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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.