Best swing trading stocks for this week 23 July


STOCKACTIONCMPSLTARGET 1TARGET 2
INDIACEMBUY347334360375
DATAMATICSBUY652625679705
SUBROSBUY696662730760
EXIDEIND FUTSELL537553520505
ABB FUTSELL7605783373757140

Weekly Stocks for Swing Trading

1. India Cements (INDIACEM)

India Cements Ltd. is involved in the manufacture of clinkers and cement. The company’s total operating revenue is ₹5380.81 crore, with an equity capital of ₹309.90 crore for the year ending 31/03/2023. Incorporated on 21/02/1946, India Cements Ltd. is a publicly listed company with its registered office in Tamil Nadu, India.

India Cements Share Price Target for this week:

  • Current Market Price: ₹347
  • Stop Loss: ₹334
  • Target 1: ₹360
  • Target 2: ₹375
  • Holding Period: 1 week

Recommendation: Our technical experts expect bullish momentum in this stock, making India Cements one of the best swing trade stocks for this week.


2. Datamatics Global Services (DATAMATICS)

Datamatics Global Services Ltd. operates in the IT and computer services sector. The company’s total operating revenue is ₹735.35 crore, with an equity capital of ₹29.50 crore for the year ending 31/03/2024. Incorporated on 03/11/1987, Datamatics Global Services Ltd. is a publicly listed company with its registered office in Maharashtra, India.

Datamatics Global Services Share Price Target for this week:

  • Current Market Price: ₹652
  • Stop Loss: ₹625
  • Target 1: ₹679
  • Target 2: ₹705
  • Holding Period: 1 week

Recommendation: Our technical experts expect a volume spurt in Datamatics, making it one of the best swing trade stocks for this week.


3. Subros (SUBROS)

Subros Ltd. is engaged in the manufacture of various parts and accessories for motor vehicles, including brakes, gearboxes, axles, road wheels, suspension shock absorbers, radiators, silencers, exhaust pipes, catalysers, clutches, steering wheels, and more. The company’s total operating revenue is ₹2806.28 crore, with an equity capital of ₹13.05 crore for the year ending 31/03/2023. Incorporated on 14/02/1985, Subros Ltd. is a publicly listed company with its registered office in Delhi, India.

Subros Share Price Target for this week:

  • Current Market Price: ₹696
  • Stop Loss: ₹662
  • Target 1: ₹730
  • Target 2: ₹760
  • Holding Period: 1 week

Recommendation: Our technical experts expect a pullback move in this stock, making Subros one of the best swing trade stocks for this week.


4. Exide Industries Futures (EXIDEIND FUT)

Exide Industries Ltd. is involved in the manufacture of batteries and accumulators. The company’s total operating revenue is ₹16029.19 crore, with an equity capital of ₹85.00 crore for the year ending 31/03/2024. Incorporated on 31/01/1947, Exide Industries Ltd. is a publicly listed company with its registered office in West Bengal, India.

Exide Industries Futures Share Price Target for this week:

  • Current Market Price: ₹537
  • Stop Loss: ₹553
  • Target 1: ₹520
  • Target 2: ₹505
  • Holding Period: 1 week

Recommendation: Our technical experts expect a support breakdown in this stock, making Exide Industries Futures one of the best swing trade stocks for this week.


5. ABB India Futures (ABB FUT)

ABB India Ltd. manufactures electricity distribution and control apparatus, including switches, fuses, voltage limiters, surge suppressors, junction boxes, relays, sockets, boards, panels, consoles, and other bases equipped for electricity control or distribution. The company’s total operating revenue is ₹10446.52 crore, with an equity capital of ₹42.38 crore for the year ending 31/12/2023. Incorporated on 24/12/1949, ABB India Ltd. is a publicly listed company with its registered office in Karnataka, India.

ABB India Futures Share Price Target for this week:

  • Current Market Price: ₹7605
  • Stop Loss: ₹7833
  • Target 1: ₹7375
  • Target 2: ₹7140
  • Holding Period: 1 week

Recommendation: Our technical experts expect downward momentum in this stock, making ABB India Futures one of the best swing trade stocks for this week.

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