5 Best Shares to Buy Tomorrow for Intraday Trading 7th Dec 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

Cummins India Ltd (CUMMINSIND) 

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

  • Cummins India Ltd.’s price crossed above SMA100 today
  • Cummins India Ltd. is trading above it’s 200 day SMA of 885.9

Let’s look the levels:

Buy above = 930

Target 1 = 934

Target 2 = 939

Target 3 = 949

Stop loss = 919

HFCL Ltd (HFCL) 

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

  • HFCL Ltd.’s price crossed above SMA50 today
  • HFCL Ltd. is trading above all available SMAs

Let’s look the levels:

Buy above = 78.3

Target 1 = 78.7

Target 2 = 79.1

Target 3 = 80

Stop loss = 77

Indian Bank (INDIANB) 

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

  • MFI oversold MFI is 21.9, MFI below 30 is considered oversold. This implies that stock may rebound.
  • Indian Bank’s price crossed above SMA100 today

Let’s look the levels:

Buy above = 145.45

Target 1 = 145.9

Target 2 = 147

Target 3 = 148.5

Stop loss = 143.8

Jindal Saw Ltd (JINDALSAW)

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

  • Jindal Saw Ltd.’s price crossed above SMA200 today
  • Jindal Saw Ltd. is trading above it’s 200 day SMA of 104.2

Let’s look the levels:

Buy above = 107.7

Target 1 = 108.1

Target 2 = 108.7

Target 3 = 109.9

Stop loss = 106.5

NHPC Ltd (NHPC) 

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

  • NHPC Ltd. is trading above all available SMAs
  • RSI is mid-range. RSI is 56.4, RSI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 33.6

Target 1 = 33.8

Target 2 = 34.05

Target 3 = 34.45

Stop loss = 33

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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