Swing Trading Stocks: Week of 18-Apr-2022

swing trading strategies

Stock Recommendations
by 5paisa Research Team Last Updated: 2022-08-08T18:58:52+05:30

Swing Trading Stocks for the Week

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

WELCORP

BUY

212

206

218

224

AWL

BUY

636

619

653

669

TIRUMALCHM

BUY

306

297

315

326

DEEPAKFERT

BUY

677

659

695

714

THERMAX

BUY

2230

2170

2290

2350


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. Welspun Corp (WELCORP)

Welspun Corp is involved in the business activities of Manufacture of tubes, pipes and hollow profiles and of tube or pipe fittings of cast-iron/cast-steel. Company’s Total Operating Revenue is Rs.4642.11 Cr. and Equity Capital is Rs.130.44 Cr. for the Year ended 31/03/2021. Welspun Corp Ltd. is a Public Limited Listed company incorporated on 26/04/1995 and has its registered office in the State of Gujarat, India. 


WELCORP Share Price Target:

- Current Market Price: Rs.212

- Stop Loss: Rs.206

- Target 1: Rs.218

- Target 2: Rs.224

- 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 Wilmar (AWL)

Adani Wilmar is involved in the business activities of Food, beverages and tobacco products. Company’s Total Operating Revenue is Rs.37090.42 Cr. and Equity Capital is Rs.114.30 Cr. for the Year ended 31/03/2021. Adani Wilmar Ltd. is a Public Limited Listed company incorporated on 22/01/1999 and has its registered office in the State of Gujarat, India.


AWL Share Price Target: 

- Current Market Price: Rs.636

- Stop Loss: Rs.619

- Target 1: Rs.653

- Target 2: Rs.669

- 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.

 

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3. Thirumalai Chemicals (TIRUMALCHM)

Thirumalai Chem. belongs to the Industry of Chemicals - Speciality - Others. Company’s Total Operating Revenue is Rs.857.18 Cr. and Equity Capital is Rs.10.24 Cr. for the Year ended 31/03/2021. Thirumalai Chemicals Ltd. is a Public Limited Listed company incorporated on 27/11/1972 and has its registered office in the State of Maharashtra, India. 


TIRUMALCHM Share Price Target: 

- Current Market Price: Rs.306

- Stop Loss: Rs.297

- Target 1: Rs.315

- Target 2: Rs.326

- 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. Deepak Fertilizers (DEEPAKFERT)

Canara Bank is a Public Limited Listed company incorporated on 01/07/1906 and registered in the State of Maharashtra, India. Company presently involved in the business activities of Banking Business.


DEEPAKFERT Share Price Target: 

- Current Market Price: Rs.677

- Stop Loss: Rs.659

- Target 1: Rs.695

- Target 2: Rs.714

- 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. Thermax Ltd (THERMAX)

Thermax is involved in the business activities of Manufacture of organic and inorganic chemical compounds. Company’s Total Operating Revenue is Rs.3131.48 Cr. and Equity Capital is Rs.23.83 Cr. for the Year ended 31/03/2021. Thermax Ltd. is a Public Limited Listed company incorporated on 30/06/1980 and has its registered office in the State of Maharashtra, India.


THERMAX Share Price Target: 

- Current Market Price: Rs.2,230

- Stop Loss: Rs.2,170

- Target 1: Rs.2,290

- Target 2: Rs.2,350

- 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: 5 Best Shares to Buy on 18-Apr-22 

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