5 Best Shares to Buy Tomorrow for Intraday Trading 3rd August 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.

Bajaj Auto Ltd (BAJAJ-AUTO) 

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

• RSI is 59.7, RSI below 30 is considered oversold and above 70 overbought
• MFI is 64.8, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 4004

Target 1 =  4020

Target 2 = 4044

Target 3 = 4085

Stop loss = 3960

Granules India Ltd (GRANULES) 

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

• RSI is 66.7, RSI below 30 is considered oversold and above 70 overbought
• MFI is 70.8, MFI above 70 is considered overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 312

Target 1 =  313.5

Target 2 = 315

Target 3 = 318

Stop loss = 309

Grasim Industries Ltd (GRASIM)

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

• RSI is 77.1, RSI above 70 is considered overbought. This implies that stock may show pullback.
• MFI is 87.2, MFI above 80 is considered strongly overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 1595

Target 1 =  1600

Target 2 = 1610

Target 3 = 1625

Stop loss = 1580

Interglobe Aviation Ltd (INDIGO)

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

• RSI is 72.8, RSI above 70 is considered overbought. This implies that stock may show pullback.
• MFI is 72.9, MFI above 70 is considered overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 1950

Target 1 =  1958

Target 2 = 1970

Target 3 = 1990

Stop loss = 1930

JSW Steel Ltd (JSWSTEEL) 

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

• RSI is 72.9, RSI above 70 is considered overbought. This implies that stock may show pullback.
• MFI is 58.9, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 650

Target 1 =  653

Target 2 = 656

Target 3 = 662

Stop loss = 644

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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.