Last Updated on Dec 6, 2024 by Anjali Chourasiya
In the fast-paced world of stock trading, there’s a smart strategy called swing trading. It’s not about long-term commitments or quick day trades but rather making gains from short to medium-term market ups and downs. It’s like catching waves in the stock market to secure profits without constantly watching. In this article, let’s look at the best stocks for swing trading based on fundamental indicators.
Table of Contents
Best Swing Trade Stocks – Updated 2024
| Name | Sub-Category | Market Cap (Rs. in cr.) | Close Price (Rs.) | PE Ratio | Debt to Equity (%) | 5Y Avg Return on Equity (%) | PEG |
| National Aluminium Co Ltd | Metals – Aluminium | 45,026.86 | 245.16 | 22.64 | 0.01 | 12.99 | 2.09 |
| Sarda Energy & Minerals Ltd | Iron & Steel | 16,921.35 | 480.20 | 32.35 | 0.34 | 17.17 | 2.18 |
| Safari Industries (India) Ltd | Apparel & Accessories | 13,207.04 | 2,701.60 | 75.12 | 0.18 | 15.26 | 2.06 |
| Usha Martin Ltd | Iron & Steel | 12,305.48 | 393.75 | 29.03 | 0.15 | 21.64 | 2.09 |
| Quess Corp Ltd | Employment Services | 10,439.47 | 702.40 | 37.57 | 0.28 | 2.56 | 2.01 |
| Aurionpro Solutions Ltd | IT Services & Consulting | 9,094.00 | 1,647.00 | 64.51 | 0.09 | 7.96 | 2.17 |
Note: The data is from 5th December 2024. The list of the best swing trade stocks for this week is taken from Tickertape Stock Screener and based on the following parameters.
- Market Cap: Above 5,000 (Set the lower limit to 5,000)
- Debt-to-Equity Ratio: Below 0.50 (Set the higher limit to 0.50)
- 5Y Avg ROE: Above 0 (Set the lower limit to 0)
- Create a custom filter for PEG Ratio: PE Ratio/Earnings Per Share – Set its limit above 2
Note that the list of the best stocks for swing trading India today are in no order of preference. Please note that these stock selection criteria and the stocks are provided for informational purposes only; it is essential to conduct your own research.
🚀 Pro Tip: Explore Tickertape’s Financial Statements for detailed company financial reports to make informed investment decisions.
Details of Top Swing Trading Stocks
National Aluminium Co Ltd
National Aluminium Co Ltd, established in 1981, is a leading aluminium manufacturing company in India. It operates in mining, metal production, and power generation, making it an integrated producer of aluminium. The company plays a pivotal role in the Indian metals industry, catering to both domestic and international markets.
On 5th December 2024, National Aluminium Co Ltd had a market capitalisation of Rs. 45,026.86 cr. and a close price of Rs. 245.16. The price-to-earnings (PE) ratio was 22.64, and the debt-to-equity ratio was a negligible 0.01%. Its 5-year average return on equity (ROE) stood at 12.99%, with a price/earnings-to-growth (PEG) ratio of 2.09.
Sarda Energy & Minerals Ltd
Sarda Energy & Minerals Ltd, founded in 1973, is a diversified energy and steel company. It specialises in manufacturing steel, ferroalloys, and producing renewable energy through hydroelectric power plants. The company is well-regarded for its contribution to the iron and steel sector.
On 5th December 2024, Sarda Energy & Minerals Ltd had a market capitalisation of Rs. 16,921.35 cr. and a close price of Rs. 480.20. The PE ratio was 32.35, with a debt-to-equity ratio of 0.34%. Its 5-year average ROE was 17.17%, and the PEG ratio stood at 2.18.
Safari Industries (India) Ltd
Safari Industries (India) Ltd, incorporated in 1974, is one of the largest manufacturers and sellers of travel luggage, bags, and accessories in India. Known for its high-quality products, the company caters to both domestic and international consumers.
On 5th December 2024, Safari Industries (India) Ltd had a market capitalisation of Rs. 13,207.04 cr. and a close price of Rs. 2,701.60. The PE ratio stood at 75.12, with a debt-to-equity ratio of 0.18%. Its 5-year average ROE was 15.26%, and the PEG ratio was 2.06.
Usha Martin Ltd
Usha Martin Ltd, established in 1960, is a prominent wire rope manufacturing company with a significant presence in the iron and steel sector. The company supplies products to industries such as construction, mining, and oil and gas, with operations in both India and overseas.
