5 Best Shares to Buy Tomorrow for Intraday Trading 12nd August 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.

Aurobindo Pharma Ltd (AUROPHARMA)

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

• RSI is 60.2, RSI below 30 is considered oversold and above 70 overbought
• MFI is 64.1, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 578

Target 1 =  580

Target 2 = 583

Target 3 = 588

Stop loss = 573

Berger Paints India Ltd (BERGEPAINT) 

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

• RSI is 74.0, RSI above 70 is considered overbought. This implies that stock may show pullback.
• MFI is 85.0, MFI above 80 is considered strongly overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 680

Target 1 =  683

Target 2 = 686

Target 3 = 692

Stop loss = 674

CHOLAMANDALAM IN & FIN CO (CHOLAFIN ) 

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

• RSI is 76.4, RSI above 70 is considered overbought. This implies that stock may show pullback.
• MFI is 84.8, MFI above 80 is considered strongly overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 780

Target 1 =  783

Target 2 = 787

Target 3 = 794

Stop loss = 773

Godrej Consumer Products Ltd (GODREJCP) 

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

• RSI is 58.9, RSI below 30 is considered oversold and above 70 overbought
• MFI is 53.5, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 878

Target 1 =  882

Target 2 = 886

Target 3 = 894

Stop loss = 870

Kotak Mahindra Bank Ltd (KOTAKBANK) 

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

• RSI is 58.0, RSI below 30 is considered oversold and above 70 overbought
• MFI is 53.7, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1856

Target 1 =  1864

Target 2 = 1874

Target 3 = 1892

Stop loss = 1838

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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.