5 Best Shares to Buy Tomorrow for Intraday Trading 29th July 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.

Escorts Ltd (ESCORTS) 

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

• RSI is 64.7, RSI below 30 is considered oversold and above 70 overbought
• MFI is 81.6, MFI above 80 is considered strongly overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 1730

Target 1 =  1737

Target 2 = 1747

Target 3 = 1765

Stop loss = 1713

Interglobe Aviation Ltd (INDIGO) 

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

• RSI is 63.9, RSI below 30 is considered oversold and above 70 overbought
• MFI is 74.0, MFI above 70 is considered overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 1850

Target 1 =  1856

Target 2 = 1867

Target 3 = 1885

Stop loss = 1822

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 64.3, RSI below 30 is considered oversold and above 70 overbought
• MFI is 55.1, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1195

Target 1 =  1200

Target 2 = 1206

Target 3 = 1214

Stop loss = 1183

Tata Chemicals Ltd (TATACHEM)

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

• RSI is 60.5, 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 = 894

Target 1 =  898

Target 2 = 902

Target 3 = 910

Stop loss = 885

Tech Mahindra Ltd (TECHM)

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

• RSI is 53.6, RSI below 30 is considered oversold and above 70 overbought
• MFI is 34.9, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1043

Target 1 =  1048

Target 2 = 1053

Target 3 = 1063

Stop loss = 1033

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.