On 5th December 2024, Usha Martin Ltd had a market capitalisation of Rs. 12,305.48 cr. and a close price of Rs. 393.75. The PE ratio was 29.03, and the debt-to-equity ratio was 0.15%. Its 5-year average ROE stood at 21.64%, and the PEG ratio was 2.09.
Quess Corp Ltd
Quess Corp Ltd, founded in 2007, is a leading provider of business services in India. The company operates across various sectors, including staffing, IT services, and facility management, serving a broad spectrum of industries.
On 5th December 2024, Quess Corp Ltd had a market capitalisation of Rs. 10,439.47 cr. and a close price of Rs. 702.40. The PE ratio stood at 37.57, with a debt-to-equity ratio of 0.28%. Its 5-year average ROE was 2.56%, and the PEG ratio was 2.01.
Aurionpro Solutions Ltd
Aurionpro Solutions Ltd, incorporated in 1997, is an IT services and consulting company offering advanced software solutions. It focuses on areas like banking, cybersecurity, and digital innovation, catering to clients globally.
On 5th December 2024, Aurionpro Solutions Ltd had a market capitalisation of Rs. 9,094.00 cr. and a close price of Rs. 1,647.00. The PE ratio was 64.51, with a debt-to-equity ratio of 0.09%. Its 5-year average ROE stood at 7.96%, and the PEG ratio was 2.17.
Did You Know You Can Invest in Stocks with smallcase?
Discover the convenience of investing in stocks through ready-made portfolios curated by SEBI-registered experts.
Before diving in, let’s understand what smallcase is.
smallcases are modern investment products that help investors build low-cost, long-term & diversified portfolios with ease. A smallcase is a basket or portfolio of stocks/ETFs representing an idea – an objective, theme, or strategy. They are created and managed by SEBI-registered experts.
Among 500+ smallcases, here’s the top swing trading smallcases you can check out:
Disclosure on Wright 🌱 Smallcaps
Disclosure for Trends Trilogy
Note: The smallcases are mentioned only for educational purposes and are not meant to be recommendatory. Investors must conduct their own research and consult a financial expert before making any investment decisions.
A Brief on the Filters Used
When it comes to selecting the best stocks for swing trading, several key factors come into play. One popular approach uses fundamental indicators such as the Price to Earnings to Growth ratio (PEG), debt-to-equity, and Return on Equity (ROE) to filter potential stocks. The PEG ratio helps evaluate a stock’s valuation relative to its growth prospects, while the debt-to-equity ratio assesses the company’s financial leverage.
Additionally, ROE provides insight into the profitability and efficiency of a company. By considering these indicators, swing traders can identify stocks with solid growth potential, manageable debt levels, and strong profitability, increasing the likelihood of capturing favourable price movements during their trading timeframes.
What is Swing Trading in the Stock Market?
Swing trading is a trading strategy that involves holding positions in financial assets for short periods, typically several days to several weeks, in order to capitalise on short-term price movements. It is a speculative practice aimed at producing capital gains in the medium term, often leveraging technical analysis to determine optimal entry and exit points. Swing traders focus on short-term trends and aim to profit from expected price moves, utilising patterns and signals that indicate potential future movements in swing trading shares and good stocks for swing trading. Swing traders often use a swing trading strategy to maximise returns.
Unlike day trading, where positions are opened and closed within the same day, swing trading allows positions, such as swing stocks, to be held over several days or weeks. This strategy enables traders to avoid the intraday market noise but exposes them to overnight and weekend market risks, where prices could change dramatically due to off-hours news events. Swing traders often use tools like the Tickertape Stock Screener for swing trading to identify swing trading stocks for today or plan for the top 10 swing trading stocks for tomorrow. Identifying the right stock selection for swing trading is critical, and traders frequently prepare a swing trading stocks list or look for the best share for swing trading to stay prepared.
Swing trading is adaptable to various financial markets and is particularly popular among traders seeking to actively manage their portfolios, optimising positions to take advantage of stock price oscillations and market volatility. Traders often rely on strategies that explore how to find stocks for swing trading, ensuring they identify opportunities in the best Nifty 50 stocks for swing trading or compile lists like the swing trade stocks list.
Benefits of Swing Trading
- Potential for substantial profits: Swing trading has the potential for substantial profits by capitalising on swift market moves. This trading style allows traders to yield significant returns over short periods, taking advantage of quick shifts in market dynamics, including stocks to buy today for swing trading and identifying swing trading best stocks to target immediate opportunities.
