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5 swing trading ideas for the week
Last Updated: 7th September 2023 - 05:09 pm
5paisa.com analysts have been providing the best stock ideas periodically to help investors decide on their trading and investing strategies better. We provide 5 best momentum stocks to buy every morning and 5 best buy today sell tomorrow (BTST) ideas during the last trading hour.
Best swing trading ideas
Before using our swing trading ideas let us understand what is swing trading. Swing trading is a type of trading which tries to catch short- to medium-term gains in a share over a period of a few days to several weeks. 5paisa analysts use sophisticated technical analysis tools to find the best BTST ideas that provide best trading options to traders.
Best swing trading ideas for this week
Here are the best swing trading ideas for this week. Happy trading!
Swing trading idea 1
CAPLIN POINT LABORATORIES (CAPLINPOINT)
Current Market Price (CMP): 831.15
Stop Loss (SL): 815
Target Price (TP): 885
Holding Period: one week
Reasons: Renewed buying seen
Swing trading idea 2
Indo Count Industries (ICIL)
Current Market Price (CMP):276.65
Stop Loss (SL): 270
Target Price (TP): 293
Holding Period: one week
Reasons: Renewed buying with strong volumes seen
Swing trading idea 3
BAJAJ ELECTRIC (BAJAJELEC)
Current Market Price (CMP): 1267
Stop Loss (SL): 1230
Target Price (TP): 1350
Holding Period: one week
Reasons: Uptrend likely to resume
Swing trading idea 4
JUBILANT FOODWORKS (JUBLFOOD)
Current Market Price (CMP): 4147
Stop Loss (SL): 4090
Target Price (TP): 4370
Holding Period: one week
Reasons: Expect momentum to get stronger
Swing trading idea 5
INDIA MART (INDIAMART)
Current Market Price (CMP): 8977
Stop Loss (SL): 8600
Target Price (TP): 9450
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5paisa Research Team
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