Top swing trading ideas you should not miss!

Top swing trading ideas you should not miss!

by 5paisa Research Team Last Updated: Nov 17, 2021 - 04:01 pm 46k Views
Listen icon

Best Swing Trading ideas based on price and volume percentage surge. Asian Paints, Eid Parry, and Sharda Cropchem.

Price and volume are two of the most prominent inputs used by traders across the world while swing trading. When used in isolation, they reveal very little but when used in conjunction, they help us to sort the wheat from the chaff. So, this swing trading system is based on the deadly combination of price and volume percentage surge, which helps us to discover high probability swing-trading candidates.

So, here is the list of stocks that fulfil the criteria of volume and price surge and as a result, they flash in our swing-trading system:

Asian Paints: The stock gained a healthy 2.5% on Wednesday as it looks to regain momentum after the recent slump. It closed just above the 50-DMA with an above-average volume. The stock formed a strong green candle on the chart with a bigger volume which was well above its 10-day and 30-day daily average volume. RSI is going strong at 57 showing strength. Considering its strong price action, Traders must include this stock in their watchlist for upcoming days. The stock looks attractive for swing trading.

Eid Parry: Eid Parry gained 2% on the trading session that ended Wednesday. It was trading firmly in green throughout the day but witnessed some correction in the last 15 minutes. It is currently trading above all its key moving average and RSI shows strength at 65. Today, above-average volume was recorded in the daily time frame. The stock looks technically strong, and with higher volumes, it can finally break its all-time high level of 533 in the coming days. Swing traders should closely watch this stock for quick profits. 

Sharda Cropchem: The stock rose 4.31% in Wednesday’s trading session. The stock has been underperforming for several weeks as it looks to gain momentum. It closed above key moving averages today showing a healthy sign of recovery. The stock has witnessed higher volumes today and we could possibly see a trend in the coming days. RSI is positioned at 59 and looks to gain momentum. This is an ideal candidate for swing trading and traders must include this stock in their watchlist for upcoming days.

Share Market Today


How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

378X91-D3

About the Author

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


Enjoy 0%* Brokerage with 5paisa
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Blue Pebble IPO Subscribed 56.32 times

Blue Pebble IPO, valued at ₹18.14 crores, comprises fresh issue of 10.8 lakh shares. Commencing subscription on March 26, 2024, Blue Pebble IPO is set to conclude on March 28, 2024. Allotment process is scheduled to be finalized by Monday, April 1, 2024. Following this, IPO is slated to debut on NSE SME, with tentative listing date of Wednesday, April 3, 2024.

SRM Contractors IPO Subscribed 86.56 times

SRM Contractors IPO is book built issue of Rs 130.20 crores, comprising entirely of fresh issue of 0.62 crore shares. SRM Contractors IPO opens for subscription on March 26, 2024, & closes on March 28, 2024.  Allotment for SRM Contractors IPO is expected to be finalized on Monday, April 1, 2024.

What you Must know about Bharti Hexacom IPO?

About Bharti Hexacom IPO Established in 1995, Bharti Hexacom is a telecommunications provider o