What do I mean by Swing Trading?

There are many people so is doing day trade which is popularly known as Intraday trading. Intraday trading needs a lot of understanding of the market and risk management skills.

I am working in an IT firm where I will be busy with my work. It will be a bit difficult for me to do intraday trading. So will go with Swing Trading.

Basically, I will do swing trading on weekly analysis, on the weekends I will identify the support and resistance and from there I will add many alerts to buy. Once the price hit the alter then I will immediately purchase the stock.

Swing trade will be taken for a couple of weeks or months. I will take trade for around 20 to 30 days, within that it will hit the stop loss or target whichever comes first.

Please understand that swing trades can also have predefined stop losses and target so add GTT to your trades.

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Best stocks to buy in the monsoon?

The monsoon season will bring the rainfall for around 3 to 5 months. For this reason, we need to focus on the company which is bases on Agriculture or related. The Agriculture economy places an important role in the Indian Stock Market.

We can consider the Agriculture sector as the backbone of the Indian Economy System. Food comes with basic needs and agriculture is the core of this system. The Agri economy contributes over 16% of GDP.

The main focused sector will be FMCG and Auto Space. The agriculture market includes some of the following like seeds, fertilizers and tractors etc.

Disclaimer: This is my personal watchlist and sharing it for educational purposes. You can again go through your analysis and take your decision. We are not responsible for the profits and losses you are making.

Hindustan Unilever Ltd

The stocks comes under the FMCG sector and with a market cap of 653+ Cr and ranked under 6th position. This is one of the Large-cap stocks having lower risk on investment.

The P/E Ratio is 91.72 and Dividend Yield is around 1.46%. If you consider the sector-wise performance then this stock has given sector PE 54.37 and sector PB 10.31.

Dabur India Ltd

The stocks come under the Consumer Staples, FMCG sector and with a market cap of 1,12,223+ Cr and ranked under 44th position. This is one of the Large-cap stocks having lower risk on investment.

The company produces various products for hair care, oral care and skin care. I am using Toothpaste of this company.

The P/E Ratio is 66.28 and Dividend Yield is around 0.75%. If you consider the sector-wise performance then this stock has given sector PE 50.05 and sector PB 9.27.

PI Industries Ltd

The stocks come under Materials, Diversified Chemicals and with a market cap of 51,709+ Cr and ranked under 91st position. This is one of the Large-cap stocks having moderate risk on investment.

The company mainly focuses on the manufacturing and distribution of agrochemicals.

The P/E Ratio is 70 and Dividend Yield is around 0.15%. If you consider the sector-wise performance then this stock has given sector PE 24.63 and sector PB 3.20.

One Month Return

Hindustan Unilever Ltd 16.92%

Dabur India Ltd 7.79%

DABUR-stock-analysis


PI Industries Ltd 8.39%

PIIND-stock-analysis

Conclusion

If you are new in the market keep it simple and try to learn new things from the market. These are my point of view on the stocks please don’t take any trade blindly without following rules and be good with risk management as well.

Let me know some stock which you are taking a position in the coming days.

Thank You.

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