5 Best Shares to Buy Tomorrow for Intraday Trading 20th Dec 2021

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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

Bajaj Electricals Ltd (BAJAJELEC) 

Bajaj Elec is the 1st 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 =  1320

Target 1 = 1325

Target 2 = 1332

Target 3 = 1345

Stop loss = 1302

Blue Star Ltd (BLUESTARCO) 

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

  • RSI is mid-range RSI is 55.8, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 63.0, 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

Sun Pharmaceutical Industries Ltd (SUNPHARMA) 

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

  • RSI is mid-range RSI is 49.1, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 54.9, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above =  772

Target 1 = 775

Target 2 = 779

Target 3 = 787

Stop loss = 763

Phillips Carbon Black Ltd (PHILIPCARB) 

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

  • RSI is mid-range RSI is 49.7, RSI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above =  227.5

Target 1 = 228.5

Target 2 = 230

Target 3 = 232

Stop loss = 225

Power Grid Corporation of India Ltd (POWERGRID)

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

  • RSI is mid-range RSI is 60.4, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 66.1, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above =  210

Target 1 = 211

Target 2 = 212

Target 3 = 214

Stop loss = 208

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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