supported by rising consumer demand for online food services and digital adoption.

Conclusion

⚖️ SWIGGY is consolidating with bullish undertone, trading slightly above key moving averages. Short-term traders may consider entry near 400–410 ₹ with exit around 450–480 ₹. Long-term investors should be cautious due to negative profitability and weak capital efficiency, but strong institutional support and sectoral growth provide resilience.