- Market momentum utilisation: Swing trading leverages short-term trends to benefit from market momentum. By focusing on these trends, traders can strategically position themselves to profit from the market’s directional momentum, which is often driven by broader economic indicators or sector-specific news. Many traders look for the best stocks to buy for swing trading and the stocks for swing trade to maximise their gains. Tools and strategies that focus on how to find swing trading stocks can further refine the selection process.
- Reduced overnight risk: Swing trading involves reduced overnight risk compared to day trading. By holding positions for several days, swing traders are less exposed to the risks that come from overnight market changes, which can be unpredictable and driven by off-hour news events. Using tools like a ticker tape screener for swing trading can help identify the best stocks for swing trading in India tomorrow or swing trading stocks for next week NSE to minimise potential overnight surprises.
- Part-time suitability: Swing trading offers flexibility, making it suitable for those with other commitments. This approach to trading can accommodate part-time engagement, allowing individuals to trade without needing to monitor the markets continuously throughout the day. This is why the best swing trader in India and others often recommend swing trading for those balancing work and trading. Knowing how to choose stocks for swing trading can help traders make informed decisions within limited timeframes.
- Diverse opportunities: Swing traders have access to diverse opportunities across various markets and sectors. This trading style is not limited to specific types of assets or markets, providing traders with the flexibility to explore a wide array of opportunities depending on their interests and market conditions. By identifying swing trading stocks for this week or swing trading stocks for next week NSE, traders can effectively plan their strategies across different sectors. A clear understanding of how to find stock for swing trading can improve these strategies significantly.
- Technical analysis application: Swing trading employs technical analysis to enhance decision-making by identifying potential entry and exit points. Utilising charts, the best indicators for swing trading, and historical data, swing traders can make informed decisions on when to enter or exit trades, optimising their chances for profit. Traders often prioritise how to select stock for swing trading or identify today swing trading stocks to stay ahead in volatile markets.
- Lower transaction costs: Swing trading can lead to lower transaction costs over time due to fewer trades compared to day trading. By engaging in fewer transactions, swing traders can potentially save on costs associated with trading, such as commissions and spreads, which can add up in more active trading styles. This benefit is one reason why swing trading calls and identifying stocks to buy for swing trading are highly sought after among traders aiming for cost-efficiency.
Risks of Swing Trading
Swing trading, a popular trading strategy, involves buying and selling financial assets within a short period, typically several days to several weeks, to capitalise on short-term price movements. While it can be a lucrative way to generate income, swing trading also carries risks that investors should be aware of.
- Higher Risk Involved: Despite the knowledge element required in swing trading, there are often higher risks involved. Even if one uses the best of techniques, stock markets are unpredictable and may result in losses at times. Using stop-loss orders can help in limiting the losses due to movements within a short span.
- Market Risk and Position Risk: When it comes to trading, there are two types of risk: market risk and position risk. Most traders experience both forms of risk. However, swing traders are more likely to experience position risk than market risk. This is due to the strategy of looking to profit off short-term price movements.
- Vulnerability to Gap Ups and Gap Downs: In swing trading, vulnerability to gap ups and gap downs is there. If your trade is in the opposite direction and the stock or index opens with a gap up or gap down, it could lead to heavy losses, and even stop losses are not able to protect in such cases.
- Managing Risk in Swing Trading: To manage risk in high volatile stocks for swing trading, traders can use strategies such as trading smaller positions, using stop-loss orders, and diversifying their portfolios. These strategies can help limit the losses due to movements within a short span and ensure that the risk is managed effectively.
Swing trading can be a lucrative way to generate income in the stock market, but it is essential to manage risk to ensure that the strategy is successful. By understanding the risks involved and using strategies to manage them, investors can minimise their exposure to losses and maximise their returns.
Time Frame for Swing Trading in India
For swing trading in India, the ideal time frame generally spans from a few days to a few weeks. This approach aims to leverage short- to medium-term price movements in stocks or financial instruments. Here’s an overview of effective time frames for swing trading:
- 1 Week to 4 Weeks: This time frame is highly popular as it allows traders to benefit from short-term price shifts while avoiding daily market fluctuations. It provides sufficient time for stocks to move in the anticipated direction.
- Daily and Weekly Charts: Swing traders often use daily charts for precise entry and exit points and weekly charts for a broader view of stock trends. This combination helps confirm the overall market direction.
