Swing trading is a powerful trading style mostly used by active traders, working professionals, housewives and students. With good trading strategies, swing traders can make profit by holding positions from a few days to a few weeks. Selecting the right stocks is the key to be successful in swing trading.
Table of Contents
Best swing trading stocks to buy
| Stock | Action | CMP | Enter | Stoploss | Target 1 | Target 2 |
|---|---|---|---|---|---|---|
| AVANTIFEED | Buy | 771.30 | 755 | 630 | 943 | 1020 |
| MPSLTD | Buy | 2196.10 | 2210 | 1887 | 2695 | 2856 |
| VLEGOV | Buy | 101.94 | 98.50 | Subscribe | Subscribe | Subscribe |
| STEL | Buy | 492.30 | 483 | Subscribe | Subscribe | Subscribe |
| NBCC | Buy | 184.79 | 189 | Subscribe | Subscribe | Subscribe |
At the start of every week, we scan and analyse the stocks which are best for swing trade. We analysed and recommended the best stocks to buy with the help of fundamental and technical analysis.
We regularly update the stock performance and success rate in our free stock market telegram channel. We strongly recommend using stop loss for every trade you enter. Do not put entire capital in one trade. Use 20% of your capital per trade.
For 2 stocks we provide the stop loss and target price. To get a target and stop loss price for remaining stocks you can subscribe for our premium plan. In our premium plan, we recommend more best stocks to buy with a detailed analysis.
Top 5 swing trading stocks for this week
#1. AVANTIFEED
Avanti Feeds Ltd. is a manufacturer of shrimp feed. The AVANTIFEED stock continuously from higher highs and higher lows. The stock price took support at 20 days moving average with strong volume. Last week the stock price move around 10%.
- Current Market Price: 771.30
- Buy Price: 755
- Stoploss: 630
- Target 1: 943
- Target 2: 1020
#2. MPSLTD
MPS Ltd. engages in the provision of platforms and content solutions for digital industry. The MPSLTD stock broke the strong resistance level in last month and took retest at the break out level. The stock price broke the 20 days moving average from bottom to top with strong volume. Last week the stock price moved around 7.62%.
- Current Market Price: 2196.10
- Buy Price: 2210
- Stoploss: 1887
- Target 1: 2695
- Target 2: 2856
#3. VLEGOV
Vl E-Governance & IT Solutions Ltd. engages in the provision of electronic-governance services. The VLEGOV stock is moving in the uptrend direction. It took support at the previous breakout range and started to move with high momentum. Last week the stock price moved around 18.5%.
- Current Market Price: 101.94
- Buy Price: 98.50
Subscribe to our premium plan for detailed Stop Loss and Target Prices.
#4. STEL
STEL Holdings Ltd. engages in the investment activities. The STEL stock broke the resistance level with strong candle and volume also looks good. Additionally, it took support at 20 days moving average. Last week the stock price moved around 9.47%.
- Current Market Price: 492.30
- Buy Price: 483
Subscribe to our premium plan for detailed Stop Loss and Target Prices.
#5. NBCC
NBCC (India) Ltd. engages in the real estate development, project management, and consultancy services. The NBCC stock is forming higher high and higher low. It broke the resistance level and now it is taking support at that breakout level. 50 days moving average support the retest. Last week the stock price moved around 1.64%.
- Current Market Price: 184.79
- Buy Price: 189
Subscribe to our premium plan for detailed Stop Loss and Target Prices.
Key Principles of Swing Trading
Trend Identification: Identify and follow the trend to get more success rate in swing trading. Most swing traders follow trends to make good profits from their trades.
Entry and Exit Points: Spotting the good entry and exit point is very crucial to make consistent profit in swing trading. We can use chart patterns, moving averages and other technical indicators to spot the entry and exit points.
Risk Management: Protecting the capital should be our first goal to stay in the swing trade for the long term. Use proper risk management methods to protect capital. Plan position size and put proper stop loss and target.
Patience and Discipline: Swing trading requires patience to wait for the right opportunities and discipline to stick to the trading plan.
FAQs
What are the best stocks for swing trading?
AVANTIFEED
MPSLTD
VLEGOV
STEL
NBCC
Is swing trading stocks profitable?
Swing trading stocks have the capabilities to move 10% to 30% in a short period of time. Finding the best stocks and buying at a good price will yield profits.
How to find stock for swing trade?
#1. Scan for the trending stocks which move with clear direction.
#2. Look for weekly gainer stocks with good volume.
#3. Avoid low volume and penny stocks
Disclaimer
The information is presented ‘as is’ and is intended solely for educational and informational purposes, not for trading decisions or professional advice. We strongly advise conducting your own thorough research before making any investment.