Swing Trading Stocks for the week : January 03, 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 January 03

1. ALKYL AMINES (ALKYLAMINE)

Alkyl Amines Che is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company’s Total Operating Revenue is Rs.1242.44 Cr. and Equity Capital is Rs.10.21 Cr. for the Year ended 31/03/2021. Alkyl Amines Chemicals Ltd. is a Public Limited Listed company incorporated on 17/10/1979 and has its registered office in the State of Maharashtra, India.

ALKYLAMINE Share Price Details:

- Current Market Price: Rs.3,548

- Stop Loss: Rs.3,450

- Target 1: Rs.3,660

- Target 2: Rs.3,776

- Holding Period: 10 Days

5paisa Recommendation: Our technical experts see strong volume in this stock hence making this stock as one of the best swing trade stocks in this week.

2. BAJAJ HOLDINGS (BAJAJHLDNG)
 

BAJAJHLDNG Share Price Details: 

- Current Market Price: Rs.5,432

- Stop Loss: Rs.5,300

- Target 1: Rs.5,585

- Target 2: Rs.5,700

- Holding Period: 10 Days

5paisa Recommendation:  Further buying is expected in this stock and hence it is recommended to add this in your best swing trade stocks list in this week.

3. DLF LTD (DLF)

DLF Ltd. is involved in the business activities of Real estate activities with own or leased property. Company’s Total Operating Revenue is Rs.3893.48 Cr. and Equity Capital is Rs.495.06 Cr. for the Year ended 31/03/2021. DLF Ltd. is a Public Limited Listed company incorporated on 04/07/1963 and has its registered office in the State of Haryana, India.

DLF Share Price Details: 

- Current Market Price: Rs.390

- Stop Loss: Rs.382

- Target 1: Rs.399

- Target 2: Rs.415

- 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 in this week.

4. BALAJI AMINES (BALAMINES)

Balaji Amines Li is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company’s Total Operating Revenue is Rs.1227.78 Cr. and Equity Capital is Rs.6.48 Cr. for the Year ended 31/03/2021. Balaji Amines Ltd. is a Public Limited Listed company incorporated on 27/10/1988 and has its registered office in the State of Maharashtra, India.

BALAMINES Share Price Details: 

- Current Market Price: Rs.3,410

- Stop Loss: Rs.3,300

- Target 1: Rs.3,530

- Target 2: Rs.3,665

- Holding Period: 10 Days

5paisa Recommendation: Further buying is expected in this stock hence add this stock as one of the best swing trade stocks in this week.

5. BATA INDIA (BATAINDIA)

Bata India is involved in the business activities of Retail sale of leather goods and travel accessories of leather and leather substitutes. Company’s Total Operating Revenue is Rs.1707.30 Cr. and Equity Capital is Rs.64.26 Cr. for the Year ended 31/03/2021. Bata India Ltd. is a Public Limited Listed company incorporated on 23/12/1931 and has its registered office in the State of West Bengal, India.

BATAINDIA Share Price Details: 

- Current Market Price: Rs.1,872

- Stop Loss: Rs.1,825

- Target 1: Rs.1,925

- Target 1: Rs.2,010

- 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 this week.