- Market Conditions & Trading Strategies: The choice of time frame should align with current market conditions. In volatile markets, shorter time frames may be more effective, while stable markets can favour more extended time frames. Different swing trading strategies also influence the ideal time frame. Momentum strategies may benefit from shorter periods, whereas trend-following strategies might work better over longer durations.
Note: Technical analysis is crucial for swing trading, involving the examination of stock charts and indicators to determine optimal entry and exit points. This method can help identify the best times to participate in swing trading by maximising potential profits from market movements.
Difference Between Swing Trading vs Day Trading
Here is a table of comparison between day trading vs swing trading:
| Aspect | Day Trading | Swing Trading |
| Trading Duration | Seconds, minutes, or hours within a single day. | Several days to weeks. |
| Trading Frequency | High frequency, multiple trades per day. | Lower frequency, fewer trades over days or weeks. |
| Size of Returns | Smaller, more frequent gains. | Larger gains from fewer trades. |
| Market Analysis Style | Primarily technical analysis for short-term price movements. | Combination of technical and fundamental analysis. |
| Position Holding | Positions are opened and closed within the same day. | Positions are held overnight or longer. |
| Time Commitment | Requires full dedication and constant monitoring. | Part-time commitment with fewer hours needed daily. |
| Expertise Level | Requires significant expertise and quick decision-making. | Less expertise is needed; beginners may find it easier. |
| Transaction Frequency | Numerous transactions daily, increasing profit opportunities. | Fewer transactions, but often with larger gains. |
| Technology Needs | Requires advanced technology and quick execution. | Less reliant on the latest technology. |
Is Swing Trading Safe?
Swing trading, like all trading strategies, involves risk and isn’t inherently “safe.” While it can offer substantial profits, it also exposes traders to potential losses. The risks arise in even the best volatile stocks for swing trading from market volatility, the need for accurate timing in entering and exiting positions, and exposure to overnight and weekend price changes. Traders can manage these risks by using stop-loss orders, diversifying their investments, and staying informed about market conditions. Ultimately, the safety of swing trading depends on an individual’s risk tolerance, market knowledge, and trading discipline.
To Conclude
Stock selection criteria for swing trading varies from investor to investor. Remember, it is crucial to conduct your own research before investing. For this purpose, #TickertapeHaiNa! With over 200 filters, custom filters, pre-built screens, custom universes, a linking watchlist, export data, and more features, Tickertape Stock Screener is your perfect companion for finding the next best stock for your portfolio. Don’t wait; seize the opportunity now!
Frequently Asked Questions on Best Stocks for Swing Trading
1. How can I effectively pick stocks for swing trading using technical analysis?
Investors can utilise tools like moving averages and trendlines for swing trading stock selection. By incorporating technical analysis methods, traders can identify the best stocks for swing trading based, including the most volatile stocks for swing trading, on price movements and trend analysis.
2. What are the top 10 stocks recommended for swing trading in the upcoming week?
Stay informed about the best stocks for swing trading by using a swing stock screener. The Ticketape Stock Screener can help you identify top swing trading stocks based on specific technical criteria. Try it now!
3. How to select stocks for swing trading to maximise profitability?
Utilise Tickertape Stock Screener for swing trading to filter stocks based on key technical criteria like PEG. By selecting stocks with strong fundamentals and clear trends, traders can enhance profitability in swing trading.
4. What criteria should I consider when selecting stocks for swing trading?
When choosing stocks for swing trading, focus on factors like liquidity, trend analysis, and price movements. Using a swing stock screener can aid in identifying stocks that align with optimal conditions for successful swing trades.
5. How to pick stocks for swing trading and maximise returns?
Incorporate swing trading strategies for stock selection that involve technical analysis and trend confirmation. By utilising tools like moving averages and trendlines, traders can effectively pick stocks for swing trading and increase the potential for profitable trades.
Explore other popular stock collections on Tickertape –
Here’s are some of the popular stock collections across different sectors in India:
As an insatiable reader and learner, I’ve spent the last two years exploring the world of finance. With my creative mind and curious spirit, I love making complex finance topics easy and fun for everyone to understand. Join me on my journey as we navigate the world of finance together!
- Best Mutual Funds for Passive Investors (2025) - Dec 9, 2024
- List of Stocks With RSI Below 30 in India - Dec 9, 2024
- 10 Highest Dividend Paying Stocks in Nifty 50 NSE India - Dec 9, 2024
