no and yes
it is not a straight forward answer but i trying
see swing trading means you are going to hold your trade 3-10 days ( only time frame matter)
now you can trade either in cash/future/option, no barrier at all
so with cash & future 1 lakh is not sufficient but you can trade market swing with option with one stock/nifty/banknifty.
most important thing is your knowledge , do you know how to trade?
do you have every week profitable even in paper trade( without giving any excuse in paper trade)
do you rely on most of technical analysis or are you doing some system based trading like supertrend/rsi/macd/ moving average based system
if yes you are bound to fail in swing trading & intraday trading
try investing & long term if answer of above one question is yes
otherwise go ahead