The best shares to buy today, August 1, recommended by Raja Venkatraman of Neotrader
Copyright © HT Digital Streams Limit all rights reserved. Raja Venkatraman, co-founder, Neotrader, recommends three shares for August 1. Summary shares to buy today: Discover market expert Raja Venkatraman’s best shares for Friday 1 August. There is a strong pressure on the upside, how careful, because the markets are now ready for some strong news -based action. It seems that the road ahead certainly prefers the bullish camp again. But the upward track is not going to be linear. Here are three shares to trade today, as recommended by Neotrader’s Raja Venkatraman: Pill: Buy CMP and Dips up to £ 295 | Stop £ 287 | Target £ 340-353 NaClind: Buy CMP and Dip to £ 305 | Stop below £ 298 | Target £ 355-365 Hesterbio: Buy CMP and Dip to £ 1.905 | Stop below £ 1,890 | Target £ 2,040-2,085 Stock market today shares measures closed on August 1, 2025, as early gains evaporated and heavy losses in metal and financial names have taken their toll. The Nifty 50 dropped in the midst of just 11 profits – through them, Jio Financial, Eternal, JSW Steel and ITC – at 39 Dalle, including Adani Enterprises, Dr Reddy’s Labs, Adani Ports, Tata Steel and Sun Pharma. BSE midcap and smallcap indices each dropped 0.7%. The sector performance was mixed: FMCG increased by 1.4%, while it, metal, oil and gas, PSU banks, Pharma, Realty and Telecom dropped between 0.5%and 1.8%. Tata Steel dropped 3% after the careful Q1 remarks of management, and Adani businesses also underperformed. Sun Pharma ceased 2% despite in-line earnings, as rising R&D expenses have the sentiment of the memorial. IIFL Finance fell 6% after increasing its credit guidance for 2025-26, and Chola investment fell 3% on earnings that missed estimates. In general, the failure of the market underlines to maintain its setback, which underlines the prolonged caution around financial and commodity sectors. Prospects for trading technically have the Nifty 50 managed to keep the lower boundary of its recent trading series again, which is a decisive turn. The index ranged between about 24,550 and 25,100 for days. While the outbreak hunters are surprised on either side, the trends are slow and the prejudice gradually moves to the upside as the uncertainty is reduced. The sharp gap on Thursday’s expiration and the gap that managed to be filled to give an encouraging closure renewed the merchant’s trust as a possible shift to a fresh legs. Chart Watchers will note the bullish chandelier on the daily map, along with rising volumes, as an encouraging sign that the rally has space to run. Look at the full image for days, the index ranged between 24,550 and 25,100. Options market dynamics further strengthened the bullish narrative. Before the monthly expiration, participants sold aggressively wells and unauthorized calls, which effectively went to the upside risk. This combination of pit writing and call reduction indicates that hedgers secure floors while leaving exposure, a classic setup for continued profits when the prices of the place rise – a phenomenon sometimes called ‘bullish aggression’. The Nifty place is firmly above the consolidation zone we mentioned. However, the median line resistance of about 25,000 will be a key level to notice as we move forward in the August series. Further evidence in the form of important sectoral managers shooting at all cylinders remains our constructive attitude intact. I prefer to look at Nifty Spot cards for short-term support, which shifts to the 24,550 area, while resistance is close to 25,100. While we are close to the last trading day of the week, we must discuss the profit. If the markets maintain this momentum, a run to 26,000-26.200 becomes a realistic expectation in the coming weeks. For the time being, bulls begin to control and take positions that are in line with this tendency to take advantage of the prevailing optimism. The other indices must now catch up; Otherwise, what we saw on Thursday will get more winds. A buy-on-dip market is now starting, and we need to take note of this fact if we go to the upcoming sessions. Three shares to trade, recommended by Neotrader’s Raja Venkatraman: GE Power India Ltd (CMP £ 308.85) why it is recommended: Pillion, involvement in infrastructure projects such as roads, water management and other related areas. The company’s last Q4 performance was not according to expectations, but the cards after the sale that was a revival going on had an opportunity to see this share as a buying opportunity. IMPORTANT STATISTICS: P/E: 50.25 | 52-week High: £ 655 | Part: 336.06k. Technical Analysis: Support at £ 262, resistance to £ 440. Risk factors: high volatility, negative investor sentiment and long-term lump trends. Buy: Dips up to £ 295. Target price: £ 340-353 in 1 month. Stop loss: £ 287. NaCl Industries Ltd (CMP £ 323.30) Why it is recommended: NaCl Industries Ltd (NaClind) is a leading agricultural chemical company with a presence in both domestic and international markets. The share recorded the recent negative fundamentals and was on a constant upward track. A profit discussion is quickly purchased, suggesting that the trends are ready for continued upside. Furthermore, the long candlestick seen on Thursday indicates the potential to move higher. Important Statistics: 52 Weeks High: £ 331.45 | Part: 1.06m. Technical Analysis: Support at £ 270, resistance to £ 425. Risk factors: overvalued with poor financial statistics, including a negative PE ratio and Roe. Buy above: CMP and drop to £ 305. Target price: £ 355-365 in one month. Stop loss: £ 298. Hester Biosciences Ltd (CMP £ 1,949,20) Why it is recommended: Hesterbio, Hester Biosciences is a prominent player in the animal health sector, especially in the production of vaccines. As a dominant player, the sock has consolidated and now shows some signs of recovery over current consolidation and a potential to move to the upside after weeks of profit discussion that emerged. IMPORTANT STATISTICS: P/E: 52.25 | 52-week High: £ 3,250 | Part: 9.32k. Technical Analysis: Support at £ 1,750, resistance to £ 2,225. Risk factors: High inventory requirements and strict regulations regarding intellectual property rights (IPR) and rising interest costs. Buy above: CMP and drop to £ 1.905. Target price: £ 2,040-2.085 in one month. Stop loss: £ 1.890. Raja Venkatraman is 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 #stocks to buy #stock recommendation #stock recommendations #stock Markets #Markets Premium Read next story