5 Best Shares to Buy Tomorrow for Intraday Trading 2nd May 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.

Deepak Nitrite Ltd (DEEPAKNTR) 

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

• RSI is mid-range. RSI is 58.1, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 53.3, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 2330

Target 1 = 2337

Target 2 = 2352

Target 3 = 2374

Stop loss = 2304

Laurus Labs Ltd (LAURUSLABS) 

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

• RSI is mid-range. RSI is 47.9, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 58.6, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 586

Target 1 = 589

Target 2 = 592

Target 3 = 597

Stop loss = 580

Multi Commodity Exchange of India Ltd (MCX)

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

• RSI is mid-range. RSI is 55.5, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 53.5, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 1435

Target 1 = 1440

Target 2 = 1450

Target 3 = 1464

Stop loss = 1420

Torrent Pharmaceuticals Ltd (TORNTPHARM)

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

• RSI is mid-range. RSI is 53.1, RSI below 30 is considered oversold and above 70 overbought.
• MACD is below its Signal and Center Line, this is a strong bearish indicator.

Let’s look the levels:

Buy above = 2830

Target 1 = 2838

Target 2 = 2859

Target 3 = 2888

Stop loss = 2800

UPL Ltd (UPL) 

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

• RSI is mid-range. RSI is 51.7, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 62.4, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 830

Target 1 = 834

Target 2 = 838

Target 3 = 842

Stop loss = 822

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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.