5 Best Shares to Buy Tomorrow for Intraday Trading 10th May 2022

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There are many shares in the list and we selected only 5 best shares to buy. Let’s take a look on every share and research about the share in details.

SBI CARD

SBI Card is the 1st share from the list of best shares to buy tomorrow for Intraday trading.

• RSI is mid-range. RSI is 33.3, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 39.3, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 764

Target 1 = 767

Target 2 = 775

Target 3 = 782

Stop loss = 757

Relaxo Footwears Ltd (RELAXO) 

Relaxo is the 2nd share from the list of best shares to buy tomorrow for Intraday trading.

• RSI is mid-range. RSI is 40.6, RSI below 30 is considered oversold and above 70 overbought.
• MFI oversold MFI is 27.9, MFI below 30 is considered oversold. This implies that stock may rebound..

Let’s look the levels:

Buy above = 1092

Target 1 = 1097

Target 2 = 1102

Target 3 = 1112

Stop loss = 1081

Max Financial Services Ltd (MFSL) 

MFSL is the 3rd share from the list of best shares to buy tomorrow for Intraday trading.

• RSI is mid-range. RSI is 38.3, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 46.9, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 715

Target 1 = 718

Target 2 = 722

Target 3 = 729

Stop loss = 707

Indraprastha Gas Ltd (IGL)

IGL is the 4th share from the list of best shares to buy tomorrow for Intraday trading.

• RSI is mid-range. RSI is 36.6, RSI below 30 is considered oversold and above 70 overbought.
• MFI oversold MFI is 25.7, MFI below 30 is considered oversold. This implies that stock may rebound.

Let’s look the levels:

Buy above = 355

Target 1 = 356

Target 2 = 357.5

Target 3 = 361

Stop loss = 352

Cyient Ltd (CYIENT) 

Cyient is the 5th share from the list of best shares to buy tomorrow for Intraday trading.

• RSI is mid-range. RSI is 44.8, RSI below 30 is considered oversold and above 70 overbought.
• MACD is below its Signal and Center Line, this is a strong bearish indicator.

Let’s look the levels:

Buy above = 865

Target 1 = 868

Target 2 = 873

Target 3 = 881

Stop loss = 857

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Positional Trading

Disclaimer: This is an Educational Initiative and is NOT registered under any SEBI regulations. All the information that we provide is just for Educational purposes and you should consult your financial adviser before taking any investment decision. Also we do NOT provide any form of Stock Tips or Advise on stocks or portfolios. My All Trades Only Education Purpose. All trades will be at your risk. You have the responsibility of any trade or any benefit or loss.