| Stock | Action | CMP | SL | Target 1 | Target 2 |
|---|---|---|---|---|---|
| Chambl Fert | Buy | 526 | 499 | 553 | 578 |
| Supriya | Buy | 422 | 405 | 439 | 455 |
| Paytm | Buy | 527 | 500 | 555 | 580 |
| Escorts Fut | Sell | 3912 | 4030 | 3794 | 3675 |
| Cummins India Fut | Sell | 3510 | 3615 | 3405 | 3300 |
Weekly Stocks for Swing Trading
1. Chambal Fertilisers & Chemicals (CHAMBLFERT)
Chambal Fertilisers & Chemicals is involved in the manufacture of urea and other organic fertilizers. The company reported a total operating revenue of ₹17,966.41 crore and an equity capital of ₹400.65 crore for the year ending March 31, 2024. Incorporated on May 7, 1985, this public limited company has its registered office in Rajasthan, India.
Chambal Fertilisers & Chemicals Share Price Target for this Week:
- Current Market Price: ₹526
- Stop Loss: ₹499
- Target 1: ₹553
- Target 2: ₹578
- Holding Period: 1 week
Recommendation: Our technical experts anticipate a range breakout in this stock, making Chambal Fertilisers & Chemicals one of the best swing trade stocks for this week.
2. Supriya Lifescience (SUPRIYA)
Supriya Lifescience is engaged in the manufacture of medicinal substances used in the production of pharmaceuticals, including antibiotics, vitamins, and opium derivatives. For the year ending March 31, 2023, the company reported a total operating revenue of ₹460.94 crore and an equity capital of ₹16.10 crore. Supriya Lifescience Ltd., incorporated on March 26, 2008, is a public limited company with its registered office in Maharashtra, India.
Supriya Lifescience Share Price Target for this Week:
- Current Market Price: ₹422
- Stop Loss: ₹405
- Target 1: ₹439
- Target 2: ₹455
- Holding Period: 1 week
Recommendation: Our technical experts expect a volume spurt in Supriya Lifescience, making it one of the best swing trade stocks for this week.
3. PAYTM (One97 Communications)
One97 Communications, known for its PAYTM brand, operates in the information services sector. The company reported a total operating revenue of ₹7,660.80 crore and an equity capital of ₹63.60 crore for the year ending March 31, 2024. One97 Communications Ltd. was incorporated on December 22, 2000, and is a public limited company with its registered office in Delhi, India.
PAYTM Share Price Target for this Week:
- Current Market Price: ₹527
- Stop Loss: ₹500
- Target 1: ₹555
- Target 2: ₹580
- Holding Period: 1 week
Recommendation: Our technical experts foresee a recovery on the cards for PAYTM, making it one of the best swing trade stocks for this week.
4. Escorts Kubota (ESCORTS FUT)
Escorts Kubota is engaged in the manufacture of tractors for agriculture and forestry. The company reported a total operating revenue of ₹8,776.74 crore and an equity capital of ₹110.50 crore for the year ending March 31, 2024. Incorporated on October 17, 1944, Escorts Kubota Ltd. is a public limited company with its registered office in Haryana, India.
Escorts Kubota Share Price Target for this Week:
- Current Market Price: ₹3912
- Stop Loss: ₹4030
- Target 1: ₹3794
- Target 2: ₹3675
- Holding Period: 1 week
Recommendation: Our technical experts expect a correction in this stock, making Escorts Kubota one of the best swing trade stocks for this week.
5. Cummins India (CUMMINSIND FUT)
Cummins India is engaged in the manufacture of pharmaceuticals, medicinal chemicals, and botanical products. The company reported a total operating revenue of ₹20,275.17 crore and an equity capital of ₹239.93 crore for the year ending March 31, 2024. Sun Pharmaceutical Industries Ltd., incorporated on March 1, 1993, is a public limited company with its registered office in Gujarat, India.
Cummins India Share Price Target for this Week:
- Current Market Price: ₹3510
- Stop Loss: ₹3615
- Target 1: ₹3405
- Target 2: ₹3300
- Holding Period: 1 week
Recommendation: Our technical experts note that Cummins India has moved below its 50-SMA, making it one of the best swing trade stocks for this week.