Finance1 min read

Raja Venkatraman recommends three stocks for 11 November

By · Published by Everything Blog

In short

Recent market strength lifted the Nifty 50 above the 25,000 mark and the Sensex beyond 81,100, driven largely by financial powerhouses like SBI, HDFC Bank, and ICICI Bank. However, profit-taking emerged across IT and metal counters, leaving stocks like Infosys and Tata Steel among the key laggards. Amid this sector rotation, technical calls have been issued for Mankind Pharma, CDSL, and Aegis Logistics based on double bottom reversals and support-zone recoveries. All three picks carry two-month investment horizons alongside defined stop-loss thresholds to manage downside risk.

Key points

  • Mankind Pharma is recommended for purchase above ₹2,675 with a two-month target price of…: Mankind Pharma is recommended for purchase above ₹2,675 with a two-month target price of ₹2,950.
  • Aegis Logistics offers an entry point above ₹1,230 supported by buyer interest near the ₹…: Aegis Logistics offers an entry point above ₹1,230 supported by buyer interest near the ₹1,100 zone.
  • IT and metal stocks faced notable profit-booking despite the broader market's extended up…: IT and metal stocks faced notable profit-booking despite the broader market's extended upward momentum.

Sources checked by our analysis pipeline: 1

Stock market recap: As the week began, markets emerged from a phase of measured consolidation with volatility building beneath the surface. The gradual swings of the previous series gave way to stronger directional conviction, driving a sharp rally from the opening session.

On Monday, Sensex climbed 107.25 point to settle at 81,106.65, while the Nifty rose 58.25 points, or 0.23 per cent, to close at 25,044.65.

Markets were shut on Tuesday for Diwali-Balipratipada.

Three stocks to trade, recommended by NeoTrader’s Raja Venkatraman

MANKIND (current market price ₹2,668.30)

- Why it’s recommended: Mankind Pharma Ltd is one of India's leading pharmaceutical and healthcare companies, ranking among the top 4 pharmaceutical firms in India by domestic sales and #1 by prescription volume. Since May 2026 the lack of upward momentum had pushed the prices lower only to test key important levels has been spent in declining phase. In the recent past we can note that the prices have attempted to form a double bottom and is showing some volume lead recovery. The strong Relative Strength Divergence from lower levels is indicating a…

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