Momentum Picks: Best Swing Trading Stocks to Keep an Eye On!

Top 3 stocks to watch for Swing Trading.

Indian equity indices moved higher on Thursday, supported by gains in major financial stocks. However, the upside was limited as Tata Motors declined after the U.S. announced tariffs on auto imports.

The Sensex closed 332 points or 0.43 per cent higher at 77,618, while the Nifty 50 closed 105 points or 0.45 per cent higher at 23,591, as investors await clarity on the impending U.S. tariffs. The Nifty Bank closed 366 points higher and settled at 51,575 after pulling back from the 51,000 mark on Thursday.

Following are the 3 stocks to watch for Swing Trading:

Cantabil Retail India Ltd: Cantabil Retail India Ltd is currently trading at Rs 270.08, reflecting a percent change of 2.03 per cent from the previous close of Rs 264.71. The stock recorded a high of Rs 274.65 during the session, with a traded volume of 2.06 lakh shares. The stock price is 19 per cent below its 52-week high of Rs 334 and has delivered returns of 45.52 per cent from its 52-week low. RSI is above 50, indicating price strength. The stock is being tracked for swing trading.The stock is positioned below its 52-week high, and its volume activity is being monitored. Price movement aligns with trading patterns suitable for short-term market participation. With RSI above 50, market participants are watching for potential price continuation or reversal. Swing traders are following volume trends for further confirmation.

Greaves Cotton Ltd: Greaves Cotton Ltd is currently trading at Rs 222.21, marking a percent change of 3.93 per cent from the previous close of Rs 213.8. The stock recorded a high of Rs 222.97 during the session, with a traded volume of 24.39 lakh shares. The stock has declined 50 per cent from its 52-week high of Rs 319.5 and has delivered returns of 98.31 per cent from its 52-week low. RSI is near 50, and the stock is trading above key EMAs. The volume today is higher than yesterday’s volume.

The stock is trading above all significant EMAs, and its traded volume indicates market participation. RSI near 50 suggests price stability. Market participants are tracking price movement for short-term opportunities. The stock has remained within a defined range, with volume trends indicating potential directional movement.

Lumax Industries Ltd: Lumax Industries Ltd is currently trading at Rs 2580, with a percent change of 0.70 per cent from the previous close of Rs 2562.15. The stock recorded a high of Rs 2600 during the session, with a traded volume of 12.53 thousand shares. The stock is positioned 14.95 per cent below its 52-week high of Rs 3033.8 and has delivered returns of 31.63 per cent from its 52-week low. The stock is trading above all key EMAs, and today’s volume has exceeded the 20-day average volume.

The stock has closed in the green for eight consecutive sessions. The stock price trend and volume activity indicate market attention. The price remains above key moving averages, and volume trends are being monitored. The stock is being tracked for short-term trading opportunities.

Disclaimer: The article is for informational purposes only and not investment advice.