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

ALEMBIC PHARMA LTD (APLLTD ) 

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

  • RSI is mid-range. RSI is 50.2, RSI below 30 is considered oversold and above 70 overbought.
  • MFI is mid-range MFI is 44.0, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 738

Target 1 = 741

Target 2 = 745

Target 3 = 752

Stop loss = 731

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 mid-range. RSI is 35.5, RSI below 30 is considered oversold and above 70 overbought.
  • MFI is mid-range MFI is 47.9, 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

Indraprastha Gas Ltd (IGL)

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

  • RSI is mid-range. RSI is 46.3, RSI below 30 is considered oversold and above 70 overbought.
  • MFI is mid-range MFI is 51.5, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 357

Target 1 = 358.5

Target 2 = 360

Target 3 = 363

Stop loss = 354

Max Financial Services Ltd (MFSL)

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

  • RSI is mid-range. RSI is 62.3, 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 = 825

Target 1 = 829

Target 2 = 831

Target 3 = 839

Stop loss = 817

Shriram Transport Finance Co (SRTRANSFIN)

Shriram Trans 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 57.1, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 1153

Target 1 = 1158

Target 2 = 1164

Target 3 = 1175

Stop loss = 1142

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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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