Swing Trading Stocks: Week of 15 April 2024

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. IRCTC (IRCTC)

IRCTC is involved in the business activities of Restaurants and mobile food service activities. Company’s Total Operating Revenue is Rs. 3541.47 Cr. and Equity Capital is Rs. 160.00 Cr. for the Year ended 31/03/2023. Indian Railway Catering & Tourism Corporation Ltd. is a Public Limited Listed company incorporated on 27/09/1999 and has its registered office in the State of Delhi, India.

IRCTC Share Price Target for this week:

• Current Market Price: ₹1058

• Stop Loss: ₹1016

• Target 1: ₹1100

• Target 2: ₹1140

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects RISING VOLUME in this stock hence making IRCTC, as one of the best swing trade stocks.

2. Radico Khaitan (RADICO)

Radico Khaitan is involved in the business activities of Distilling, rectifying and blending of spirits; ethyl alcohol production from fermented materials. Company’s Total Operating Revenue is Rs. 3142.82 Cr. and Equity Capital is Rs. 26.73 Cr. for the Year ended 31/03/2023. Radico Khaitan Ltd. is a Public Limited Listed company incorporated on 21/07/1983 and has its registered office in the State of Uttar Pradesh, India. 

Radico Khaitan Share Price Target for this week:

• Current Market Price: ₹1768

• Stop Loss: ₹1688

• Target 1: ₹1850

• Target 2: ₹1925

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects VOLUME SPURT in Radico Khaitan hence making this stock as one of the best swing trade stocks.

3. Brigade Enterprises (BRIGADE)

Brigade Enterprises is involved in the business activities of Real estate activities with own or leased property. Company’s Total Operating Revenue is Rs. 2208.74 Cr. and Equity Capital is Rs. 230.73 Cr. for the Year ended 31/03/2023. Brigade Enterprises Ltd. is a Public Limited Listed company incorporated on 08/11/1995 and has its registered office in the State of Karnataka, India.

Brigade Enterprises Share Price Target for this week:

• Current Market Price: ₹1003

• Stop Loss: ₹966

• Target 1: ₹1040

• Target 2: ₹1075

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects ON THE VERGE OF BREAKOUT in this stock hence making Brigade Enterprises as one of the best swing trade stocks.

4. Delhivery (DELHIVERY)

Delhivery L belongs to the Industry of Logistics - Warehousing/Supply Chain/Others. Company’s Total Operating Revenue is Rs. 6658.66 Cr. and Equity Capital is Rs. 72.87 Cr. for the Year ended 31/03/2023. Delhivery Ltd. is a Public Limited Listed company incorporated on 22/06/2011 and has its registered office in the State of Delhi, India.

Delhivery Share Price Target for this week:

• Current Market Price: ₹465

• Stop Loss: ₹445

• Target 1: ₹485

• Target 2: ₹505

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects POSITIVE CROSSOVER IN RSI in this stock hence making this Delhivery one of the best swing trade stocks.

5. Syngene International (SYNGENE)

Syngene International is involved in the business activities of Scientific research and development. Company’s Total Operating Revenue is Rs. 3193.50 Cr. and Equity Capital is Rs. 401.40 Cr. for the Year ended 31/03/2023. Syngene International Ltd. is a Public Limited Listed company incorporated on 18/11/1993 and has its registered office in the State of Karnataka, India.

Syngene International Share Price Target for this week:

• Current Market Price: ₹749

• Stop Loss: ₹710

• Target 1: ₹788

• Target 2: ₹820

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects RISING VOLUME in this stock hence making this Syngene International one of the best swing trade stocks.