5 Best Shares to Buy tomorrow for Intraday trading 22th July 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.

Ipca Laboratories Ltd (IPCALAB) 

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

  • RSI is mid-range RSI is 57.9, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 61.3, MFI below 30 is considered oversold and above 70 overbought
  •  MACD is above its center and signal Line, this is a bullish indicator.
  • Ipca Laboratories Ltd. is trading above all available SMAs

Let’s look the levels:

Buy above = 2130

Target 1 = 2138

Target 2 = 2150

Target 3 = 2170

Stop loss = 2110

Oil India Ltd (OIL) 

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

  • RSI is mid-range RSI is 45.6, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 49.4, MFI below 30 is considered oversold and above 70 overbought
  • Oil India Ltd. is trading above it’s 200 day SMA of 119.2

Let’s look the levels:

Buy above = 156

Target 1 = 157

Target 2 = 158

Target 3 = 160

Stop loss = 154

Oil And Natural Gas Corporation Ltd (ONGC) 

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

  • RSI is mid-range RSI is 35.5, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 46.5, MFI below 30 is considered oversold and above 70 overbought
  • Oil And Natural Gas Corporation Ltd. is trading above it’s 200 day SMA of 99.4

Let’s look the levels:

Buy above = 113.25

Target 1 = 113.80

Target 2 = 114.70

Target 3 = 116

Stop loss = 111.90

Polycab India Ltd (POLYCAB) 

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

  • RSI is mid-range RSI is 65.3, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 44.7, MFI below 30 is considered oversold and above 70 overbought
  • Polycab India Ltd. is trading above all available SMAs

Let’s look the levels:

Buy above = 2002

Target 1 = 2010

Target 2 = 2020

Target 3 = 2040

Stop loss = 1979

Trent Ltd (TRENT)

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

  • RSI is mid-range RSI is 44.7, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 63.5, MFI below 30 is considered oversold and above 70 overbought
  • Trent Ltd. is trading above it’s 200 day SMA of 757.0

Let’s look the levels:

Buy above = 870

Target 1 = 873

Target 2 = 878

Target 3 = 887

Stop loss = 860

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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