5 Best Shares to Buy Tomorrow for Intraday Trading 18th 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 = 287.5

Target 1 =  288.5

Target 2 = 290

Target 3 = 292.7

Stop loss = 285

Bharti Airtel Ltd (BHARTIARTL)

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

  • RSI is 65.4, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 55.6, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 724

Target 1 =  727

Target 2 = 731

Target 3 = 738

Stop loss = 714

Dabur India Ltd (DABUR)

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

  • RSI is 64.6, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 79.2, MFI above 70 is considered overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 586

Target 1 =  588

Target 2 = 591

Target 3 = 596

Stop loss = 581

Relaxo Footwears Ltd (RELAXO) 

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

  • RSI is 58.5, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 49.3, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1020

Target 1 =  1025

Target 2 = 1030

Target 3 = 1040

Stop loss = 1009

Tata Coffee Ltd (TATACOFFEE) 

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

  • RSI is 55.4, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 67.0, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 220

Target 1 =  221

Target 2 = 222

Target 3 = 224

Stop loss = 218

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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