Swing Trading Stocks: Week of 12-September-2022

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. Computer Age Management Services (CAMS)

Computer Age Management Services has an operating revenue of Rs. 945.14 Cr. on a trailing 12-month basis. An annual revenue growth of 26% is outstanding, Pre-tax margin of 42% is great, ROE of 44% is exceptional. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA.

Computer Age Management Services Share Price Target for Today:

- Current Market Price: Rs.2460

- Stop Loss: Rs.2360

- Target 1: Rs.2560

- Target 2: Rs.2670

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see rising volume in this stock hence making Computer Age Management Services, as one of the best swing trade stocks.

2. Mahindra & Mahindra Financial Services  (M&MFIN)

Mahindra & Mahindra Financial Services has an operating revenue of Rs. 11,670.18 Cr. on a trailing 12-month basis. An annual revenue de-growth of -6% needs improvement, Pre-tax margin of 13% is healthy, ROE of 6% is fair but needs improvement. The stock from a technical standpoint is comfortably placed above its key moving averages, around 11% and 28% from 50DMA and 200DMA. 

Mahindra & Mahindra Financial Services Share Price Target for Today:

- Current Market Price: Rs.224

- Stop Loss: Rs.215

- Target 1: Rs.233

- Target 2: Rs.242

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see bullish momentum in Mahindra & Mahindra Financial Services and thus making this stock as one of the best swing trade stocks.

3. Dalmia Bharat (DALBHARAT)

Dalmia Bharat has an operating revenue of Rs. 11,990.00 Cr. on a trailing 12-month basis. An annual revenue growth of 7% is good, Pre-tax margin of 10% is healthy, ROE of 7% is fair but needs improvement. The company has a reasonable debt to equity of 12%, which signals a healthy balance sheet. The stock from a technical standpoint is trading close to its 200DMA and around 9% above its 50DMA. 

Dalmia Bharat Share Price Target for Today:

- Current Market Price: Rs.1660

- Stop Loss: Rs.1594

- Target 1: Rs.1727

- Target 2: Rs.1793

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see volume spurt expected in this stock hence making Redington (India) as one of the best swing trade stocks.

4. Tech Mahindra (TECHM)

Tech Mahindra has an operating revenue of Rs. 47,156.28 Cr. on a trailing 12-month basis. An annual revenue growth of 18% is outstanding, Pre-tax margin of 17% is great, ROE of 20% is exceptional. The company has a reasonable debt to equity of 1%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 200DMA and close to its 50DMA. 

Tech Mahindra Share Price Target for Today: 

- Current Market Price: Rs.1126

- Stop Loss: Rs.1080

- Target 1: Rs.1172

- Target 2: Rs.1220

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see this stock recovery on card hence making this Tech Mahendra one of the best swing trade stocks.

5. Radico Khaitan (RADICO)

Radico Khaitan (Nse) has an operating revenue of Rs. 10,423.75 Cr. on a trailing 12-month basis. An annual revenue growth of 412% is outstanding, Pre-tax margin of 3% needs improvement, ROE of 13% is good. The company is debt free and has a strong balance sheet enabling it to report stable earnings growth across business cycles. The stock from a technical standpoint is comfortably placed above its key moving averages, around 7% and 6% from 50DMA and 200DMA.

Radico Khaitan Share Price Target for Today: 

- Current Market Price: Rs.1066

- Stop Loss: Rs.1020

- Target 1: Rs.1112

- Target 2: Rs.1152

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see on verge of breakout in Radico Khaitan hence making this stock as one of the best swing trade stocks.