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Short

Trend Resistance

Uptrend Above: 24180

Bull Market Above: 24370
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Term

Trend Point Acts

Trend Point: 24160

My PCR: 0.84

555 Range 205

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View

Trend Suport

Down Below: 24140

Bear Market Below: 24020
Short Term View Historic Data

Nifty View Tomorrow: Tuesday 12 May 2026

Day Close

23815
Day High

23997
Day Low

23799
Day Avg

23870
11 May 2026
5 SMA

24136
10 SMA

24106
20 SMA

24156
50 SMA

23959
200 SMA

25064
RRP

127
R/S

1.79
RMR

0.79
SRP

71

Tomorrow

Resist 2

24050
Resist 1

23930
Mid Point

23840
Suport 1

23730
Suport 2

23650
52W High

26373
52w Low

22182
52w Down

9.7%
52w Up

7.36%

Panic View

Resist 2

24270
Resist 1

24100
Mid Point

23850
Suport 1

23605
Suport 2

23480
5d High

24482
5d Low

23799
10d High

24482
10d Low

23796
Days High & Low 20d High

24601
20d Low

23555
50d High

25771
50d Low

22182
All Avg

24084
Nifty Historic Prediction Data

Nifty Last Five Days Moves

SNo. Date Day Close Day High Day Low 5 DMA 10 DMA 20 DMA 50 DMA 200 DMA
1 11 May 2026 23815 23997 23799 24136 24106 24156 23959 25064
2 08 May 2026 24176 24253 24126 24197 24114 24154 23994 25071
3 07 May 2026 24326 24482 24284 24161 24114 24145 24019 25076
4 06 May 2026 24330 24356 23997 24131 24119 24085 24049 25080
5 05 May 2026 24032 24081 23882 24064 24144 24017 24077 25084
Nifty Historic Data And Moving Avg

Go Back

Swiggy's IPO price range of Rs 371 to Rs 390 is considered attractively valued, and was decided a...

Posted: 01 Nov 2024

Swiggy's IPO price range of Rs 371 to Rs 390 is considered attractively valued, and was decided after comparing its ratios with the listed peer and adding qualitative factors to the same value, said an investment banker attending the IPO press conference. Swiggy's competitor Zomato is currently trading at a trailing P/E of 297x, whereas the former's ratio stands at -35.23x. However, Swiggy's price range is positioned higher than Zomato's current trading price of Rs 247 at the close of the session on October 30. Swiggys pre-IPO earnings per share (EPS) is calculated based on pre-issue shareholding, as stated in the Red Herring Prospectus (RHP), and the latest earnings for the fiscal year ending March 31, 2024. On the financial front, Swiggy reduced its losses for FY24 to Rs 2,350.2 crore, down from Rs 4,179.3 crore the previous year, while revenue from operations grew by a robust 36 percent to Rs 11,247.4 crore, up from Rs 8,264.6 crore.

Market Bits

"In investing, what is comfortable is rarely profitable." — Robert Arnott

Be prepared to invest in a down market and to "get out" in a soaring market, as per the philosophy of Warren Buffett.