Market is currently trading in a weak trajectory and showing some selling pressures however today support for Nifty @ 24440-400. Now, let’s talk about swing stocks for the day.
Following are stocks to watch for Swing Trading
Quess Corp
Quess Corp Limited is India's leading business services provider, offering staffing and managed outsourcing services across various processes. Quess's core value is making the workforce more productive, including training, skill development, job seekers, digitising workflows, and social security benefits. Quess Corp broke the falling trendline with huge volume and clocked a volume of 1.47 lakh shares, a 9.21 times surge over the two-week average daily volume of approx 16000 shares. The stock has crossed above its 20 and 50-Day EMA.
SCRIP | TRIGGER PRICE | SL | TGT 1 | TGT2 | DURATION |
QUESS | 734-736 | 670 | 755 | 785 | 1-2 WEEK |
Vip industries
VIP Industries is a leading manufacturer and supplier of luggage, backpacks, and handbags in Asia. The company offers a range of brands catering to value, mid, and premium price points. The stock sis taking support from line by connecting lows of mid august and recent 21 November lows. As per our analysis, Vip industries near tem target are 492 and then 525. Participants can mark their stop loss at 455 and but the stock between 475 to 477.
SCRIP | TRIGGER PRICE | SL | TGT 1 | TGT2 | DURATION |
VIPIND | 475-477 | 455 | 492 | 525 | 1-2 WEEK |
Cg Power
CG Power and Industrial Solutions Limited (CG) is a B2B company specializing in power transmission and distribution equipment and system solutions. CG has a globalization strategy, acquiring leading international companies and having manufacturing bases in various countries. As per our analysis, CG power near term target is 820 and then 855. Participants can mark their stop loss at 730 and buy the stock between 782-780.
SCRIP | TRIGGER PRICE | SL | TGT 1 | TGT2 | DURATION |
CGPOWER | 782-780 | 730 | 820 | 855 | 1-2 WEEK |