Swiggy technical analysis

According to the latest Pivot data, Swiggy’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹329.82, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹334.64, ₹342.62, and ₹347.44, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹321.84, ₹317.02, and ₹309.04, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Swiggy’s price movement.