Swing Trading Stocks for the week : February 28 , 2022

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 28

1. Reliance Industries (RELIANCE)

Reliance Industries is involved in the business activities of Extraction of natural gas. Company’s Total Operating Revenue is Rs.245667.00 Cr. and Equity Capital is Rs.6445.00 Cr. for the Year ended 31/03/2021. Reliance Industries Ltd. is a Public Limited Listed company incorporated on 08/05/1973 and has its registered office in the State of Maharashtra, India.

RELIANCE Share Price Details:

- Current Market Price: Rs.2,284

- Stop Loss: Rs.2,220

- Target 1: Rs.2,350

- Target 2: Rs.2,425

- 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. Adani Enterprises (ADANIENT)

Adani Enterprises Lt is involved in the business activities of Wholesale of solid, liquid and gaseous fuels and related products. Company’s Total Operating Revenue is Rs.13358.73 Cr. and Equity Capital is Rs.109.98 Cr. for the Year ended 31/03/2021. Adani Enterprises Ltd. is a Public Limited Listed company incorporated on 02/03/1993 and has its registered office in the State of Gujarat, India

ADANIENT Share Price Details: 

- Current Market Price: Rs.1,619

- Stop Loss: Rs.1,574

- Target 1: Rs.1,667

- Target 2: Rs.1,710

- 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. Tata Steel (TATASTEEL)

Tata Steel is involved in the business activities of Manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs.64869.00 Cr. and Equity Capital is Rs.1198.78 Cr. for the Year ended 31/03/2021. Tata Steel Ltd. is a Public Limited Listed company incorporated on 26/08/1907 and has its registered office in the State of Maharashtra, India.

TATASTEEL Share Price Details: 

- Current Market Price: Rs.1,145

- Stop Loss: Rs.1,114

- Target 1: Rs.1,176

- Target 2: Rs.1,230

- 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. Hindustan Copper (HINDCOPPER)

Hindustan Copper belongs to the Industry of Metals - Non Ferrous - Copper/Copper Alloys - Prod. Company’s Total Operating Revenue is Rs.1786.76 Cr. and Equity Capital is Rs.462.61 Cr. for the Year ended 31/03/2021. Hindustan Copper Ltd. is a Public Limited Listed company incorporated on 09/11/1967 and has its registered office in the State of West Bengal, India.

HINDCOPPER Share Price Details: 

- Current Market Price: Rs.113.5

- Stop Loss: Rs.111

- Target 1: Rs.116

- Target 2: Rs.119

- 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. TV18 BROADCAST (TV18BRDCST)

Tv18 Broadcast is involved in the business activities of Television programming and broadcasting activities. Company’s Total Operating Revenue is Rs.1104.18 Cr. and Equity Capital is Rs.342.87 Cr. for the Year ended 31/03/2021. TV18 Broadcast Ltd. is a Public Limited Listed company incorporated on 06/06/2005 and has its registered office in the State of Maharashtra, India.

TV18BRDCST Share Price Details: 

- Current Market Price: Rs.59.5

- Stop Loss: Rs.58

- Target 1: Rs.61

- Target 1: Rs.63

- 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: Stocks to Buy Today: February 28 2022 - Adani Ports, GNFC, Vedanta