Stocks to buy: Raja Venkatraman recommends three stocks for today—9 January
Live MintOn 8 January, the markets collapsed rapidly at the start of the day to unsettle traders, triggering a massive sell-off. The intraday charts reveal that the momentum is unable to tread lower and is now creating some support around 23400-23500 in Nifty where the relative strength index is unable to penetrate below 30 levels. View Full Image Source: TradingView Three stocks to trade, recommended by NeoTrader’s Raja Venkatraman: • Berger Paint: Buy above ₹463, stop ₹438, target ₹500 After showing some steady decline in the last few weeks, the trends are showing some bottoming formation with a resolve to move higher. • Associated Alcohols & Breweries: Buy above ₹1,180, stop ₹970, target ₹1,115 This counter from the beverage industry is showing some steady resolve to move higher and is demonstrating strong trended action in the last few days. View Full Image TradingView • Aurum: Buy above ₹260, stop ₹250, target ₹278 Aurum is a hedge fund investment specialist that is finding some good volume in the last few days.