Swing Trading Stocks

Swing Trading Stocks for the Week

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. Torrent Pharmaceuticals (TORNTPHARM)

Torrent Pharmac is involved in the business activities of Manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs. 7695.20 Cr. and Equity Capital is Rs. 169.23 Cr. for the Year ended 31/03/2023. Torrent Pharmaceuticals Ltd. is a Public Limited Listed company incorporated on 15/07/1972 and has its registered office in the State of Gujarat, India.

Torrent Pharmaceuticals Share Price Target for this week:

• Current Market Price: ₹2735

• Stop Loss: ₹2645

• Target 1: ₹2825

• Target 2: ₹2910

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects BULLISH TREND in this stock hence making Torrent Pharmaceuticals, as one of the best swing trade stocks.

2. KPIT Technologies (KPITTECH)

Kpit Technologies is involved in the business activities of Architectural and engineering activities and related technical consultancy. Company’s Total Operating Revenue is Rs. 1516.43 Cr. and Equity Capital is Rs. 270.35 Cr. for the Year ended 31/03/2023. KPIT Technologies Ltd. is a Public Limited Listed company incorporated on 08/01/2018 and has its registered office in the State of Maharashtra, India.

KPIT Technologies Share Price Target for this week:

• Current Market Price: ₹1537

• Stop Loss: ₹1490

• Target 1: ₹1585

• Target 2: ₹1625

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects ON THE VERGE OF BREAKOUT in KPIT Technologies hence making this stock as one of the best swing trade stocks.

3.  Oil And Natural Gas Corporation (ONGC)

ONGC is involved in the business activities of Extraction of crude petroleum. Company’s Total Operating Revenue is Rs. 144513.45 Cr. and Equity Capital is Rs. 6290.14 Cr. for the Year ended 31/03/2023. Oil And Natural Gas Corporation Ltd. is a Public Limited Listed company incorporated on 23/06/1993 and has its registered office in the State of Delhi, India.

ONGC Share Price Target for this week:

• Current Market Price: ₹286

• Stop Loss: ₹275

• Target 1: ₹297

• Target 2: ₹308

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects BULLISH TREND in this stock hence making ONGC as one of the best swing trade stocks.

4. BIRLASOFT FUTURES (BSOFT)

Birlasoft is involved in the business activities of Writing , modifying, testing of computer program to meet the needs of a particular client excluding web-page designing. Company’s Total Operating Revenue is Rs. 2417.24 Cr. and Equity Capital is Rs. 54.97 Cr. for the Year ended 31/03/2023. Birlasoft Ltd. is a Public Limited Listed company incorporated on 28/12/1990 and has its registered office in the State of Maharashtra, India.

BIRLASOFT FUTURES Share Price Target for this week:

• Current Market Price: ₹640

• Stop Loss: ₹656

• Target 1: ₹624

• Target 2: ₹608

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects BEARISH MOMENTUM in this stock hence making this  BIRLASOFT one of the best swing trade stocks.

5. HUL FUTURES  (HINDUNILVR)

Hindustan Unilever L is involved in the business activities of Manufacture of prepared meals and dishes. Company’s Total Operating Revenue is Rs. 60469.00 Cr. and Equity Capital is Rs. 235.00 Cr. for the Year ended 31/03/2024. Hindustan Unilever Ltd. is a Public Limited Listed company incorporated on 17/10/1933 and has its registered office in the State of Maharashtra, India

HUL FUTURES Share Price Target for this week:

• Current Market Price: ₹2228

• Stop Loss: ₹2285

• Target 1: ₹2171

• Target 2: ₹2115

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects NEGATIVE CROSSOVER IN RSI in this stock hence making this HUL FUTURES one of the best swing trade stocks.