The best stocks to trade today are recommended by Raja Venkatraman of Neotrader

Copyright © HT Digital Streams Limit all rights reserved. Raja Venkatraman, co-founder, Neotrader, recommends three shares for August 21. Summary expert shares: Neotrader’s Raja Venkatraman recommends three shares to trade on Thursday, August 21. Investors breathed a sigh of relief on Wednesday when the Nifty 50 again crossed 25,000. But given the two-phase nature of the market, uncertainty remains, which makes investors guess. Three shares to buy or sell as recommended by Raja Venkatraman of Neotrader for Thursday, August 21 Fact: Buy above £ 1.015 and on dips up to £ 980, stop £ 965, target £ 1.125-1,150 chalet: Buy at CMP and on dips to £ 965, stop £ 950, target £ 1,070-1.098 On dips up to £ 606, £ 590 stops, targets £ 680-700 how the stock market performed on Dalal Street on Wednesday, its finish line expanded on Wednesday to a fifth direct session, as investors cheered the government’s plan to rationalize the goods and service tax (GST). The Sensex climbed 213.45 points or 0.26% to close at 81,857,84, while the Nifty scored 69.90 points or 0.28% to sit down at 25,050,55. The width of the market was positive, with 2.071 shares progressing, 1,588 falling and 124 unchanged. The current rally also reflects optimism about the reform of the pre-diwali GST that can stimulate the demand for cars, FMCG, insurance and selected financial shares. An improvement in the bonds of India-China raised the sentiment. However, the rally depends on many factors, especially US rates, so investors are running. Prospects for trading the gap area highlighted yesterday support the trends, which are largely aimed at trading rather than investing. From a trading perspective, we can see on the daily charts that the Gap support area has helped the prices return. The gradual rise we saw last week will continue as we trade the weekly expiration today. The emerging trend clearly indicates that the rally was a hold of the resistance zone last week and that a gap opening ensured that prices were traded above that series. The move above 25,000 (Nifty Spot) indicates a bullish bias. Momentum on hourly charts indicates that the market seems to have taken up sales pressure. However, we can expect the increase to remain reluctant as the clumsy overhang continues. Look at the full image source: Tradeview We continue to maintain short positions in the Nifty, as long as 24,800 strokes, and look at any sustained move below the level as a clear sign that Bullish is declining. What was previously about 24,500 support has now shifted to 24,800, while an open interest at 25,200 points reaches the next important resistance zone. If the index breaks down from the current 30-minute series on Wednesday, we can turn to two-way ambiguity, but until then the trend remains in a preliminary position. Geopolitical uncertainty is still great, limiting the market’s ability to achieve strong directional movements, so be prepared to quickly include profits. At the same time, monitor FII/DII flow data for shifts in institutional sentiment, see how we use yields and rough oil volatility for potential catalysts, use leverage heat tickets to expand bags from expanding the risk, and considers it to view short-term option structures-like one-week IRS Iron Conditions oms on subdued direction conviction. Options data suggests that PCR is now comfortable moving above 1, emphasizing that the trends show the intention to move higher. Steady continued writing from 25,000 to 24,800 levels, absorbing the prejudice and helping the recovery. We should now be on the lookout for multiple news triggers as global tariff threats, cautious investor sentiment and domestic economic challenges have contributed to the sharp decline and volatility in the rupee. Three shares to trade today are recommended by Neotrader’s Raja Venkatraman Fact (CMP 1014.45) buy above £ 1,015 and on dips up to £ 980, stop £ 965, target £, 1125-1,150 Why it was recommended: the fertilizer and headquarters in Kochi (Fact) Kochi, (fact) Kerala. It was recorded in 1943 and is the first fertilizer manufacturing business in independent India. The long candlestick seen on Wednesday indicates that prices are holding the bullish bias. The possibility of more upward traction also emerged at the higher timeframe. As momentum remains determined, one expects more upside down in the next few days. IMPORTANT STATISTICS: P/E: 696.98 52-WEEK HIGH: £ 594.70 Volume: 1.35 million Technical Analysis: Support at £ 841, Resistance at £, 1150 Risk factors: Market volatility and sector fluctuations in geopolitical news can have an impact Chalet (cmp 998). Stop £ 950, target £ 1,070-1,098 Why it is recommended: Chalet Hotels Ltd is an Indian hospitality company that owns, develops, asset managers and operates high-end hotels and hotel use use developments in Metro cities over India. The prices have been consolidating since the beginning of May and in the past a few days he supported at the TS & KS tires. The finishing pattern outbreak on Wednesday highlights the new -found momentum. Consider it with a robust volume of lead outbreak to go on current levels and on dips. IMPORTANT STATISTICS: P/E: 70,67 52-WEEK HIGH: £ 1,080 Volume: 1.54 million Technical Analysis: Support at £ 850, Resistance at £ 1,200 Risk Factors: Various hotel room prices buy against: cmp and on dips to £ 965 target price: £ 1,070-1.098 in one month stopping: 626.55) Buy at CMP and on dips up to £ 606, stop £ 590, target £ 680-700 why it is recommended: Emami is an Indian FMCG business known for its personal care and healthcare products. The stock forms a steady rounding pattern at lower levels after an initial profit discussion. The strong boom on Wednesday is a turnaround. Consider a buy. Important Statistics: P/E: 32.30 52-Week High: £ 855.60 Volume: 902.64K Technical Analysis: Support at £ 560, resistance to £ 900 Risk factors: Potential corporate actions, such as repositions, profitability buy at: CMP and dip’s up to £ 606 Raja Venkatraman is in one month: £ 590 raja Venkatram co-founder, Neotrader. His SEBI registered research analyst registration no. is INH000016223. Investments in securities are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI and Certification of Nisma does not guarantee the performance of the intermediary or ensuring returns to investors. Disclaimer: The views and recommendations given in this article are those of individual analysts. This does not represent the views of coin. We advise investors to check with certified experts before making investment decisions. Catch all the business news, market news, news reports and latest news updates on Live Mint. Download the Mint News app to get daily market updates. More Topics #Markets Premium #Stocks to buy #stock recommendation Read next story