Best Penny Stocks in India 2024
Swing Trading Stocks for the week : February 14 , 2022
Last Updated: 7th September 2023 - 05:09 pm
5paisa research provides investors with the best short-term and long-term investing ideas. Every morning we offer 5 best stocks to buy, in the afternoon we provide five best buy today and sell tomorrow (BTST) ideas, while at the beginning of every week we provide a list of five best swing trade stocks. We regularly update our success rate and issue special commentary during special market events.
Swing Trading: What is Swing Trading?
Swing Trading is a kind of fundamental trading strategy where positions are held for more than a single day. Since corporate fundamentals generally require several days or even a week to cause sufficient price movement to render a reasonable profit, most swing traders are also considered fundamentalists as well.
Some others also explain swing trading as a trading strategy in the middle of day trading and trend trading. While day traders hold stocks not more than a day the trend trader holds stocks as for a week or even a month or months based on fundamental trends. Swing traders trade in a particular stock based on intra-week or intra-month oscillations between pessimism and optimism.
Best Swing Trading Stocks for the week February 14
1. INTERGLOBE AVIATION (INDIGO)
Interglobe Aviation is involved in the business activities of Passenger airways. Company’s Total Operating Revenue is Rs.14640.63 Cr. and Equity Capital is Rs.384.91 Cr. for the Year ended 31/03/2021. InterGlobe Aviation Ltd. is a Public Limited Listed company incorporated on 13/01/2004 and has its registered office in the State of Delhi, India.
INDIGO Share Price Details:
- Current Market Price: Rs.2,265
- Stop Loss: Rs.2,215
- Target 1: Rs.2,320
- Target 2: Rs.2,380
- Holding Period: 10 Days
5paisa Recommendation: Our technical experts see positive momentum in this stock hence making this stock as one of the best swing trade stocks.
2. NLC INDIA (NLCINDIA)
NLC India L belongs to the Industry of Power - Generation/Distribution. Company’s Total Operating Revenue is Rs.7249.63 Cr. and Equity Capital is Rs.1386.64 Cr. for the Year ended 31/03/2021. NLC India Ltd. is a Public Limited Listed company incorporated on 14/11/1956 and has its registered office in the State of Tamil Nadu, India.
NLCINDIA Share Price Details:
- Current Market Price: Rs.76
- Stop Loss: Rs.74
- Target 1: Rs.78
- Target 2: Rs.82
- Holding Period: 10 Days
5paisa Recommendation: Our technical experts see positive chart in this stock hence making this stock as one of the best swing trade stocks.
3. RHI MAGNESITA (RHIM)
RHI Magnesita India is involved in the business activities of Manufacture of millstones, sharpening or polishing stones and natural or artificial abrasive products, including abrasive powder or grain on a base of textile material, paper, paper board or other material. Company’s Total Operating Revenue is Rs.1366.41 Cr. and Equity Capital is Rs.12.01 Cr. for the Year ended 31/03/2021. RHI Magnesita India Ltd. is a Public Limited Listed company incorporated on 26/11/2010 and has its registered office in the State of Delhi, India.
RHIM Share Price Details:
- Current Market Price: Rs.486
- Stop Loss: Rs.475
- Target 1: Rs.497
- Target 2: Rs.515
- Holding Period: 10 Days
5paisa Recommendation: Sideways move to end in this stock hence it is recommended to add this stock in your list of best swing trade stocks.
4. BSE LTD (BSE)
BSE is involved in the business activities of Administration of financial markets. Company’s Total Operating Revenue is Rs.423.92 Cr. and Equity Capital is Rs.9.00 Cr. for the Year ended 31/03/2021. BSE Ltd. is a Public Limited Listed company incorporated on 08/08/2005 and has its registered office in the State of Maharashtra, India.
BSE Share Price Details:
- Current Market Price: Rs.2,271
- Stop Loss: Rs.2,230
- Target 1: Rs.2,315
- Target 2: Rs.2,374
- Holding Period: 10 Days
5paisa Recommendation: Our technical experts see positive chart in this stock hence making this stock as one of the best swing trade stocks.
5. HINDUSTAN PETROLEUM (HINDPETRO)
Hind. Petrol is involved in the business activities of Manufacture of refined petroleum products. Company’s Total Operating Revenue is Rs.232996.81 Cr. and Equity Capital is Rs.1452.41 Cr. for the Year ended 31/03/2021. Hindustan Petroleum Corporation Ltd. is a Public Limited Listed company incorporated on 05/07/1952 and has its registered office in the State of Maharashtra, India.
HINDPETRO Share Price Details:
- Current Market Price: Rs.302
- Stop Loss: Rs.294
- Target 1: Rs.310
- Target 1: Rs.322
- Holding Period: 10 Days
5paisa Recommendation: Our technical experts see recovery on cards in this stock hence making this stock as one of the best swing trade stocks.
Also read: How will Bank Nifty perform this week?
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