Swing Trading Stocks: Week of 14 Nov 2022

Swing Trading Stocks for the Week

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. ZEE ENTERTAINMENT ENTERPRISES(ZEEL)

Zee Entertainment Ents. has an operating revenue of Rs. 8,260.07 Cr. on a trailing 12-month basis. An annual revenue growth of 6% is not great, Pre-tax margin of 17% is great, ROE of 8% is fair but needs improvement. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA.

Zee Entertainment Enterprises Share Price Target for Today:

- Current Market Price: Rs. 265

- Stop Loss: Rs. 257

- Target 1: Rs. 273

- Target 2: Rs. 281

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see Pullback Expected in this stock hence making ZEEL, as one of the best swing trade stocks.

2. APOLLO TYRES (APOLLOTYRE)

Apollo Tyres (Nse) has an operating revenue of Rs. 22,305.11 Cr. on a trailing 12-month basis. An annual revenue growth of 20% is outstanding, Pre-tax margin of 4% needs improvement, ROE of 5% is fair but needs improvement. The company has a reasonable debt to equity of 38%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 5% and 30% from 50DMA and 200DMA. 

Apollo Tyres Share Price Target for Today:

- Current Market Price: Rs. 290

- Stop Loss: Rs. 278

- Target 1: Rs. 302

- Target 2: Rs. 314

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see Bullish Trend in APOLLOTYRE and thus making this stock as one of the best swing trade stocks.

3. BIOCON (BIOCON)

Biocon (Nse) has an operating revenue of Rs. 8,562.90 Cr. on a trailing 12-month basis. An annual revenue growth of 14% is good, Pre-tax margin of 15% is great, ROE of 7% is fair but needs improvement. The company has a reasonable debt to equity of 47%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move. 

Biocon Share Price Target for Today: 

- Current Market Price: Rs. 281

- Stop Loss: Rs. 270

- Target 1: Rs. 292

- Target 2: Rs. 304

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see On Verge Of Breakout in BIOCON hence making this stock as one of the best swing trade stocks.

4. DLF (DLF)

Dlf (Nse) has an operating revenue of Rs. 5,840.93 Cr. on a trailing 12-month basis. An annual revenue growth of 3% is not great, Pre-tax margin of 20% is great, ROE of 4% is fair but needs improvement. The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 8% above 200DMA.

DLF Share Price Target for Today:

- Current Market Price: Rs. 400

- Stop Loss: Rs. 384

- Target 1: Rs. 416

- Target 2: Rs. 432

- Holding Period: 1 week

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

5. LUPIN(LUPIN)

Lupin (Nse) has an operating revenue of Rs. 15,933.32 Cr. on a trailing 12-month basis. An annual revenue growth of 8% is good, Pre-tax margin of -8% needs improvement, ROE of -12% is poor and needs improvement. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 200DMA and around 5% above its 50DMA. It needs to stay above the 200DMA levels to make any further meaningful move.

LUPIN Share Price Target for Today: 

- Current Market Price: Rs. 747

- Stop Loss: Rs. 705

- Target 1: Rs. 790

- Target 2: Rs. 830

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see Volume Spurt in this stock hence making this LUPIN one of the best swing trade stocks.