5 Best Shares to Buy Tomorrow for Intraday Trading 12th April 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.

Adani Port and Special Economic Zone Ltd (ADANIPORTS)

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

• RSI is mid-range. RSI is 69.4, RSI 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 = 860

Target 1 = 864

Target 2 = 868

Target 3 = 876

Stop loss = 851

Cipla Ltd (CIPLA)

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

• RSI is mid-range. RSI is 51.1, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 62.7, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 1028

Target 1 = 1032

Target 2 = 1038

Target 3 = 1048

Stop loss = 1018

DLF Ltd (DLF) 

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

• RSI is mid-range. RSI is 63.6, RSI 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 = 405

Target 1 = 406.8

Target 2 = 409

Target 3 = 413

Stop loss = 400

Torrent Power Ltd (TORNTPOWER) 

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

• RSI Overbought. RSI is 72.0, RSI above 70 is considered overbought. This implies that stock may show pullback.
• MFI strongly Overbought MFI is 88.9, MFI above 80 is considered strongly overbought. This implies that stock may show pullback..

Let’s look the levels:

Buy above = 563

Target 1 = 565

Target 2 = 568

Target 3 = 573

Stop loss = 557

Zee Entertainment Enterprises Ltd (ZEEL) 

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

• RSI is mid-range. RSI is 54.8, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 52.7, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 292

Target 1 = 293

Target 2 = 295

Target 3 = 298

Stop loss = 289

Best Stocks for This Week
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.