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Is MMYT building bullish momentum? 20 Day Moving Average Support shows up after dropping 1.86%

SwingTradeBot Nightly Stock Scan: MakeMyTrip Limited (MMYT) — Technical Patterns & Alerts · Jul 16, 2026, 20:06 ET
MMYT posted a 1.86% loss on Thursday, July 16th, accompanied by 0.9× normal trading volume. The session formed a 20 DMA Support, often signaling a possible continuation. Key support levels exist at 53.22, 52.25 & 50.96, with resistance at 55.48, 56.77 & 57.74.

Current SwingTradeBot Technical Rating of MMYT: D

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MakeMyTrip Limited (MMYT)