5 Best Stocks to Buy Today for This Week (9th May – 13th May) 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.

Hero MotoCorp Ltd (HEROMOTOCO) 

Hero Motocorp is the 1st share from the list of best shares to buy for this week.

• RSI is mid-range. RSI is 63.7, RSI below 30 is considered oversold and above 70 overbought.
• MACD is above its center and signal Line, this is a bullish indicator.

Let’s look the levels:

Buy above = 2590

Target 1 = 2615

Target 2 = 2640

Target 3 = 2675

Stop loss = 2540

Power Grid Corporation of India Ltd (POWERGRID)

Power Grid is the 2nd share from the list of best shares to buy for this week.

• RSI is mid-range. RSI is 60.9, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 48.7, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 240

Target 1 = 243

Target 2 = 246

Target 3 = 251

Stop loss = 235

Shriram Transport Finance Co (SRTRANSFIN)

Shriram Transport is the 3rd share from the list of best shares to buy for this week.

• RSI is mid-range. RSI is 53.8, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 55.9, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 1200

Target 1 = 1215

Target 2 = 1240

Target 3 = 1270

Stop loss = 1170

Tech Mahindra Ltd (TECHM) 

Tech Mahindra is the 4th share from the list of best shares to buy for this week.

• RSI is mid-range. RSI is 40.6, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 35.6, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 1300

Target 1 = 1315

Target 2 = 1335

Target 3 = 1370

Stop loss = 1265

Zee Entertainment Enterprises Ltd (ZEEL)

Zee Enter is the 5th share from the list of best shares to buy for this week.

• RSI is mid-range. RSI is 39.6, RSI below 30 is considered oversold and above 70 overbought.
• MFI oversold MFI is 25.9, MFI below 30 is considered oversold. This implies that stock may rebound.

Let’s look the levels:

Buy above = 250

Target 1 = 252

Target 2 = 255

Target 3 = 260

Stop loss = 245

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.