We will be discussing the Swing Stocks to Buy Today and Tomorrow or we will update you with the Stocks to Swing Trade. All the stocks given here is for education purpose only.
Swing Stocks Given on 10/10/2022
1. DELTA CORP
The DELTACORP is currently trading at 228.70. The daily chart of DELTACORP is given below.
As per the chart, The DELTGACORP stock is in an uptrend now and trading near the upper Bollinger band. The Swing target seems to be the 330.
2. VEDANTA LTD
The VEDANTA LTD is currently trading at 295.05. The daily chart of VEDANTA LTD is given below.
As per the chart, The VEDANTA LTD stock is in an uptrend now and trading near the upper Bollinger band. The first swing target seems to be 330 and the second target is 430.
3. ANDHRA SUGARS
The ANDHRA SUGARS is currently trading at 143.25. The daily chart of ANDHRA SUGARS is given below.
As per the chart, The ANDHRA SUGARS stock is in an uptrend now and trading near the median Bollinger band. The first swing target seems to be 166 and the second target is 180.
Swing Stocks Given on 09/10/2022
Let us discuss the following Stocks to Swing Trade. In my opinion, 10% is enough to book in swing trade or you may take the full rally with the proper trailing stop loss.
1. PRAJ INDUSTRIES
The first stock is Praj Industries. Let us discuss the swing trade by the chart. The weekly chart of Praj Industries is shown below.
The last close price of Praj Industries is 448.90. As we can see from the chart, the price has given a breakout of resistance and a trend line breakout can also be seen. It is expected that the price may move up in the coming days.
If we see the daily time frame of this stock, then horizontal resistance line breakout and trendline breakout can also be seen from the chart.
2. KOLTE PATIL
The Second stock to Swing trade is KOLTE PATIL. The Last closing price of the stock is 366.20. The daily chart of KOLTE PATIL is given below.
As it is clear from the chart the Horizontal Resistance line is tested multiple times and the price is ready to move into a new trajectory with the first target of 400. The stock is trading above 20SMA and also near the upper band of Bollinger bands.
3. DATAMATICS GLOBAL
The third stock is DATAMATICS GLOBAL. The last close price of DATAMATICS GLOBAL is 329.15. The daily chart of DATAMATICS GLOBAL is given below.
As you can see from the chart, the price has given close above 20 SMA and is trading near the middle of Bollinger Bands. The first target can be seen 360.
Also Check, Best Swing Trading Strategies
What is Swing Trading?
Swing trading is generally defined as a strategy by which a trader takes smaller profits in a shorter time frame say 1-7 days or more but not more than a month.
What should be the target in Swing Stocks?
One can book the profit as per his desire but 10% is enough or one can take up the full rally by taking care of trailing stop loss.
Does Swing Trading Always give Returns?
No, Swing trading does not always give returns but one can take stop loss as well if the stock does not move in his direction and then invest in other stock.
Stock prediction is not that easy. One has to be good at technical analysis and must follow the rule-based setup. Here we are going to predict the stocks in our analysis. Your analysis might be different from ours. Kindly take the trade or invest after consulting with your financial advisor. We are posting the market predictions on a basis for educational purposes only. Kindly do not trade on the basis of our analysis. We are not SEBI register. Kindly plan your trade as per your financial advisor.