Swing Trading Strategies for the week : November 22, 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 November 22

1. Godrej Industries (GODREJIND)

GODREJIND Stock Price Details:

- Current Market Price: Rs. 602

- Stop Loss: Rs. 586

- Target 1: Rs. 620

- Target 2: Rs. 641

- Holding Period: 10 Days

5paisa Recommendation: Our technical experts see further buying expected in this stock hence making this stock best stock to buy.

2. IRB Infrastructure (IRB)

IRB Stock Price Details: 

- Current Market Price: Rs. 221

- Stop Loss: Rs. 215

- Target 1: Rs. 229

- Target 2: Rs. 236

- Holding Period: 10 Days

5paisa Recommendation: Our technical experts sideways move to end in this stock hence making this stock best stock to buy.

3. Dhani Services (DHANI)

DHANI Stock Price Details: 

- Current Market Price: Rs. 177

- Stop Loss: Rs. 172

- Target 1: Rs. 183

- Target 2: Rs. 190

- Holding Period: 10 Days

5paisa Recommendation: Our technical experts see recovery on cards in this stock hence making this stock best stock to buy.

4. State Bank (SBIN)

SBIN Stock Price Details: 

- Current Market Price: Rs. 504

- Stop Loss: Rs. 495

- Target 1: Rs. 514

- Target 2: Rs. 526

- Holding Period: 10 Days

5paisa Recommendation: Our technical experts see positive chart in this stock hence making this stock best stock to buy.

5. BSE Ltd (BSE)

BSE Stock Price Details: 

- Current Market Price: Rs. 1,603

- Stop Loss: Rs. 1,565

- Target 1: Rs. 1,646

- Target 1: Rs. 1,680

- Holding Period: 10 Days

5paisa Recommendation: Positive momentum in stock is expected and thus making this stock as one of the best stocks to buy today.