SWIGGY Breakout Setup: 126-Day Base Formation & Momentum Zone

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This chart analyzes SWIGGY’s recent price action and technical setup, featuring a 126-day base formation as a foundation for trend reversal and bullish momentum. The stock has shown consistent upward movement, supported by tightening in the zone and well-defined moving average support, with resistance levels around 439.05 INR. Tightness in the trend zone indicates buyer accumulation, increasing the probability of a sustained breakout following the consolidation phase and moving average alignment

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