Swiggy May Rebound to Rs 190, but Charts Still Do Not Confirm a Trend Reversal, Says LKP's Vatsal Bhuva
LKP Securities analyst Vatsal Bhuva sees room for a tactical rebound in Swiggy toward Rs 190, but cautions that the stockโs chart structure does not yet point to a durable trend reversal. He also flags continued downside risk in Nifty and Bank Nifty, while highlighting HDFC Bank, Oriental Hotels and Apollo Hospitals as names with improving technical setups.
