Swing Trading Stocks: Week of 26 March 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. Multi Commodity Exchange of India (MCX)

Mcx is involved in the business activities of Administration of financial markets. Company’s Total Operating Revenue is Rs. 449.22 Cr. and Equity Capital is Rs. 51.00 Cr. for the Year ended 31/03/2023. Multi Commodity Exchange of India Ltd. is a Public Limited Listed company incorporated on 19/04/2002 and has its registered office in the State of Maharashtra, India.  

Multi Commodity Exchange of India Share Price  Target for this week:

• Current Market Price: ₹3337

• Stop Loss: ₹3220

• Target 1: ₹3455

• Target 2: ₹3570

• Holding Period: 1 week

5paisa Recommendation: Our technical experts expects PULLBACK MOVE in this stock hence making Multi Commodity Exchange of India, as one of the best swing trade stocks.

2. Sobha (SOBHA)

Sobha is involved in the business activities of Construction of buildings. Company’s Total Operating Revenue is Rs. 3328.09 Cr. and Equity Capital is Rs. 94.85 Cr. for the Year ended 31/03/2023. Sobha Ltd. is a Public Limited Listed company incorporated on 07/08/1995 and has its registered office in the State of Karnataka, India. 

Sobha Share Price Target for this week: 

• Current Market Price: ₹1477

• Stop Loss: ₹1420

• Target 1: ₹1535

• Target 2: ₹1590

• Holding Period: 1 week

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

3. Hero MotoCorp (HEROMOTOCO)

Hero Motocorp is involved in the business activities of Manufacture of motorcycles, scooters, mopeds etc. and their engine. Company’s Total Operating Revenue is Rs. 33805.65 Cr. and Equity Capital is Rs. 39.97 Cr. for the Year ended 31/03/2023. Hero MotoCorp Ltd. is a Public Limited Listed company incorporated on 19/01/1984 and has its registered office in the State of Delhi, India.

Hero MotoCorp Share Price Target for this week:

• Current Market Price: ₹4684

• Stop Loss: ₹4553

• Target 1: ₹4815

• Target 2: ₹4940

• Holding Period: 1 week

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

4. Sunteck Realty (SUNTECK)

Sunteck Realty Ltd. is involved in the business activities of Construction of buildings carried out on own-account basis or on a fee or contract basis. Company’s Total Operating Revenue is Rs. 121.62 Cr. and Equity Capital is Rs. 14.65 Cr. for the Year ended 31/03/2023. Sunteck Realty Ltd. is a Public Limited Listed company incorporated on 01/10/1981 and has its registered office in the State of Maharashtra, India.  

Sunteck Realty Share Price Target for this week: 

• Current Market Price: ₹402

• Stop Loss: ₹382

• Target 1: ₹425

• Target 2: ₹440

• Holding Period: 1 week

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

5. JSW Steel (JSWSTEEL)

Jsw Steel is involved in the business activities of Casting of metals. Company’s Total Operating Revenue is Rs. 131687.00 Cr. and Equity Capital is Rs. 301.00 Cr. for the Year ended 31/03/2023. JSW Steel Ltd. is a Public Limited Listed company incorporated on 15/03/1994 and has its registered office in the State of Maharashtra, India.

JSW Steel Share Price Target for this week: 

• Current Market Price: ₹825

• Stop Loss: ₹796

• Target 1: ₹855

• Target 2: ₹880

• Holding Period: 1 week

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