Swing Trading Stocks: Week of 27 Feb 2023

Swing Trading Stocks for the Week

Check out Web-Stories for Swing Trading Stocks: Week of 27 Feb 2023

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. Aries Agro (ARIES)

Aries Agro has an operating revenue of Rs. 463.59 Cr. on a trailing 12-month basis. An annual revenue growth of 16% is outstanding, Pre-tax margin of 5% is okay, ROE of 5% is fair but needs improvement. The company has a reasonable debt to equity of 8%, which signals a healthy balance sheet. The stock from a technical standpoint is trading below to its 50DMA and around 6% up from its 200DMA.

Aries Agro Share Price Target for Today:

- Current Market Price: Rs. 164

- Stop Loss: Rs. 155

- Target 1: Rs. 173

- Target 2: Rs. 182

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects rising volume in this stock on the verge of breakout hence making ARIES, as one of the best swing trade stocks.

2. Dishman Carbogen Amcis (DCAL)

Dishman Carbogen Amc is involved in the business activities of Manufacture of medicinal substances used in the manufacture of pharmaceuticals: antibiotics, endocrine products, basic vitamins; opium derivatives; sulpha drugs; serums and plasmas; salicylic acid, its salts and esters; glycosides and vegetable alkaloids; chemically pure suger etc.. Company’s Total Operating Revenue is Rs. 302.79 Cr. and Equity Capital is Rs. 31.36 Cr. for the Year ended 31/03/2022. Dishman Carbogen Amcis Ltd. is a Public Limited Listed company incorporated on 17/07/2007 and has its registered office in the State of Gujarat, India. Company’s Corporate Identification Number(CIN) is L74900GJ2007PLC051338 and registration number is 051338.Properties has an operating revenue of Rs. 1,936.63 Cr. on a trailing 12-month basis. An annual revenue growth of 94% is outstanding, Pre-tax margin of 39% is great, ROE of 4% is fair but needs improvement. The stock from a technical standpoint is trading below to its key moving averages. It needs to take out these levels and stay above it to make any meaningful move.

Dishman Carbogen Amcis Share Price Target for Today:

- Current Market Price: Rs. 120

- Stop Loss: Rs. 112

- Target 1: Rs. 128

- Target 2: Rs. 135

- Holding Period: 1 week

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

3. Mold-Tek Technologies (MOLDTECH)

Mold Tek Technologies has an operating revenue of Rs. 132.85 Cr. on a trailing 12-month basis. An annual revenue growth of 15% is outstanding, Pre-tax margin of 18% is great, ROE of 18% is exceptional. 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 28% and 89% from 50DMA and 200DMA. 

Mold-Tek Technologies Share Price Target for Today: 

- Current Market Price: Rs. 226

- Stop Loss: Rs. 214

- Target 1: Rs. 238

- Target 2: Rs. 250

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see pullback expected in MOLDTECH hence making this stock as one of the best swing trade stocks.

4. Global Health (MEDANTA)

Global Health has an operating revenue of Rs. 4,123.14 Cr. on a trailing 12-month basis. An annual revenue growth of 49% is outstanding, Pre-tax margin of 13% is healthy, ROE of 12% is good. The company has a reasonable debt to equity of 48%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 7% and 7% from 50DMA and 200DMA.

Global Health Share Price Target for Today:

- Current Market Price: Rs. 505

- Stop Loss: Rs. 485

- Target 1: Rs. 525

- Target 2: Rs. 545

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects rising volume in this stock hence making MEDANTA as one of the best swing trade stocks.

5. Jindal Saw (JINDALSAW)

Jindal Saw (Nse) has an operating revenue of Rs. 16,649.66 Cr. on a trailing 12-month basis. An annual revenue growth of 24% is outstanding, Pre-tax margin of 5% is okay, ROE of 5% is fair but needs improvement. The company has a reasonable debt to equity of 25%, which signals a healthy balance sheet. The stock from a technical standpoint is comfortably placed above its key moving averages, around 25% and 59% from 50DMA and 200DMA.

Jindal Saw Share Price Target for Today: 

- Current Market Price: Rs. 158

- Stop Loss: Rs. 150

- Target 1: Rs. 166

- Target 2: Rs. 175

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expects bullish breakout hence making this JINDALSAW one of the best swing trade stocks.