Swing Trading Stocks: Week of 23-May-2022

swing trading strategies on 23-may-22

Stock Recommendations
by 5paisa Research Team Last Updated: 2022-08-08T19:00:57+05:30

Swing Trading Stocks for the Week

 

STOCK

ACTION

CMP

SL

TARGET 1

TARGET 2

ADANIENT

BUY

2220

2160

2281

2335

TV18BRDCST

BUY

41.5

40

43

44.5

TATAMTRDVR

BUY

202

196

208

213

HDFCBANK

BUY

1321

1284

1358

1390

CAMS

BUY

2251

2192

2310

2365


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. Adani Enterprises (ADANIENT)

Adani Enterprises Ltd is involved in the business activities of other non-specialised wholesale trade. Company’s Total Operating Revenue is Rs.26824.05 Cr. and Equity Capital is Rs.109.98 Cr. for the Year ended 31/03/2022. Adani Enterprises Ltd. is a Public Limited Listed company incorporated on 02/03/1993 and has its registered office in the State of Gujarat, India.


ADANIENT Share Price Target:

- Current Market Price: Rs.2,220

- Stop Loss: Rs.2,160

- Target 1: Rs.2,281

- Target 2: Rs.2,335

- 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. TV18 BROADCAST (TV18BRDCST)

Tv18 Broadcast is involved in the business activities of television programming and broadcasting activities. Company’s Total Operating Revenue is Rs.1262.15 Cr. and Equity Capital is Rs.342.87 Cr. for the Year ended 31/03/2022. TV18 Broadcast Ltd. is a Public Limited Listed company incorporated on 06/06/2005 and has its registered office in the State of Maharashtra, India.


TV18BRDCST Share Price Target

- Current Market Price: Rs.41.5

- Stop Loss: Rs.40

- Target 1: Rs.43

- Target 2: Rs.44.5

- 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. TATAMTRDVR (TATAMTRDVR)

Tata Motors Ltd. is involved in the business activities of sale of motor vehicle parts and accessories. Company’s Total Operating Revenue is Rs.47031.47 Cr. and Equity Capital is Rs.765.81 Cr. for the Year ended 31/03/2021. Tata Motors Ltd. is a Public Limited Listed company incorporated on 01/09/1945 and has its registered office in the State of Maharashtra, India.


TATAMTRDVR Share Price Target

- Current Market Price: Rs.202

- Stop Loss: Rs.196

- Target 1: Rs.208

- Target 2: Rs.213

- 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. HDFC Bank (HDFCBANK)

HDFC Bank is involved in the business activities of monetary intermediation of commercial banks, saving banks. postal savings bank and discount houses. Company’s Total Operating Revenue is Rs.127753.11 Cr. and Equity Capital is Rs.554.55 Cr. for the Year ended 31/03/2022. HDFC Bank Ltd. is a Public Limited Listed company incorporated on 30/08/1994 and has its registered office in the State of Maharashtra, India. 


HDFCBANK Share Price Target

- Current Market Price: Rs.1,321

- Stop Loss: Rs.1,284

- Target 1: Rs.1,358

- Target 2: Rs.1,390

- 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. Computer Age (CAMS)

Computer Age Management is involved in the business activities of other financial activities. Company’s Total Operating Revenue is Rs.863.77 Cr. and Equity Capital is Rs.48.90 Cr. for the Year ended 31/03/2022. Computer Age Management Services Ltd. is a Public Limited Listed company incorporated on 25/05/1988 and has its registered office in the State of Tamil Nadu, India.


CAMS Share Price Target

- Current Market Price: Rs.2,251

- Stop Loss: Rs.2,192

- Target 1: Rs.2,310

- Target 2: Rs.2,365

- 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.

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About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/Trading is subject to market risk, past performance doesn’t guarantee future performance. The risk of trading/investment loss in securities markets can be substantial. Also, the above report is compiled from data available on public platforms.

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