Swing Trading Stocks: Week of 01 April 2024

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. State Bank of India (SBI)

State Bank of India is a Public Limited Listed company incorporated on 31/12/1955 and registered in the State of Maharashtra, India.

State Bank of India Share Price  Target for this week:

• Current Market Price: ₹752

• Stop Loss: ₹730

• Target 1: ₹770

• Target 2: ₹790

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects PULLBACK FROM SUPPORT in this stock hence making State Bank of India, as one of the best swing trade stocks.

2. Eicher Motors (EICHER MOTORS)

icher Motors is involved in the business activities of Manufacture of motorcycles. Company’s Total Operating Revenue is Rs. 14066.64 Cr. and Equity Capital is Rs. 27.35 Cr. for the Year ended 31/03/2023. Eicher Motors Ltd. is a Public Limited Listed company incorporated on 14/10/1982 and has its registered office in the State of Delhi, India.

Eicher Motors Share Price Target for this week: 

• Current Market Price: ₹4019

• Stop Loss: ₹3890

• Target 1: ₹4150

• Target 2: ₹4250

• Holding Period: 1 week

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

3. Larsen & Toubro (LT)

L&T is involved in the business activities of Construction of utility projects. Company’s Total Operating Revenue is Rs. 110500.98 Cr. and Equity Capital is Rs. 281.10 Cr. for the Year ended 31/03/2023. Larsen & Toubro Ltd. is a Public Limited Listed company incorporated on 07/02/1946 and has its registered office in the State of Maharashtra, India.

Larsen & Toubro Share Price Target for this week:

• Current Market Price: ₹3764

• Stop Loss: ₹3600

• Target 1: ₹3900

• Target 2: ₹4050

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects BREAKOUT FROM CONSOLIDATION in this stock hence making Larsen & Toubro as one of the best swing trade stocks.

4. Container Corporation of India (CONCOR)

Container Corpor is involved in the business activities of T ransport via railways. Company’s Total Operating Revenue is Rs. 8103.40 Cr. and Equity Capital is Rs. 304.65 Cr. for the Year ended 31/03/2023. Container Corporation of India Ltd. is a Public Limited Listed company incorporated on 10/03/1988 and has its registered office in the State of Delhi, India.

Container Corporation of India Share Price Target for this week: 

• Current Market Price: ₹882

• Stop Loss: ₹864

• Target 1: ₹900

• Target 2: ₹920

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects POSITIVE CROSSOVER in this stock hence making this Container Corporation of India one of the best swing trade stocks.

5. Mahindra & Mahindra (M&M)

Mahi. & Mahi is involved in the business activities of Manufacture of machinery for mining, quarrying and construction. Company’s Total Operating Revenue is Rs. 84960.26 Cr. and Equity Capital is Rs. 599.05 Cr. for the Year ended 31/03/2023. Mahindra & Mahindra Ltd. is a Public Limited Listed company incorporated on 02/10/1945 and has its registered office in the State of Maharashtra, India.

Mahindra & Mahindra Share Price Target for this week: 

• Current Market Price: ₹1921

• Stop Loss: ₹1866

• Target 1: ₹1970

• Target 2: ₹2000

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects RISING VOLUME in this stock hence making this Mahindra & Mahindra one of the best swing trade stocks.