Top 3 stocks to watch for Swing Trading.

The company’s shares have delivered an impressive return of around 70 per cent in the past 1 year.

Swing trading in stocks can be a profitable strategy, but it is important to consider your stock selection criteria and risk tolerance. In this article, we will further explore it.

In trading and investing strategies, swing trading carves a niche with its distinct advantages and disadvantages. This article explores swing trading and sheds light on its potential rewards and challenges. 

Ever since the second week of June, the stock had found itself ensnared within the boundaries of Rs 6.50 to Rs 9.05. The shackles finally shattered on Friday, as the stock soared above this range on the wings of robust trading volumes.

In the last financial year, the company reduced its debt from Rs 583 crore to Rs 315 crore; so, the net debt reduction is about Rs 268 crore. The debt-to-equity stands at 0.17x.   

Swing trading is arguably the most attractive trading style among traders. From newbies to professionals and baby boomers to millennials to Gen-Z, all have done swing trading at some point in their lives.

CMI Limited is a micro-cap company engaged in the business of cable manufacturing. It includes a complete production cycle, right from the development, design, and manufacturing to the marketing & distribution of cables to larger companies.

It is not a usual sight to see a backbencher topping the class but this actually took place on D-Street on Thursday. The backbencher sector is none other than Nifty PSU Bank

In the world of stock market, there are numerous trading setups that traders opt for. With the development of mathematical formulae and advanced trading software, traders, nowadays, are gifted with many technical indicators that provide futuristic trends & probabilities.

Though the frontline indices ended with modest gains, the real action was witnessed in the broader markets. Nifty Midcap and Small-cap indices outperformed the frontline gauge. 

Interestingly, the 20-day average delivery volume stands nearly at 44.15 per cent, which is quite attractive.

Interestingly, the stock, in the first hour of the trading itself, has witnessed a huge surge in the volume as it managed to cross a volume of 25 lakh shares. 

Going ahead, the theme of sector churning and stock-specific outperformance is likely to remain intact and hence, we have come out with a list of stocks that should be on your radar.

During the month of April, Nifty IT index, on average, has delivered returns of about 1.1 per cent and interestingly, three out of the last four years’ performance for the index in the month of April has been mindblowing!

With the outperformance by the broader market indices and generally, April being one of the good months for the markets, there is going to be a problem for most traders; hence, we have selected a few stocks based on the T20 breakout system. 

Going ahead, the theme of sector churning and stock-specific outperformance is likely to remain intact and hence, we have come out with a list of stocks that should be on your radar.  

As the stock is trading near its all-time high, it is above all the short and long-term moving averages. This setup is indicating a clear uptrend in the picture of the stock.

It seemed that the bulls will hit six in six i.e., will log gains for the six straight trading sessions. However, as the saying goes, ‘All good things must come to end’, this dream-run of the bulls also came to an end, but in a very nasty way.   

The strong move by the stock has led it to reclaim its 20-DMA. Meanwhile, the elder impulse system has turned bullish.   

It seems that the month of February belongs to Adani! Just a week ago, it was Gautam Adani, who was in the news for surpassing Mukesh Ambani as Asia’s richest person.

Going ahead, the stock selection is going to be of paramount importance and hence, we have chalked down a list of stocks that are likely to outperform.  

With volatility abating and across-the-board buying interest witnessed on Wednesday, we have prepared a list of stocks based on the T20 breakout system, which has the potential to outperform in the near term.    

Despite the selling pressure witnessed in markets, we have come out with a list of stocks that are capable of relatively outperforming in the near term. These stocks are selected based on the T20 Breakout system.   

We believe that going forward, stock-specific action would continue to be the name of the game on D-Street and hence, we have selected the best stock for traders as well as investors based on the T20 Breakout system.   

Interestingly, it was the IT sector again that provided the much-needed support to the index and this was quite evident from the fact that among the top three contributors, two were from the IT sector namely, Infosys & TCS.   

You must have heard of the proverb, ‘birds of a feather flock together’, similarly, all these companies from the metal sector have appeared in the T20 breakout system, which clearly indicates that this sector is likely to be in the limelight in the coming days. 

