Swiggy Breaks Out! 30% Rally Signals Momentum Reversal
SWIGGY closed in the green for three straight sessions (June 18th, 19th, & 20th), breaking past the key resistance of ₹387 and maintaining levels above it. The stock has formed higher highs and higher lows for four sessions, supported by steadily rising volumes. From its recent low, Swiggy has surged over 30%, though it still trades nearly 30% below its 2025 calendar-year high. The breakout above prolonged consolidation suggests technical strength. Immediate resistance is seen near ₹463, with key support at ₹345.
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