Market Outlook
As markets continue their November momentum, traders are witnessing a steady improvement in broader sentiment. The Nifty 50 has been holding above key support levels, while Bank Nifty continues to show leadership with strong volume-backed buying.
Sector rotation remains active—IT, Energy, Banking, Pharma, and select Midcaps are showing strength. Volatility also remains under control, creating a favourable environment for short-term trading setups.
Based on price action, volume structure, RSI strength, MACD confirmation and short-term trend behaviour, here are the Top Swing Trading Stocks curated for this week by Dhwani Patel.
Top 5 Swing Trading Stocks for This Week (Nov 17–21, 2025)
(All levels are approximate ranges based on technical behaviour)
1. Adani Ports & SEZ (CMP ₹1,512)
Setup: Strong trending structure with steady higher-high formation. Volume expansion confirms institutional interest.
- Entry Zone: ₹1,500 – 1,525
- Stop-Loss: ₹1,455
- Targets: ₹1,575 / ₹1,620
- Reasoning:
- Strong volume accumulation
- RSI above 60 with a bullish setup
- Price comfortably above 20 & 50-day EMAs
- Bias: Bullish Continuation
2. Asian Paints (CMP ₹2,906)
Setup: Defensive strength visible; counter forming a stable recovery from support.
- Entry Zone: ₹2,880 – 2,920
- Stop-Loss: ₹2,825
- Targets: ₹2,980 / ₹3,040
- Reasoning:
- Consistent higher-low structure
- Robust short-term volume surge
- Sectoral rotation favouring FMCG & Consumer names
- Bias: Bullish Pullback
3. Muthoot Finance (CMP ₹3,725)
Setup: One of the strongest breakouts among financial stocks, backed by excellent volume and momentum.
- Entry Zone: ₹3,680 – 3,740
- Stop-Loss: ₹3,590
- Targets: ₹3,850 / ₹3,950
- Reasoning:
- Fresh breakout above resistance
- 9%+ daily move signals strong momentum
- RSI > 65 with MACD positive crossover
- Bias: Bullish Breakout
4. Canara Bank (CMP ₹146)
Setup: PSU banks continue to attract momentum traders; this stock shows a stable trending pattern.
- Entry Zone: ₹144 – 147
- Stop-Loss: ₹137
- Targets: ₹153 / ₹157
- Reasoning:
- Rising trend channel intact
- Strong delivery-based buying
- Bank Nifty strength acting as a booster
- Bias: Bullish Trend
5. Adani Energy Solutions (CMP ₹1,023)
Setup: Breakout attempt with improving short-term structure.
- Entry Zone: ₹1,015 – 1,035
- Stop-Loss: ₹975
- Targets: ₹1,070 / ₹1,110
- Reasoning:
- Bullish reversal from support zone
- RSI recovering above 50
- Volumes indicate accumulation
- Bias: Bullish Reversal
Bonus Watchlist Stocks
(For traders looking for additional opportunities)
Vodafone Idea (CMP ₹10.94)
Range-bound but offering good trading opportunities above ₹11.20.
Watch for: Breakout strength above immediate resistance.
GMR Airports (CMP ₹95.67)
Stable midcap with strong chart structure.
Watch for: Follow-through buying above ₹97–98.
Star Health Insurance (CMP ₹522.45)
Showing sharp recovery with improving financial visibility.
Watch for: Sustained move above ₹530.
Pine Labs (CMP ₹250.89)
Momentum stock turning from oversold conditions.
Watch for: Bullish crossover with volume.
Strategy for the Week
- Prefer momentum-driven sectors over laggards.
- Stick to strict stop-losses in case markets turn volatile.
- Partial booking is advisable near first targets.
- Trade with confirmation-based entries, not anticipation.
Key Takeaways (Tabular Summary)
| Stock | Bias | Entry Zone | Target Range | Stop-Loss |
|---|---|---|---|---|
| Adani Ports | Bullish Continuation | 1,500–1,525 | 1,575–1,620 | 1,455 |
| Asian Paints | Bullish Pullback | 2,880–2,920 | 2,980–3,040 | 2,825 |
| Muthoot Finance | Bullish Breakout | 3,680–3,740 | 3,850–3,950 | 3,590 |
| Canara Bank | Bullish Trend | 144–147 | 153–157 | 137 |
| Adani Energy | Bullish Reversal | 1,015–1,035 | 1,070–1,110 | 975 |
Dhwani Patel’s Trading Insight
“Successful swing trading is not about catching tops or bottoms—it’s about aligning with price strength, respecting risk, and exiting with discipline. A clear plan and structured risk management are the foundation of profitable trading.”
Disclosure & Disclaimer: Dhwani Patel (SEBI Registration No: INH200008608) is a SEBI-registered Research Analyst. All information provided is for educational and informational purposes only and should not be considered investment advice. Trading in equities involves risk. Consult your financial advisor before making investment decisions.
