Swing Trading Stocks: Week of 22-Aug-2022

Swing Trading Stocks for 22nd August 2022
Swing Trading Stocks for 22nd August 2022

Stock Recommendations
by Sachin Gupta Last Updated: 2022-08-19T19:04:18+05:30

Swing Trading Stocks for the Week
 

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

KPIGREEN

BUY

874

839

910

943

SPARC

BUY

241

231

251

262

EMAMILTD

BUY

486

462

510

534

CYIENT

BUY

847

813

881

915

DRREDDY

SELL

4185

4268

4101

4018

 

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. KPI GREEN Energy (KPIGREEN)

Kpi Green Energy is involved in the business activities of Electric power generation using solar energy. Company’s Total Operating Revenue is Rs. 219.02 Cr. and Equity Capital is Rs. 18.07 Cr. for the Year ended 31/03/2022. KPI Green Energy Ltd. is a Public Limited Listed company incorporated on 01/02/2008 and has its registered office in the State of Gujarat, India. 

KPI Green Energy Share Price Target for Today:

- Current Market Price: Rs.874

- Stop Loss: Rs.839

- Target 1: Rs.910

- Target 2: Rs.943

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see bullish momentum in this stock hence making KPI Green Enery, as one of the best swing trade stocks.

 

2. Sun Pharma Advanced Research Company (SPARC)

Sun Pharma Advanced is involved in the business activities of Research and experimental development on natural sciences and engineering. Company’s Total Operating Revenue is Rs. 252.96 Cr. and Equity Capital is Rs. 26.21 Cr. for the Year ended 31/03/2021. Sun Pharma Advanced Research Company Ltd. is a Public Limited Listed company incorporated on 01/03/2006 and has its registered office in the State of Gujarat, India.

Sun Pharma Advanced Research Company Share Price Target for Today:

- Current Market Price: Rs.241

- Stop Loss: Rs.231

- Target 1: Rs.251

- Target 2: Rs.262

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see volume spurt in Sun Pharma Advanced Research Company and thus making this stock as one of the best swing trade stocks.

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3. Emami (EMAMILTD)

Emami is involved in the business activities of Manufacture of `ayurvedic’ or `unani’ pharmaceutical preparation. Company’s Total Operating Revenue is Rs. 2866.87 Cr. and Equity Capital is Rs. 44.12 Cr. for the Year ended 31/03/2022. Emami Ltd. is a Public Limited Listed company incorporated on 11/03/1983 and has its registered office in the State of West Bengal, India.

Emami Share Price Target for Today:

- Current Market Price: Rs.486

- Stop Loss: Rs.462

- Target 1: Rs.510

- Target 2: Rs.534

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see bullish breakout expected in this stock hence making Emami as one of the best swing trade stocks.

 

4. Cyient (CYIENT)

Cyient Ltd. is involved in the business activities of Other information technology and computer service activities n.e.c. Company’s Total Operating Revenue is Rs. 1750.50 Cr. and Equity Capital is Rs. 55.20 Cr. for the Year ended 31/03/2022. Cyient Ltd. is a Public Limited Listed company incorporated on 28/08/1991 and has its registered office in the State of Andhra Pradesh, India.

Cyient Share Price Target for Today

- Current Market Price: Rs.847

- Stop Loss: Rs.813

- Target 1: Rs.881

- Target 2: Rs.915

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see this stock on the verge of breakout hence making this Cyient stock as one of the best swing trade stocks.

5. Dr. Reddy's Laboratories (DRREDDY)

Dr. Reddy's Labs is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs. 14405.20 Cr. and Equity Capital is Rs. 83.20 Cr. for the Year ended 31/03/2022. Dr. Reddy's Laboratories Ltd. is a Public Limited Listed company incorporated on 24/02/1984 and has its registered office in the State of Telangana, India.

Dr. Reddy's Lab Share Price Target for Today

- Current Market Price: Rs.4185

- Stop Loss: Rs.4268

- Target 1: Rs.4101

- Target 2: Rs.4018

- Holding Period: 1 week

5paisa Recommendation: Our technical experts are expecting Downfall in Dr. Reddy's Labs 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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