Swing Trading Stocks: Week of 12 February 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. Parag Milk Foods (PARAGMILK)

Parag Milk Foods is involved in the business activities of Manufacture of dairy products. Company’s Total Operating Revenue is Rs. 2853.20 Cr. and Equity Capital is Rs. 117.20 Cr. for the Year ended 31/03/2023. Parag Milk Foods Ltd. is a Public Limited Listed company incorporated on 29/12/1992 and has its registered office in the State of Maharashtra, India.

Parag Milk Foods Share Price Target for this week:

• Current Market Price: Rs. 262

• Stop Loss: Rs. 254

• Target 1: Rs. 270

• Target 2: Rs. 278

• Holding Period: 1 week

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

2. Birla Corporation (BIRLACORPN)

Birla Corporation Lt is involved in the business activities of Manufacture of portland cement, aluminous cement, slag cement and similar hydraulic cement. Company’s Total Operating Revenue is Rs. 5441.19 Cr. and Equity Capital is Rs. 77.01 Cr. for the Year ended 31/03/2023. Birla Corporation Ltd. is a Public Limited Listed company incorporated on 25/08/1919 and has its registered office in the State of West Bengal, India.

Birla Corporation share price Target for this week: 

• Current Market Price: Rs. 1696

• Stop Loss: Rs. 1645

• Target 1: Rs. 1747

• Target 2: Rs. 1795

• Holding Period: 1 week

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

3. ACC (ACC)

Acc is involved in the business activities of Manufacture of clinkers and cement. Company’s Total Operating Revenue is Rs. 22209.97 Cr. and Equity Capital is Rs. 187.99 Cr. for the Year ended 31/03/2023. ACC Ltd. is a Public Limited Listed company incorporated on 01/08/1936 and has its registered office in the State of Maharashtra, India.

ACC Share Price Target for this week:

• Current Market Price: Rs. 2628

• Stop Loss: Rs. 2550

• Target 1: Rs. 2708

• Target 2: Rs. 2780

• Holding Period: 1 week

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

4. Swan Energy (SWANENERGY)

Swan Energy Ltd. is involved in the business activities of Finishing of textiles. Company’s Total Operating Revenue is Rs. 547.23 Cr. and Equity Capital is Rs. 26.39 Cr. for the Year ended 31/03/2023. Swan Energy Ltd. is a Public Limited Listed company incorporated on 22/02/1909 and has its registered office in the State of Maharashtra, India.

SWANENERGY Share Price Target for this week: 

• Current Market Price: Rs. 708

• Stop Loss: Rs. 680

• Target 1: Rs. 738

• Target 2: Rs. 765

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects HIGHER HIGHS & HIGHER LOWS in this stock hence making this SWANENERGY one of the best swing trade stocks.

5. Grasim Industries (GRASIM)

Grasim Inds. is involved in the business activities of Manufacture of basic chemical elements. Company’s Total Operating Revenue is Rs. 26839.71 Cr. and Equity Capital is Rs. 131.69 Cr. for the Year ended 31/03/2023. Grasim Industries Ltd. is a Public Limited Listed company incorporated on 25/08/1947 and has its registered office in the State of Madhya Pradesh, India.

Grasim Industries Share Price Target for this week: 

• Current Market Price: Rs. 2168

• Stop Loss: Rs. 2103

• Target 1: Rs. 2235

• Target 2: Rs. 2298

• Holding Period: 1 week

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