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

DABUR INDIA LTD (DABUR ) 

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

  • RSI is 62.3, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 76.8, MFI above 70 is considered overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 575

Target 1 =  577

Target 2 = 580

Target 3 = 585

Stop loss = 570

Deepak Nitrite Ltd (DEEPAKNTR)

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

  • RSI is 67.7, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 69.2, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 2018

Target 1 =  2026

Target 2 = 2038

Target 3 = 2058

Stop loss = 1998

Infosys Ltd (INFY) 

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

  • RSI is 66.0, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 62.6, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1602

Target 1 =  1608

Target 2 = 1618

Target 3 = 1634

Stop loss = 1586

JSW Energy Ltd (JSWENERGY) 

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

  • RSI is 69.7, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 90.7, MFI above 80 is considered strongly overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 275

Target 1 =  276

Target 2 = 278

Target 3 = 281

Stop loss = 271

Pidilite Industries Ltd (PIDILITIND)

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

  • RSI is 79.9, RSI above 70 is considered overbought. This implies that stock may show pullback.
  • MFI is 72.0, MFI above 70 is considered overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 2560

Target 1 =  2570

Target 2 = 2585

Target 3 = 2610

Stop loss = 2535

                                                                        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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