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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.
Bata India Ltd (BATAINDIA)
Bata India is the 1st share from the list of best shares to buy tomorrow for Intraday trading.
- MFI is mid-range MFI is 50.9, MFI below 30 is considered oversold and above 70 overbought
- MACD is above its center and signal Line, this is a bullish indicator.
Let’s look the levels:
Buy above = 2175
Target 1 = 2183
Target 2 = 2195
Target 3 = 2215
Stop loss = 2152
Cummins India Ltd (CUMMINSIND)
Cummins India Ltd is the 2nd share from the list of best shares to buy tomorrow for Intraday trading.
- RSI is mid-range RSI is 52.9, RSI below 30 is considered oversold and above 70 overbought
- MFI is mid-range MFI is 63.2, MFI below 30 is considered oversold and above 70 overbought
Let’s look the levels:
Buy above = 925
Target 1 = 929
Target 2 = 935
Target 3 = 945
Stop loss = 914
Escorts Ltd (ESCORTS)
Escorts Ltd. is the 3rd share from the list of best shares to buy tomorrow for Intraday trading.
- RSI is mid-range RSI is 58.7, RSI below 30 is considered oversold and above 70 overbought
- MFI is mid-range MFI is 67.0, MFI below 30 is considered oversold and above 70 overbought
Let’s look the levels:
Buy above = 1580
Target 1 = 1585
Target 2 = 1595
Target 3 = 1610
Stop loss = 1563
Reliance Industries Ltd (RELIANCE)
Reliance Ltd is the 4th share from the list of best shares to buy tomorrow for Intraday trading.
- RSI is mid-range RSI is 45.6, RSI below 30 is considered oversold and above 70 overbought
- MFI strongly Oversold MFI is 14.8, MFI below 20 is considered strongly oversold. This implies that stock may rebound.
Let’s look the levels:
Buy above = 2529
Target 1 = 2538
Target 2 = 2555
Target 3 = 2580
Stop loss = 2502
Trent Ltd (TRENT)
Trent is the 5th share from the list of best shares to buy tomorrow for Intraday trading.
- RSI is mid-range RSI is 63.4, RSI below 30 is considered oversold and above 70 overbought
- MFI is mid-range MFI is 69.8, MFI below 30 is considered oversold and above 70 overbought
Let’s look the levels:
Buy above = 1132
Target 1 = 1136
Target 2 = 1142
Target 3 = 1153
Stop loss = 1120
Best Stocks for This Week
Positional Trading
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