Swing Trading Stocks: Week of 30-May-2022

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. M&M (M&M)

Mahindra & Mahindra is involved in the business activities of manufacture of agricultural and forestry machinery. Company’s Total Operating Revenue is Rs.45040.98 Cr. and Equity Capital is Rs.597.39 Cr. for the Year ended 31/03/2021. 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.

M&M Share Price Target:

- Current Market Price: Rs.953

- Stop Loss: Rs.924

- Target 1: Rs.982

- Target 2: Rs.1,001

- Holding Period: 10 Days

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

2. Biocon Ltd (BIOCON)

Biocon is involved in the business activities of manufacture of pharmaceuticals, medicinal chemical and botanical products. Company’s Total Operating Revenue is Rs.1738.20 Cr. and Equity Capital is Rs.600.30 Cr. for the Year ended 31/03/2022. Biocon Ltd. is a Public Limited Listed company incorporated on 29/11/1978 and has its registered office in the State of Karnataka, India.

Biocon Share Price Target:

- Current Market Price: Rs.333

- Stop Loss: Rs.324

- Target 1: Rs.342

- Target 2: Rs.351

- Holding Period: 10 Days

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

3. Infosys Ltd (INFY)

Infosys is involved in the business activities of Computer programming, consultancy and related activities. Company’s Total Operating Revenue is Rs.103940.00 Cr. and Equity Capital is Rs.2103.00 Cr. for the Year ended 31/03/2022. Infosys Ltd. is a Public Limited Listed company incorporated on 02/07/1981 and has its registered office in the State of Karnataka, India.

INFOSYS LTD Share Price Target:

- Current Market Price: Rs.1,461

- Stop Loss: Rs.1,423

- Target 1: Rs.1,500

- Target 2: Rs.1,539

- Holding Period: 10 Days

5paisa Recommendation: Sideways move to end in this stock hence it is recommended to add this stock in your list of best swing trade stocks.

4. Tata Steel (TATASTEEL)

Tata Steel is involved in the business activities of manufacture of basic iron and steel. Company’s Total Operating Revenue is Rs.129021.35 Cr. and Equity Capital is Rs.1222.37 Cr. for the Year ended 31/03/2022. Tata Steel Ltd. is a Public Limited Listed company incorporated on 26/08/1907 and has its registered office in the State of Maharashtra, India.

Tata Steel Share Price Target:

- Current Market Price: Rs.1,044

- Stop Loss: Rs.1,018

- Target 1: Rs.1,070

- Target 2: Rs.1,100

- Holding Period: 10 Days

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

5. Sharda Cropchem (SHARDACROP)

Sharda Cropchem is involved in the business activities of Wholesale of fertilizers and agrochemical products. Company’s Total Operating Revenue is Rs.2032.62 Cr. and Equity Capital is Rs.90.22 Cr. for the Year ended 31/03/2021. Sharda Cropchem Ltd. is a Public Limited Listed company incorporated on 12/03/2004 and has its registered office in the State of Maharashtra, India.

Sharda Cropchem Share Price Target:

- Current Market Price: Rs.740

- Stop Loss: Rs.721

- Target 1: Rs.760

- Target 2: Rs.785

- Holding Period: 10 Days

5paisa Recommendation: Our technical experts see recovery on cards in this stock hence making this stock as one of the best swing trade stocks.