Stock Radar: Down over 30% from highs! Why Swiggy is now looking attractive on charts

Swiggy stock has shown signs of recovery, trading above its 200-day moving average. Experts suggest a potential bounce back towards 440 levels in the coming weeks. The stock formed a bullish engulfing pattern, indicating a possible trend reversal. Traders are advised to consider buying within a specific range with a defined stop-loss. This development offers an opportunity for short-term traders.