Stocks to buy: Raja Venkatraman recommends three stocks for today—18 December
Live MintIt has been a week of unprecedented events, marked by sharp drawdowns in broader indices. Indian stock markets: Way forward As mentioned Tuesday, the break of the lower range at 24,500 triggered downward reactions, placing the indices under pressure ahead of the outcome of the US Federal Reserve policy decision. Three stocks to buy, recommended by NeoTrader’s Raja Venkatraman: • Colgate-Palmolive: Sell at ₹2783, stop ₹2805, target ₹2750 The FMCG sector has struggled to revive, with the recent rally facing sharp sell-offs. • United Spirits: Buy at ₹1571, stop ₹1540, target ₹1602 As demand continues to build for its premium brands, the United Spirits stock is seeing a steady buying interest developing in this counter. • Varroc: Buy at ₹616, stop ₹607 target ₹630 Varroc, a global technology powerhouse in manufacturing and supplying automotive components has been finding steady demand at lower levels.