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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.
Colgate-Palmolive (India) Ltd (COLPAL)
Colgate Pal Ltd is the 1st share from the list of best shares to buy for this week.
- RSI is mid-range RSI is 46.4, RSI below 30 is considered oversold and above 70 overbought
- MFI oversold MFI is 29.7, MFI below 30 is considered oversold. This implies that stock may rebound.
Let’s look the levels:
Buy above = 1690
Target 1 = 1710
Target 2 = 1730
Target 3 = 1755
Stop loss = 1640
Dabur India Ltd (DABUR)
Dabur Ltd is the 2nd share from the list of best shares to buy for this week.
- RSI is mid-range RSI is 42.8, RSI below 30 is considered oversold and above 70 overbought
- MFI is mid-range MFI is 40.2, MFI below 30 is considered oversold and above 70 overbought
Let’s look the levels:
Buy above = 620
Target 1 = 627
Target 2 = 635
Target 3 = 645
Stop loss = 599
Relaxo Footwears Ltd (RELAXO)
Relaxo Footwears Ltd is the 3rd share from the list of best shares to buy for this week.
- RSI is mid-range RSI is 50.8, RSI below 30 is considered oversold and above 70 overbought
- MFI is mid-range MFI is 44.9, MFI below 30 is considered oversold and above 70 overbought
Let’s look the levels:
Buy above = 1178
Target 1 = 1190
Target 2 = 1205
Target 3 = 1230
Stop loss = 1130
Siemens Ltd (SIEMENS)
Siemens Ltd. is the 4th share from the list of best shares to buy for this week.
- RSI is mid-range RSI is 47.4, RSI below 30 is considered oversold and above 70 overbought
- MFI is mid-range MFI is 55.7, MFI below 30 is considered oversold and above 70 overbought
Let’s look the levels:
Buy above = 2150
Target 1 = 2170
Target 2 = 2200
Target 3 = 2235
Stop loss = 2075
UltraTech Cement Ltd (ULTRACEMCO)
Ultratech Cement Ltd is the 5th share from the list of best shares to buy for this week.
- RSI is mid-range RSI is 42.9, RSI below 30 is considered oversold and above 70 overbought
- MFI is mid-range MFI is 33.1, MFI below 30 is considered oversold and above 70 overbought
Let’s look the levels:
Buy above = 7502
Target 1 = 7550
Target 2 = 7650
Target 3 = 7800
Stop loss = 7300
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.