Swing Trading Stocks 29 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: ₹ 1045

• Stop Loss: ₹1013

• Target 1: ₹1077

• Target 2: ₹1105

• 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. InterGlobe Aviation (INDIGO)

Interglobe Aviation is involved in the business activities of Passenger airways. Company’s Total Operating Revenue is Rs. 54446.45 Cr. and Equity Capital is Rs. 385.55 Cr. for the Year ended 31/03/2023. InterGlobe Aviation Ltd. is a Public Limited Listed company incorporated on 13/01/2004 and has its registered office in the State of Delhi, India.

INDIGO share price Target for this week: 

• Current Market Price: ₹3935

• Stop Loss: ₹3825

• Target 1: ₹4045

• Target 2: ₹4155

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects BULLISH MOMENTUM in INDIGO hence making this stock as one of the best swing trade stocks.

3. Divi's Laboratories (DIVISLAB)

Divi's Lab is involved in the business activities of Manufacture of other pharmaceutical and botanical products like hina powder etc.. Company’s Total Operating Revenue is Rs. 7625.30 Cr. and Equity Capital is Rs. 53.09 Cr. for the Year ended 31/03/2023. Divi's Laboratories Ltd. is a Public Limited Listed company incorporated on 12/10/1990 and has its registered office in the State of Telangana, India.

DIVISLAB Share Price Target for this week:

• Current Market Price: ₹4017

• Stop Loss: ₹3896

• Target 1: ₹4140

• Target 2: ₹4250

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects BULLISH BREAKOUT in this stock hence making DIVISLAB as one of the best swing trade stocks.

4. Rural Electrification Corporation (RECLTD)

Rec is involved in the business activities of Other credit granting. Company’s Total Operating Revenue is Rs. 39208.06 Cr. and Equity Capital is Rs. 2633.22 Cr. for the Year ended 31/03/2023. REC Ltd. is a Public Limited Listed company incorporated on 25/07/1969 and has its registered office in the State of Delhi, India.

REC LTD Share Price Target for this week: 

• Current Market Price: ₹457

• Stop Loss: ₹439

• Target 1: ₹475

• Target 2: ₹493

• Holding Period: 1 week

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

5. Havells India (HAVELLS)

Havells India is involved in the business activities of Manufacture of other electronic and electric wires and cables. Company’s Total Operating Revenue is Rs. 16868.38 Cr. and Equity Capital is Rs. 62.65 Cr. for the Year ended 31/03/2023. Havells India Ltd. is a Public Limited Listed company incorporated on 08/08/1983 and has its registered office in the State of Delhi, India. 

HAVELLS Share Price Target for this week: 

• Current Market Price: ₹1640

• Stop Loss: ₹1590

• Target 1: ₹1692

• Target 2: ₹1730

• Holding Period: 1 week

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