5 Best Shares to Buy Tomorrow for Intraday Trading 8th June 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.

CHOLAMANDALAM IN & FIN CO (CHOLAFIN )

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

  • RSI is mid-range. RSI is 47.7, RSI below 30 is considered oversold and above 70 overbought.
  • MFI is mid-range MFI is 54.0, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 662

Target 1 = 665

Target 2 = 668

Target 3 = 675

Stop loss = 655

Cummins India Ltd (CUMMINSIND)

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

  • RSI is mid-range. RSI is 46.6, RSI below 30 is considered oversold and above 70 overbought.
  • MFI is mid-range MFI is 43.9, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 1014

Target 1 = 1019

Target 2 = 1024

Target 3 = 1035

Stop loss = 1002

Petronet LNG Ltd (PETRONET)

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

  • RSI is mid-range. RSI is 62.7, RSI below 30 is considered oversold and above 70 overbought.
  • MFI is mid-range MFI is 65.2, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 231

Target 1 = 232

Target 2 = 233.5

Target 3 = 235.5

Stop loss = 228

PVR Ltd (PVR) 

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

  • RSI is mid-range. RSI is 50.9, RSI below 30 is considered oversold and above 70 overbought.
  • MFI is mid-range MFI is 61.2, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 1800

Target 1 = 1807

Target 2 = 1818

Target 3 = 1837

Stop loss = 1780

Relaxo Footwears Ltd (RELAXO) 

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

  • RSI is mid-range. RSI is 40.8, RSI below 30 is considered oversold and above 70 overbought.
  • MFI is mid-range MFI is 45.9, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 999

Target 1 = 1003

Target 2 = 1009

Target 3 = 1019

Stop loss = 989

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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.

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