5 Best Shares to Buy Tomorrow for Intraday Trading 16th Dec 2021

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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

APL Apollo Tubes Ltd (APLAPOLLO) 

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

  •  MACD is above its center and signal Line, this is a bullish indicator.

Let’s look the levels:

Buy above = 1100

Target 1 = 1104

Target 2 = 1110

Target 3 = 1120

Stop loss = 1089

Kajaria Ceramics Ltd (KAJARIACER) 

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

  • RSI is mid-range RSI is 58.4, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 58.7, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1210

Target 1 = 1215

Target 2 = 1222

Target 3 = 1234

Stop loss = 1197

Mphasis Ltd (MPHASIS)

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

  • RSI is mid-range RSI is 50.8, RSI below 30 is considered oversold and above 70 overbought
  • MFI oversold MFI is 24.5, MFI below 30 is considered oversold. This implies that stock may rebound.

Let’s look the levels:

Buy above = 3220

Target 1 = 3230

Target 2 = 3250

Target 3 = 3280

Stop loss = 3185

The Ramco Cements Ltd (RAMCOCEM)

Ramco Cements is the 4th 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 59.8, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1002

Target 1 = 1006

Target 2 = 1012

Target 3 = 1022

Stop loss = 990

Sun Pharmaceutical Industries Ltd (SUNPHARMA) 

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

  • RSI is mid-range RSI is 43.3, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 37.5, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 778

Target 1 = 781

Target 2 = 785

Target 3 = 792

Stop loss = 770

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.

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