Market expert Raja Venkatraman shares stock picks and key levels for trading

Market expert Raja Venkatraman has shared his stock picks and trade strategy for 15 October 2026, amid ongoing volatility and a cat-and-mouse game in the markets that makes trend direction challenging to predict.

Stock Recommendations

For ICICIGI, the recommended strategy is to buy above 1,720 rupees, with a stop-loss at 1,650 rupees and a multiday target of 1,910 rupees. For BHEL, the buy level is above 466 rupees, with a stop-loss at 439 rupees and a target of 510 rupees. For Firstcry, traders are advised to buy above 183 rupees, keeping a stop-loss at 175 rupees and a target of 201 rupees.

Market Context

Indian equities on 14 October reflected a mix of volatility and cautious optimism. The Nifty 50 closed down 99.25 points, or 0.44 percent, at 22,622.70 after swinging between 22,558.95 and 22,757.95 during the session. The Sensex also slipped due to profit-booking in select heavyweights, while the Nifty struggled to stay above 2700. Momentum indicators like the RSI hovered near 43, pointing to subdued strength among buyers. Overall, the market is moving within a 22,450 to 22,900 band as traders watch earnings flows and global developments.

Context

Stock market analysts often provide technical outlooks and trading strategies to help investors navigate periods of index consolidation and sector-specific shifts. These recommendations are based on chart patterns and price action, though all securities investments carry inherent market risks.