5 Best Shares to Buy Tomorrow for Intraday Trading 17th 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.

Container Corporation of India Ltd (CONCOR)

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

• RSI is mid-range. RSI is 43.2, RSI below 30 is considered oversold and above 70 overbought.
• MFI oversold MFI is 29.8, MFI below 30 is considered oversold. This implies that stock may rebound.

Let’s look the levels:

Buy above = 621

Target 1 = 624

Target 2 = 627

Target 3 = 633

Stop loss = 615

Godrej Properties Ltd (GODREJPROP) 

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

• RSI is mid-range. RSI is 37.2, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 33.4, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 1390

Target 1 = 1395

Target 2 = 1404

Target 3 = 1418

Stop loss = 1375

Shriram Transport Finance Co (SRTRANSFIN)

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

• RSI is mid-range. RSI is 43.3, 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 = 1097

Target 1 = 1102

Target 2 = 1108

Target 3 = 1119

Stop loss = 1085

Tata Power Co (TATAPOWER) 

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

• RSI is mid-range. RSI is 40.4, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 37.5, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 227.5

Target 1 = 228.2

Target 2 = 229.5

Target 3 = 232

Stop loss = 225

UPL Ltd (UPL)

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

• RSI is mid-range. RSI is 51.8, RSI below 30 is considered oversold and above 70 overbought.
• MFI is mid-range MFI is 65.8, MFI below 30 is considered oversold and above 70 overbought.

Let’s look the levels:

Buy above = 805

Target 1 = 809

Target 2 = 813

Target 3 = 821

Stop loss = 797

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.