The Economic Times News

Bruised but not beaten? Swiggy shares down 24% YTD, but a reversal may be on the cards

Swiggy shares have rebounded modestly after a steep year-to-date decline, with analysts divided on the stocks next direction. Some experts highlight improving momentum, strengthening support levels, and easing selling pressure, while others warn of bearish chart patterns and weakening demand zones. With key moving averages and resistance levels in focus, the stocks upcoming movements will be crucial in confirming whether a true trend reversal is forming.