Swing Trading Stocks: Week of 11 March 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. Tata Consumer Products (TATACONSUM)

Tata Consumer Produc is involved in the business activities of Manufacture of mineral water. Company’s Total Operating Revenue is Rs. 8538.82 Cr. and Equity Capital is Rs. 92.90 Cr. for the Year ended 31/03/2023. Tata Consumer Products Ltd. is a Public Limited Listed company incorporated on 18/10/1962 and has its registered office in the State of West Bengal, India. 

Tata Consumer Products share price  Target for this week:

• Current Market Price: ₹ 1262

• Stop Loss: ₹1224

• Target 1: ₹1300

• Target 2: ₹1338

• Holding Period: 1 week

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

2. Divi's Laboratories (DIVISLAB)

Divi's Lab is involved in the business activities of Manufacture of other pharmaceutical and botanical products like hina powder etc.. Company’s Total Operating Revenue is Rs. 7625.30 Cr. and Equity Capital is Rs. 53.09 Cr. for the Year ended 31/03/2023. Divi's Laboratories Ltd. is a Public Limited Listed company incorporated on 12/10/1990 and has its registered office in the State of Telangana, India. 

Divi's Laboratories share price Target for this week: 

• Current Market Price: ₹3602

• Stop Loss: ₹3475

• Target 1: ₹3730

• Target 2: ₹3850

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects RECOVERY ON CARD in Divi's Lab hence making this stock as one of the best swing trade stocks.

3. Nelco (NELCO)

Nelco Ltd is involved in the business activities of Installation of telecommunications wiring, computer network and cable television wiring, including fibre optic, satellite dishes. Company’s Total Operating Revenue is Rs. 197.04 Cr. and Equity Capital is Rs. 22.82 Cr. for the Year ended 31/03/2023. Nelco Ltd. is a Public Limited Listed company incorporated on 31/08/1940 and has its registered office in the State of Maharashtra, India. 

Nelco Share Price Target for this week:

• Current Market Price: ₹810

• Stop Loss: ₹770

• Target 1: ₹850

• Target 2: ₹890

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects VOLUME SPURT in this stock hence making Nelco as one of the best swing trade stocks.

4. Century Textiles & Industries (CENTURYTEX)

Century Textiles is involved in the business activities of Manufacture of paper and paper rolls not further processed. Company’s Total Operating Revenue is Rs. 4795.21 Cr. and Equity Capital is Rs. 111.69 Cr. for the Year ended 31/03/2023. Century Textiles & Industries Ltd. is a Public Limited Listed company incorporated on 20/10/1897 and has its registered office in the State of Maharashtra, India.

Century Textiles & Industries Share Price Target for this week: 

• Current Market Price: ₹1530

• Stop Loss: ₹1470

• Target 1: ₹1590

• Target 2: ₹1650

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects ON THE VERGE OF BREAKOUT in this stock hence making this Century Textiles & Industries one of the best swing trade stocks.

5. Hindustan Aeronautics (HAL)

Hindustan Aeronautic is involved in the business activities of Repair of transport equipment, except motor vehicles. Company’s Total Operating Revenue is Rs. 26927.85 Cr. and Equity Capital is Rs. 334.39 Cr. for the Year ended 31/03/2023. 

Hindustan Aeronautics Share Price Target for this week: 

• Current Market Price: ₹3317

• Stop Loss: ₹3217

• Target 1: ₹3420

• Target 2: ₹3515

• Holding Period: 1 week

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