Swing Trading Strategies for the week : December 13, 2021

5paisa research provides investors with the best short-term and long-term investing ideas. Every morning we offer 5 best stocks to buy, in the afternoon we provide five best buy today and sell tomorrow (BTST) ideas, while at the beginning of every week we provide five best swing trading ideas. We regularly update our success rate and issue special commentary during special market events.

Swing Trading: What is Swing Trading?

Swing Trading is a kind of fundamental trading strategy where positions are held for more than a single day. Since corporate fundamentals generally require several days or even a week to cause sufficient price movement to render a reasonable profit, most swing traders are also considered fundamentalists as well.

Some others also explain swing trading as a trading strategy in the middle of day trading and trend trading. While day traders hold stocks not more than a day the trend trader holds stocks as for a week or even a month or months based on fundamental trends. Swing traders trade in a particular stock based on intra-week or intra-month oscillations between pessimism and optimism.

Best Swing Trading Strategies for the week December 13

1. Godrej Properties (GODREJPROP)

Godrej Properties Lt is involved in the business activities of Construction of buildings. Company’s Total Operating Revenue is Rs. 570.42 Cr. and Equity Capital is Rs. 138.97 Cr. for the Year ended 31/03/2021. Godrej Properties Ltd. is a Public Limited Listed company incorporated on 08/02/1985 and has its registered office in the State of Maharashtra, India.
 

GODREJPROP Stock Price Details:

- Current Market Price: Rs. 2,099

- Stop Loss: Rs. 2,045

- Target 1: Rs. 2,160

- Target 2: Rs. 2,235

- 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.

2. Oberoi Realty (OBEROIRLTY)

Oberoi Realty is involved in the business activities of Construction of buildings. Company’s Total Operating Revenue is Rs. 849.67 Cr. and Equity Capital is Rs. 363.60 Cr. for the Year ended 31/03/2021. Oberoi Realty Ltd. is a Public Limited Listed company incorporated on 08/05/1998 and has its registered office in the State of Maharashtra, India.
 

OBEROIRLTY Stock Price Details: 

- Current Market Price: Rs. 906

- Stop Loss: Rs. 881

- Target 1: Rs. 933

- Target 2: Rs. 958

- Holding Period: 10 Days

5paisa Recommendation: Our technical experts see sideways move to end in this stock hence making this stock as one of the best swing trade stocks.

3. Canara Bank (CANBK)

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.
 

CANBK Stock Price Details: 

- Current Market Price: Rs. 222

- Stop Loss: Rs. 216

- Target 1: Rs. 229

- Target 2: Rs. 237

- Holding Period: 10 Days

5paisa Recommendation: Further buying is expected in this stock and hence it is recommended to add this in your best swing trade stocks list.

4. BSE LTD (BSE)

Bse is involved in the business activities of Administration of financial markets. Company’s Total Operating Revenue is Rs. 537.48 Cr. and Equity Capital is Rs. 9.00 Cr. for the Year ended 31/03/2021. BSE Ltd. is a Public Limited Listed company incorporated on 08/08/2005 and has its registered office in the State of Maharashtra, India.
 

BSE Stock Price Details: 

- Current Market Price: Rs. 2,102

- Stop Loss: Rs. 2,045

- Target 1: Rs. 2,160

- Target 2: Rs. 2,250

- 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.

5. Devyani International (DEVYANI)

Devyani International is involved in the business activities of Food and beverage services provided by hotels, restaurants, caterers, etc.. Company’s Total Operating Revenue is Rs. 998.76 Cr. and Equity Capital is Rs. 115.36 Cr. for the Year ended 31/03/2021. Devyani International Ltd. is a Public Limited Listed company incorporated on 13/12/1991 and has its registered office in the State of Delhi, India. 

DEVYANI Stock Price Details: 

- Current Market Price: Rs. 189

- Stop Loss: Rs. 184

- Target 1: Rs. 195

- Target 1: Rs. 206

- 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.