Swing Trading Stocks: Week of 13-Jun-2022

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. Aurobindo Pharma (AUROPHARMA)

Aurobindo Pharma is involved in the business activities of manufacture of allopathic pharmaceutical preparations. Company’s Total Operating Revenue is Rs.15823.68 Cr. and Equity Capital is Rs.58.59 Cr. for the Year ended 31/03/2021. Aurobindo Pharma Ltd. is a Public Limited Listed company incorporated on 26/12/1986 and has its registered office in the State of Telangana, India.

Aurobindo Pharma Share Price Target for Today:

- Current Market Price: Rs.535

- Stop Loss: Rs.511

- Target 1: Rs.570

- Target 2: Rs.595

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see rising volume in this stock hence making Aurobindo Pharma, as one of the best swing trade stocks.

2. Zee Entertainment Enterprises Ltd (ZEEL)

Zee Entertainment Enterprises Ltd is involved in the business activities of Television programming and broadcasting activities. Company’s Total Operating Revenue is Rs.6665.40 Cr. and Equity Capital is Rs.96.10 Cr. for the Year ended 31/03/2021. Zee Entertainment Enterprises Ltd. is a Public Limited Listed company incorporated on 25/11/1982 and has its registered office in the State of Maharashtra, India.

Zee Entertainment Enterprises Ltd Share Price Target for Today:

- Current Market Price: Rs.236

- Stop Loss: Rs.241

- Target 1: Rs.228

- Target 2: Rs.224

- Holding Period: 1 week

5paisa Recommendation: Our technical experts expect further downside in ZEEL and thus making this stock as one of the best swing trade stocks.
 

3. Hindalco Industries (HINDALCO)

Hindalco Industries is involved in the business activities of manufacture of aluminium from alumina and by other methods and products of aluminium and alloys. Company’s Total Operating Revenue is Rs.42701.00 Cr. and Equity Capital is Rs.222.00 Cr. for the Year ended 31/03/2021. Hindalco Industries Ltd. is a Public Limited Listed company incorporated on 15/12/1958 and has its registered office in the State of Maharashtra, India.

Hindalco Industries Share Price Target for Today:

- Current Market Price: Rs.387

- Stop Loss: Rs.396

- Target 1: Rs.375

- Target 2: Rs.367

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see bearish trend in this stock hence making Hindalco Industries, as one of the best swing trade stocks.

4. Deepak Nitrite (DEEPAKNTR)

Deepak Nitrite belongs to the Industry of Chemicals - Inorganic - Others. Company’s Total Operating Revenue is Rs.2511.05 Cr. and Equity Capital is Rs.27.28 Cr. for the Year ended 31/03/2022. Deepak Nitrite Ltd. is a Public Limited Listed company incorporated on 06/06/1970 and has its registered office in the State of Gujarat, India.

Deepak Nitrite Share Price Target for Today: 

- Current Market Price: Rs.1,855

- Stop Loss: Rs.1,785

- Target 1: Rs.1,965

- Target 2: Rs.1,990

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see Deepak Nitrite recovery on card in this stock hence making this stock as one of the best swing trade stocks..

5. Bajaj Finance (BAJFINANCE)

Bajaj Finance Ltd belongs to the Industry of Finance & Investments. Company’s Total Operating Revenue is Rs.23532.16 Cr. and Equity Capital is Rs.120.32 Cr. for the Year ended 31/03/2021. Bajaj Finance Ltd. is a Public Limited Listed company incorporated on 25/03/1987 and has its registered office in the State of Maharashtra, India.

Bajaj Finance Share Price Target for Today: 

- Current Market Price: Rs.5,660

- Stop Loss: Rs.5,775

- Target 1: Rs.5,530

- Target 2: Rs.5,400

- Holding Period: 1 week

5paisa Recommendation: Our technical experts see Bajaj Finance on forming bearish setup in this stock hence making this stock as one of the best swing trade stocks..