Top swing trading ideas you should not miss!

resr 5paisa Research Team 7th December 2021 - 04:52 pm
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Best Swing Trading ideas based on price and volume percentage surge. Titan, Delta Corp, and Dilip Buildcon 

Price and volume are two of the most prominent inputs used by traders across the world while swing trading. When used in isolation, they reveal very little but when used in conjunction, they help us to sort the wheat from the chaff. So, this swing trading system is based on the deadly combination of price and volume percentage surge, which helps us to discover high probability swing-trading candidates.

So, here is the list of stocks that fulfil the criteria of volume and price surge and as a result, they flash in our swing-trading system:

Titan: The stock of Titan has been consolidating since quite some time. Today, the stock outperformed the broader indices and is up by 2.38%. It formed a strong green candle with bigger volume suggesting a possible trend in coming days. The stock closed above its 20-DMA today and now trades above all the key moving averages. Since the stock closed at its high, one can witness Titan to make newer highs in upcoming days.

Delta Corp: The stock zoomed about 5.69% to close at 258.40 in Tuesday’s trading session. It is in correction mode since a week and is trading below 20 and 50-DMA. After today’s performance, the stock has closed just below its 20_DMA and look to break the range of 245-260 on the upside. If it breaks out of with heavy volume, one can see the stock to reclaim the 275-level soon. Looking at today’s strong candle, one can expect a big momentum that is about to come and is a good stock for swing trade.

Dilip Buildcon: The stock rocketed about 7% on Tuesday. The stock took the support at 488 and has reversed sharply. The stock closed above 20 and 50-DMA with huge volumes. Almost 4 time the previous day’s volume was recorded today. The next hurdle is the 200-DMA. Any closing above this will confirm the uptrend and the stock is ready to reclaim the levels of 650 and beyond.

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