Swing Trading Stocks for the week : December 27, 2021

5paisa research provides investors with the best short-term and long-term investing ideas. Every morning we offer 5 best stocks to buy, in the afternoon we provide five best buy today and sell tomorrow (BTST) ideas, while at the beginning of every week we provide a list of five best swing trade stocks. We regularly update our success rate and issue special commentary during special market events.

Swing Trading: What is Swing Trading?

Swing Trading is a kind of fundamental trading strategy where positions are held for more than a single day. Since corporate fundamentals generally require several days or even a week to cause sufficient price movement to render a reasonable profit, most swing traders are also considered fundamentalists as well.

Some others also explain swing trading as a trading strategy in the middle of day trading and trend trading. While day traders hold stocks not more than a day the trend trader holds stocks as for a week or even a month or months based on fundamental trends. Swing traders trade in a particular stock based on intra-week or intra-month oscillations between pessimism and optimism.

Best Swing Trading Stocks for the week December 27

1. Minda Industries Ltd (MINDAIND)

Minda Industries Limited (MIL) is engaged in the manufacturing of auto electrical parts, such as switches, lightings, batteries and blow moulded products. Its products range include Switch 2W/HBA, sensors, actuators, controllers, Switch 4W/HVAC, mirrors, lighting, HLL Motors, horns, compressed natural gas (CNG)/liquid petroleum gas (LPG) kits, batteries, blow molding components, wheel covers, seat belts, seating and systems and cigar lighter.

Minda Industries Share Price Details:

- Current Market Price: Rs.1,185

- Stop Loss: Rs.1,155

- Target 1: Rs.1,224

- Target 2: Rs.1,275

- Holding Period: 10 Days

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

2. Network 18 Media & Investments Ltd (NETWORK18)

Network 18 Media & Investments Ltd is a private limited company,leading full play media conglomerates with presence in television, print, internet, filmed entertainment, and mobile content and allied businesses.Its products and services include Films business, Sale of CDs / DVDs Sale of Film Right,Sale of Stalls at Exhibitions, Wireless Short Messaging Services, Advertisement Film Distribution, Sale of Magazine.

Network 18 Share Price Details: 

- Current Market Price: Rs. 91.50

- Stop Loss: Rs.89 

- Target 1: Rs.95

- Target 2: Rs.130

- 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.

3. Radico Khaitan (RADICO)

Radico Khaitan Ltd (RKL) is one of the India`s oldest and largest liquor manufacturers.The company owns three millionaire brands namely 8 PM Whisky, Contessa Rum and Old Admiral Brandy.The product range of the company includes Whisky,Rum,Brandy, Vodka,also manufactures Gin and markets under the brand Magic Moment and Contessa.

Radico Khaitan Share Price Details: 

- Current Market Price: Rs.1,199

- Stop Loss: Rs.1,170

- Target 1: Rs.1,235

- Target 2: Rs.1,285

- 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.

4. Anupam Rasayan India Ltd. (ANURAS)

Anupam Rasayan India Ltd. engages in the custom synthesis and manufacturing of specialty chemicals in India. The company offers life science related specialty chemicals, such as agro intermediates and agro active ingredients for the agrochemicals industry; anti-bacterial and ultra violet protection intermediates and ingredients for the personal care industry; and intermediates and key starting materials for active pharmaceutical ingredients.

Anupam Rasayan Share Price Details: 

- Current Market Price: Rs.905

- Stop Loss: Rs.882

- Target 1: Rs.930

- Target 2: Rs.960

- Holding Period: 10 Days

5paisa Recommendation: Further buying is expected in this stock hence add this stock as one of the best swing trade stocks in this week.

5. Tech Mahindra Limited (TechM)

Tech Mahindra Ltd offers Information Technology (IT) services and solution to telecommunications sector across the world. The Company is a leading Telecom focused provider of IT Services & Solutions to Global Telecommunication Industry, encompassing Telecom Service Providers (TSPs), Telecom Equipment Manufacturers (TEMs) and Independent Software Vendors (ISVs).

Tech Mahindra Share Price Details: 

- Current Market Price: Rs.1,724

- Stop Loss: Rs.1,680

- Target 1: Rs.1,771

- Target 1: Rs.1,850

- 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 this week.