5 Best Shares to Buy Tomorrow for Intraday Trading 22nd July 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.

Cholamandalam Investment and Finance Company Ltd 

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

• RSI is 60.9, RSI below 30 is considered oversold and above 70 overbought
• MFI is 61.5, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 690

Target 1 =  693

Target 2 = 696

Target 3 = 702

Stop loss = 684

Godrej Consumer Products Ltd (GODREJCP)

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

• RSI is 65.5, RSI below 30 is considered oversold and above 70 overbought
• MFI is 82.4, MFI above 80 is considered strongly overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 880

Target 1 =  884

Target 2 = 888

Target 3 = 896

Stop loss = 872

Godrej Industries Ltd (GODREJIND)

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

• RSI is 64.6, RSI below 30 is considered oversold and above 70 overbought
• MFI is 79.4, MFI above 70 is considered overbought. This implies that stock may show pullback.

Let’s look the levels:

Buy above = 464

Target 1 =  466

Target 2 = 468

Target 3 = 472

Stop loss = 460

Muthoot Finance Ltd (MUTHOOTFIN) 

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

• RSI is 51.6, RSI below 30 is considered oversold and above 70 overbought
• MFI is 32.9, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 1050

Target 1 =  1055

Target 2 = 1060

Target 3 = 1070

Stop loss = 1040

Petronet LNG Ltd (PETRONET)

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

• RSI is 61.7, RSI below 30 is considered oversold and above 70 overbought
• MFI is 60.6, MFI below 30 is considered oversold and above 70 overbought

Let’s look the levels:

Buy above = 230

Target 1 =  231

Target 2 = 232

Target 3 = 234

Stop loss = 228

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.