5 Best Shares to Buy tomorrow for Intraday trading 6th August 2021

Hurry Up!! Rs 399/- offer is valid for limited time

Join Now

90% Accuracy of June Month Report

Check here

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.

JSW Steel Ltd (JSWSTEEL) 

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

  • RSI is mid-range RSI is 63.0, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 57.8, MFI below 30 is considered oversold and above 70 overbought
  • MACD is above its center and signal Line, this is a bullish indicator.
  • JSW Steel Ltd. is trading above all available SMAs

Let’s look the levels:

Buy above = 765

Target 1 = 769

Target 2 = 775

Target 3 = 785

Stop loss = 755

Get All 4 Stocks
Please buy Monthly Subscription plan for Stock buy/sell levels with charts before market open.
If you already have membership please login
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.

5 Best Shares to Buy tomorrow for Intraday trading 5th August 2021

Hurry Up!! Rs 399/- offer is valid for limited time

Join Now

90% Accuracy of June Month Report

Check here

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.

AU Small Finance Bank Ltd (AUBANK)

Au Small Finance Bank Ltd. is the 1st share from the list of best shares to buy tomorrow for Intraday trading.

  • RSI is mid-range RSI is 64.4, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 60.6, MFI below 30 is considered oversold and above 70 overbought
  • Au Small Finance Bank Ltd. is trading above all available SMAs

Let’s look the levels:

Buy above = 1252

Target 1 = 1256

Target 2 = 1262

Target 3 = 1275

Stop loss = 1239

5 Best Shares to Buy tomorrow for Intraday trading 5th August 2021

Cipla Ltd (CIPLA)

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

  • RSI is mid-range RSI is 56.7, RSI below 30 is considered oversold and above 70 overbought
  • RSI is mid-range RSI is 49.2, RSI below 30 is considered oversold and above 70 overbought
  • Cipla Ltd. is trading above it’s 200 day SMA of 852.2

Let’s look the levels:

Buy above = 942

Target 1 = 946

Target 2 = 951

Target 3 = 960

Stop loss = 932

5 Best Shares to Buy tomorrow for Intraday trading 5th August 2021

Kotak Mahindra Bank Ltd (KOTAKBANK)

Kotak Bank Ltd. is the 3rd share from the list of best shares to buy tomorrow for Intraday trading.

  • RSI is mid-range RSI is 56.7, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 62.7, MFI below 30 is considered oversold and above 70 overbought
  • Kotak Mahindra Bank Ltd.’s price crossed above SMA30 today
  • Kotak Mahindra Bank Ltd. is trading above it’s 50 day SMA of 1744.6

Let’s look the levels:

Buy above = 1753

Target 1 = 1759

Target 2 = 1770

Target 3 = 1787

Stop loss = 1733

5 Best Shares to Buy tomorrow for Intraday trading 5th August 2021

Lupin Ltd (LUPIN)

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

  • RSI is mid-range RSI is 50.8, RSI below 30 is considered oversold and above 70 overbought
  • MFI is mid-range MFI is 52.7, MFI below 30 is considered oversold and above 70 overbought
  • Lupin Ltd. is trading above it’s 200 day SMA of 1059.5

Let’s look the levels:

Buy above = 1159

Target 1 = 1163

Target 2 = 1170

Target 3 = 1180

Stop loss = 1148

5 Best Shares to Buy tomorrow for Intraday trading 5th August 2021

Siemens Ltd (SIEMENS) 

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

  • RSI is mid-range RSI is 60.7, RSI below 30 is considered oversold and above 70 overbought
  • Siemens Ltd. is trading above all available SMAs

Let’s look the levels:

Buy above = 2052

Target 1 = 2060

Target 2 = 2070

Target 3 = 2090

Stop loss = 2028

5 Best Shares to Buy tomorrow for Intraday trading 5th August 2021

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.

Frequently Asked Questions(FAQ) for Tomorrow Best Intraday Stocks

Should I make intraday trading plan before one day of market?

Definitely yes, everyone should make intraday trading plan before one day of market.

Why its important to make intraday trading plan one day before market?

Let’s think you have not make any plan before the market open, When the market opens, you’ll look only trading signals or any tips or any advisory or according to someone’s trade. You takes an trade and think it’ll go up as the indicator showing strength. As a you enter in trade it’s moving in your direction and you’ll think your decision to take trade is right. But you don’t know where to book profit and stock comes down and more down levels.You couldn’t book the profit because you don’t know where to book some profit. There are basic rules of intraday trading is Entry, target and Stoploss should be fixed before entering in any trade. Because after entry in trade, human emotions play an important role and it’s hard to take decision with the emotions.Let’s suppose, you have a plan for next day trading, you’ve watchlist of some stocks with levels(Entry, Exit, Stoploss). Now you can control your emotions as you know where to book profit and where to book loss. It’ll be fixed on both side whether it is profit or loss.

How we choose the best intraday stocks and levels?

There are many parameters for choosing any stock for your next day watchlist. For intraday trading, technical analysis play an important role.  We look over 300 stocks daily after market and check every stocks on different parameters like Moving Averages, Resistance, Support on One day, Hourly and 15mins chart.

Are the given stocks prediction is always right?

We are providing stocks on technical basis or on different parameters and these are only prediction. There is nothing 100% right. If the given stock levels break, the stock can jump to new highs but always remember this is share market, things can be change any time so one's need to prepare for everything whether it is profit or loss.