5 Best Shares to Buy Tomorrow for Intraday Trading 19th 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.

Godrej Consumer Products Ltd (GODREJCP)

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

• RSI is 68.3, 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 = 920

Target 1 = 924

Target 2 = 929

Target 3 = 939

Stop loss = 910

Marico Ltd (MARICO)

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

• RSI is 50.3, RSI below 30 is considered oversold and above 70 overbought
• MFI is 37.0, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 515

Target 1 = 517

Target 2 = 520

Target 3 = 525

Stop loss = 510

Tata Chemicals Ltd (TATACHEM)

Tata Chem is the 3rd 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 = 1125

Target 1 = 1130

Target 2 = 1135

Target 3 = 1146

Stop loss = 1115

Tata Communications Limited (TATACOMM) 

Tata Comm 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 78.3, MFI above 70 is considered overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 1090

Target 1 = 1095

Target 2 = 1100

Target 3 = 1110

Stop loss = 1080

Tech Mahindra Ltd (TECHM) 

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

• RSI is 66.6, RSI below 30 is considered oversold and above 70 overbought
• MFI is 73.5, MFI above 70 is considered overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 1110

Target 1 = 1115

Target 2 = 1120

Target 3 = 1130

Stop loss = 1100

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.