5 Best Shares to Buy Tomorrow for Intraday Trading 16th Feb 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.

HCL Technologies Ltd (HCLTECH) 

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

  • RSI is mid-range RSI is 42.6, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 55.6, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1173

Target 1 = 1178

Target 2 = 1184

Target 3 = 1195

Stop loss = 1163

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Hindalco Industries Ltd (HINDALCO)

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

  • RSI is mid-range RSI is 56.7, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 65.4, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 535

Target 1 = 537

Target 2 = 540

Target 3 = 545

Stop loss = 530

PVR Ltd (PVR) 

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

  • RSI is mid-range RSI is 56.4, RSI below 30 is considered oversold and above 70 overbought
  •  MACD is above its Center Line, but below signal line.

Let’s look the levels:

Buy above = 1650

Target 1 = 1657

Target 2 = 1666

Target 3 = 1682

Stop loss = 1635

Asian Paints Ltd (ASIANPAINT) 

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

  • RSI is mid-range RSI is 38.6, 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 = 3270

Target 1 = 3285

Target 2 = 3310

Target 3 = 3340

Stop loss = 3240

TVS Motor Company Ltd (TVSMOTOR) 

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

  • RSI is mid-range RSI is 49.6, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 58.8, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 665

Target 1 = 668

Target 2 = 671

Target 3 = 677

Stop loss = 660

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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.

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