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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)
Colpal is the 1st share from the list of best shares to buy for this week.
- RSI is mid-range RSI is 51.3, RSI below 30 is considered oversold and above 70 overbought
- MFI is mid-range MFI is 54.6, MFI below 30 is considered oversold and above 70 overbought
Let’s look the levels:
Buy above = 1445
Target 1 = 1460
Target 2 = 1475
Target 3 = 1500
Stop loss = 1420
Hindustan Petroleum Corporation Ltd (HINDPETRO)
Hind Petro is the 2nd share from the list of best shares to buy for this week.
- RSI is mid-range RSI is 46.6, RSI below 30 is considered oversold and above 70 overbought
- MFI is mid-range MFI is 61.3, MFI below 30 is considered oversold and above 70 overbought
Let’s look the levels
Buy above = 285
Target 1 = 288
Target 2 = 291
Target 3 = 295
Stop loss = 280
Infosys Ltd (INFY)
Infosys is the 3rd share from the list of best shares to buy for this week.
- RSI is mid-range RSI is 47.7, RSI below 30 is considered oversold and above 70 overbought
- MFI is mid-range MFI is 57.3, MFI below 30 is considered oversold and above 70 overbought
Let’s look the levels
Buy above = 1730
Target 1 = 1745
Target 2 = 1765
Target 3 = 1790
Stop loss = 1700
Mphasis Ltd (MPHASIS)
Mphasis is the 4th share from the list of best shares to buy for this week.
- RSI is mid-range RSI is 57.0, 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 = 3215
Target 1 = 3240
Target 2 = 3270
Target 3 = 3310
Stop loss = 3160
Tech Mahindra Ltd (TECHM)
Tech m is the 5th share from the list of best shares to buy for this week.
- RSI is mid-range RSI is 49.3, RSI below 30 is considered oversold and above 70 overbought
- MFI is mid-range MFI is 64.0, MFI below 30 is considered oversold and above 70 overbought
Let’s look the levels
Buy above = 1458
Target 1 = 1470
Target 2 = 1485
Target 3 = 1515
Stop loss = 1425
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.