Interestingly, the index moved in a range of 116 points, which was the narrowest in the last seven trading sessions; as a result, the index has formed an NR7 bar.  Among sectoral indices, Nifty Energy and Nifty IT were the top two gainers while on the flip side, Nifty Metal & Nifty FMCG turned out to be the top losers.

Buying interest was visible in the broader market indices as well with Nifty Midcap and Smallcap 100 advancing 0.85 per cent & 1.28 per cent, respectively. Nifty Smallcap 100 index is just 1.8 per cent away from its all-time high.   

Interestingly, in the above list couple of stocks are from the oil exploration sector and you must have heard of the proverb, ‘birds of a feather flock together’. This clearly indicates that this sector is likely to be in the limelight in the coming days.

Going ahead, the stock-specific action is likely to be seen on D-Street, and hence, we have shortlisted some stocks based on the T20 breakout system.   

Going ahead, we are going to witness a stock-specific action in the market and hence, we have come out with a list of stocks based on the T20 breakout system.  

What a day of trading it was on D-Street today! The initial hour of today’s trading session was quite volatile as Nifty swung both ways and at one point in time, it had slipped below the 17,600 mark. However, the bulls continued their New Year Celebration and logged a marvellous rally of over 1 per cent on Tuesday.   

Considering the fact that Nifty has witnessed a follow-through move after the breakout of descending triangle pattern along with the broad-based buying seen on Monday, we expect momentum to continue in the coming trading sessions. Hence, we have shortlisted a few stocks based on the T20 breakout system. So, here is the list of stocks

Considering the fact that Nifty has witnessed a breakout of the descending channel and broad-based buying on Friday, we expect momentum to continue in the coming trading sessions. Hence, we have shortlisted a few stocks based on the T20 breakout system.  

Certainly, with the relative outperformance from the broader markets, the market participants would be looking for some opportunities on the long side. Hence, we have come out with a list of the stocks based on the T20 breakout system.

Considering the fact that the bulls are now fully charged up, we have curated a list of stocks that meet the criteria of the T20 breakout system. So, here is the list of stocks: 

We expect the market to continue its momentum and hence, we have shortlisted the names of some stocks, which should be on your watchlist for swing trading purposes. These stocks are based on the T20 breakout system.   

Despite the fall on Friday, we expect stock-specific action to continue on D-Street. Hence, we have handpicked the best stocks for swing trading based on the T20 breakout system. So, here is the list of the stocks: 

The broader market indices yet again outperformed the headline indices. Considering the bulls have seen a follow-through move on Thursday along with a dip in India VIX and outperformance by the broader markets, we believe that the rally may extend further. Hence, we have come out with a list of stocks based on the T20 breakout system.  

The current market scenario seems more like a trading market than an investing market. A scrip-specific approach is advocated. Hence, we have come up with a list of stocks based on the T20 breakout system.  

The chart of Nifty is not an encouraging one at all. Having said that, the sharp correction hauled weekly stochastic oscillators towards the oversold territory and we could see some pullback in the markets, considering the oversold nature of the markets. So, we have prepared a list of stocks based on the T20 breakout system that one can keep in their watchlist. 

The current market scenario seems more like a trading market than an investing market. A scrip-specific approach is advocated. Hence, we have come up with a list of stocks based on the T20 breakout system.   

Despite the havoc, which was witnessed in the latter part of the trading session on D-Street, there are certain stocks that appeared in the T20 breakout system.  So, here is the exclusive list of stocks from the T20 breakout system.

Certainly, with the relative outperformance from the broader markets, market participants would be looking for some opportunities on the long side and hence, we have come out with a list of the stocks based on the T20 breakout system.   

Despite the fact that Nifty dropped about 250 points from the day’s high; there are a few stocks that appeared in the T20 breakout system. This is due to the reason that the broader market indices relatively outperformed the frontline gauge. 

So, considering the healthy market breadth and outperformance by the broader markets, we have curated a list of stocks that appear in the T20 breakout system.   

On Friday, the stock witnessed a staggering move of over 10 per cent along with a sharp jump in the volumes. The stock recorded its highest single-day volume so far in the last six months! Its volume already exceeded the prior trading session’s volume and has become the highest single-day volume in the last four months.