5 Best Shares to Buy Tomorrow for Intraday Trading 1st September 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 64.6, 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 = 925

Target 1 = 929

Target 2 = 934

Target 3 = 945

Stop loss = 915

Power Finance Corporation Ltd (PFC)

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

  • RSI is 60.3, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 65.4, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 120

Target 1 = 120.5

Target 2 = 121

Target 3 = 122

Stop loss = 119

SBI Life Insurance Company Ltd (SBILIFE)

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

  • RSI is 65.6, 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 = 1332

Target 1 = 1337

Target 2 = 1345

Target 3 = 1358

Stop loss = 1319

Shriram Transport Finance Co (SRTRANSFIN) 

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

  • RSI is 51.2, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 42.6, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1360

Target 1 = 1365

Target 2 = 1373

Target 3 = 1386

Stop loss = 1347

United Breweries Ltd (UBL)

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

  • RSI is 53.7, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 43.5, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1652

Target 1 = 1657

Target 2 = 1668

Target 3 = 1684

Stop loss = 1636

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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