Best five Nifty50 stock recommendations for swing traders

Symbol ALKEM
Company Name ALKEM LABORATORIES LIMITED
Industry PHARMACEUTICALS
Current Mkt Price 3350.70
Target Price 3400.00
Stop Loss 3300.00

 

Symbol BHARTIARTL
Company Name BHARTI AIRTEL LIMITED
Industry TELECOM – SERVICES
Current Mkt Price 536.25
Target Price 550.00
Stop Loss 520.00

 

Symbol DLF
Company Name DLF LIMITED
Industry RESIDENTIAL/COMMERCIAL/SEZ Project
Current Mkt Price 300.35
Target Price 320.00
Stop Loss 290.00

 

Symbol DIVISLAB
Company Name DIVI’S LABORATORIES LIMITED
Industry PHARMACEUTICALS
Current Mkt Price 4599.70
Target Price 4700.00
Stop Loss 4500.00

 

Symbol TATASTEEL
Company Name TATA STEEL LIMITED
Industry STEEL
Current Mkt Price 1239.35
Target Price 1250.00
Stop Loss 1220.00
  • Coming next 20 to 30 days above mentioned scrips will give more than 5% profit to the investors as per the technical analysis.
  • Analysis is based on major technical tools Candlesticks Patterns, 20 Day & 8 Day Simple Moving Average (SMA), Moving Average Convergence Divergence (MACD) (12,26,9), Relative Strength Index (RSI) (14) and Parabolic SAR.
  • This analysis for equities only.

Disclaimer: These recommendations are based on market technical analysis for short-term trading. There can be micro/macro news which can influence price trends. Hence, you are requested to do your own analysis before investing in the above scrips.


Ravi V

Stock Market Technical Analyst

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