5 Best Shares to Buy Tomorrow for Intraday Trading 23th 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.

Balrampur Chini Mills Ltd (BALRAMCHIN) 

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

  • RSI is 37.5, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 25.3, MFI below 30 is considered oversold. This implies that stock may rebound.

Let’s look the levels:

Buy above = 343

Target 1 = 344.5

Target 2 = 346

Target 3 = 349

Stop loss = 340

Bharat Electronics Ltd (BEL)

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

  • RSI is 61.8, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 60.9, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 290

Target 1 = 291

Target 2 = 293

Target 3 = 296

Stop loss = 287

Delta Corp Ltd (DELTACORP)

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

  • RSI is 63.9, 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 = 203.5

Target 1 = 204.5

Target 2 = 206

Target 3 = 209

Stop loss = 200

Endurance Technologies Cn Ltd (ENDURANCE) 

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

  • RSI is 51.4, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 42.1, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1440

Target 1 = 1445

Target 2 = 1455

Target 3 = 1470

Stop loss = 1425

Kotak Mahindra Bank Ltd (KOTAKBANK) 

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

  • RSI is 58.8, RSI below 30 is considered oversold and above 70 overbought
  • MFI is 62.7, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1837

Target 1 = 1845

Target 2 = 1855

Target 3 = 1873

Stop loss = 1818

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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