Swing Trading Stocks: Week of 04-July-2022

swing trading stocks for 04th July 2022

by Sachin Gupta Last Updated: Sep 07, 2023 - 05:09 pm 24k Views
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Swing Trading Stocks for the Week
 

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

VIJAYA

BUY

350

330

370

390

HAVELLS

BUY

1110

1075

1145

1180

MCDOWELL-N

BUY

788

748

828

870

INOXLEISUR

BUY

514

498

530

545

BIOCON

BUY

310

297

323

336

 

At the beginning of every week, our analysts scan through the markets and provide a list of the five best swing trade stocks. The stocks are recommended from a wider list of stocks with the help of fundamental and technical analysis. We regularly update our success rate and issue special commentary during special market events. The average holding period could be between 7-10 days on average.

Weekly Stocks for Swing Trading

1. Vijaya Diagnostic Centre (VIJAYA)

Vijaya Diagnostic is involved in the business activities of medical and dental practice, Nursing, pathology, blood bank services, etc. Company’s Total Operating Revenue is Rs.367.32 Cr. and Equity Capital is Rs.4.53 Cr. for the Year ended 31/03/2021. Vijaya Diagnostic Centre Ltd. is a Public Limited Listed company incorporated on 05/06/2002 and has its registered office in the State of Telangana, India.

Vijaya Diagnostic Centre Share Price Target for Today

- Action: BUY

- Current Market Price: Rs.350

- Stop Loss: Rs.330

- Target 1: Rs.370

- Target 2: Rs.390

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see on verge of breakout in this stock hence making Vijaya Diagnostic, the best stock to buy.

2. Havells India (HAVELLS)

Havells India is involved in the business activities of manufacture of other electronic and electric wires and cables. Company’s Total Operating Revenue is Rs.13888.53 Cr. and Equity Capital is Rs.62.63 Cr. for the Year ended 31/03/2022. Havells India Ltd. is a Public Limited Listed company incorporated on 08/08/1983 and has its registered office in the State of Delhi, India.

Havells India Share Price Target for Today:

- Action: Buy

- Current Market Price: Rs.1,110

- Stop Loss: Rs.1,075

- Target 1: Rs.1,145

- Target 2: Rs.1,180

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see near to On Verge of Breakout in Havells India and thus making this stock as one of the best swing trade stocks.
 

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3. United Spirits (MCDOWELL-N)

United Spirits is involved in the business activities of distilling, rectifying and blending of spirits; ethyl alcohol production from fermented materials. Company’s Total Operating Revenue is Rs.7889.20 Cr. and Equity Capital is Rs.145.30 Cr. for the Year ended 31/03/2021. United Spirits Ltd. is a Public Limited Listed company incorporated on 31/03/1999 and has its registered office in the State of Karnataka, India.

United Spirits Share Price Target for Today:

- Action: Buy

- Current Market Price: Rs.788

- Stop Loss: Rs.748

- Target 1: Rs.828

- Target 2: Rs.870

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see Rising Volume in this stock hence making United Spirits, as one of the best swing trade stocks.

4. Inox Leisure (INOXLEISUR)

Inox Leisure is involved in the business activities of motion picture or video tape projection in cinemas, in the open air or in other projection facilities. Company’s Total Operating Revenue is Rs.683.94 Cr. and Equity Capital is Rs.122.19 Cr. for the Year ended 31/03/2022. Inox Leisure Ltd. is a Public Limited Listed company incorporated on 09/11/1999 and has its registered office in the State of Gujarat, India.

Inox Leisure Share Price Target for Today

- Action: Buy

- Current Market Price: Rs.514

- Stop Loss: Rs.498

- Target 1: Rs.530

- Target 2: Rs.545

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see Inox Leisure on Bullish Momentum is Expected in this stock hence making this stock as one of the best swing trade stocks.

5. Biocon (BIOCON)

Biocon is involved in the business activities of manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs.1738.20 Cr. and Equity Capital is Rs.600.30 Cr. for the Year ended 31/03/2022. Biocon Ltd. is a Public Limited Listed company incorporated on 29/11/1978 and has its registered office in the State of Karnataka, India.

Biocon Share Price Target for Today

- Action: Buy

- Current Market Price: Rs.310

- Stop Loss: Rs.297

- Target 1: Rs.323

- Target 2: Rs.336

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see Biocon on near to support in this stock hence making this stock as one of the best swing trade stocks.

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About the Author

Mr. Sachin Gupta is a Senior Research Analyst at 5paisa, based in Mumbai. He has over 10 years of experience in Equity, Commodity research and strategies. 

Disclaimer

Investment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
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