5 Best Shares to Buy Tomorrow for Intraday Trading 17th 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.

Bandhan Bank Ltd (BANDHANBNK) 

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

• RSI is 50.8, RSI below 30 is considered oversold and above 70 overbought
• MFI is 62.1, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 281

Target 1 =  282

Target 2 = 283.5

Target 3 = 286

Stop loss = 278.5

Cipla Ltd (CIPLA)

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

• RSI is 64.4, RSI below 30 is considered oversold and above 70 overbought
• MFI is 83.9, MFI above 80 is considered strongly overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 1036

Target 1 =  1040

Target 2 = 1046

Target 3 = 1056

Stop loss = 1026

Jubilant Foodworks Ltd (JUBLFOOD) 

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

• RSI is 57.7, RSI below 30 is considered oversold and above 70 overbought
• MFI is 52.6, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 585

Target 1 =  587

Target 2 = 590

Target 3 = 595

Stop loss = 580

Radico Khaitan Ltd (RADICO) 

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

• RSI is 60.8, RSI below 30 is considered oversold and above 70 overbought
• MFI is 38.4, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 955

Target 1 =  959

Target 2 = 965

Target 3 = 975

Stop loss = 945

TATA CONSUMER PRODUCT LTD (TATACONSUM)

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

• RSI is 48.9, RSI below 30 is considered oversold and above 70 overbought
• MFI is 26.3, MFI below 30 is considered oversold. This implies that stock may rebound.

Let’s look the levels:

Buy above = 780

Target 1 =  783

Target 2 = 787

Target 3 = 794

Stop loss = 773

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.