5 Best Shares to Buy Tomorrow for Intraday Trading 9th Feb 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.

Tata Steel Ltd (TATASTEEL)

Tata Steel is the 1st 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 53.2, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1220

Target 1 = 1225

Target 2 = 1232

Target 3 = 1244

Stop loss = 1208

Sun Pharmaceutical Industries Ltd (SUNPHARMA)

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

  • RSI is mid-range RSI is 65.7, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 59.8, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 895

Target 1 = 899

Target 2 = 903

Target 3 = 913

Stop loss = 887

Hindustan Unilever Ltd (HINDUNILVR)

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

  • RSI is mid-range RSI is 40.6, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 38.5, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 2268

Target 1 = 2277

Target 2 = 2288

Target 3 = 2310

Stop loss = 2250

Reliance Industries Ltd (RELIANCE) 

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

  • RSI is mid-range RSI is 36.4, RSI below 30 is considered oversold and above 70 overbought
  • MFI strongly Oversold MFI is 18.8, MFI below 20 is considered strongly oversold. This implies that stock may rebound.

Let’s look the levels:

Buy above = 2357

Target 1 = 2365

Target 2 = 2380

Target 3 = 2405

Stop loss = 2334

IndusInd Bank Ltd (INDUSINDBK) 

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

  • RSI is mid-range RSI is 53.7, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 56.8, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 940

Target 1 = 944

Target 2 = 949

Target 3 = 959

Stop loss = 930

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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