Best shares to buy today, July 2, recommended by Raja Venkatraman of Neotrader

Copyright © HT Digital Streams Limit all rights reserved. Raja Venkatraman, co-founder, Neotrader, recommends three shares for July 2. Summary shares to buy today: Discover market expert Raja Venkatraman’s best shares for Wednesday, July 2. However, a strong push to the upside is full of caution, as the markets are now ready for some strong news -based flow. It seems that the road ahead certainly benefits the bullish camp, but the upward track is not going to be linear. Here are three shares to buy or sell as recommended by Neotrader’s Raja Venkatraman for today: Technocraft: Buy CMP and Dip to £ 3,100 | Stop £ 3,050 | Target £ 3.550-3.600 Mahlog: Buy above £ 347 and drop to £ 335 | Stop below £ 330 | Target £ 380-395 Biocon: Buy above £ 363 and drop to 355 | Stop 353 | Target 374-378 Market Update Indian Equity Benchmarks ended the July 1 session almost unchanged after a lack of trading day, while investors stopped after last week’s strong rally. The Sensex recorded 90.83 points to close at 83,697,29, while the Nifty added 50 24.75 points to finish at 25,541,80. The width of the market remains mixed with 1,971 supplies and 1.889 drops. Sectoral achievement was uneven – PSU banks led with a profit of 0.7%, while capital goods and infrastructure also saw modest up -to -date. In contrast, media shares fell by 1.5%, and other sectors such as FMCG, Realty, Pharma, IT and Auto faced light declines. Broader indices have also struggled, with both BSE Midcap and smallcap indices falling 0.4%. Also read: Disruptor-in-Chief: Can Jio do to financial services what it did to telecommunications? Among the Top -nifty Winers were Apollo Hospitals, Bharat Electronics, Reliance Industries, Indusind Bank and Jio Financial, while Axis Bank, Nestle, Shriram Finance, Eternal and Trent ended in the red. The sentiment was subdued by constant uncertainty about Trade in India-American, which reportedly reached a fine stage, which expressed concern about possible rates to 26% as negotiations fall. Prospects for trading to the Nifty’s exposition outside the upper boundary of its recent trading series, the trends are gently on the immediate support that sells any form of prejudice. The index ranged between 25,200 and 25,450 for days, and frustrating outbreak hunters. The move that results from it could not sustain, and the last two days have been spent sideways. On the maps we can pay attention to the listless action seen on the indices. But yesterday’s nearby above that 25,500 point, which was the maximum pain point, indicates a renewed merchant confidence and a possible holding of a long bias. 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. Options market dynamics further strengthened the bullish narrative. Before the weekly expiration, participants sold aggressively wells and unauthorized calls, emphasizing a possibility of an upmove as soon as the Nifty moved above 25,600. With the PCR higher up to 0.74 from 0.66, we can look at the possibility that a tendency is emerging in the upcoming session. Look at the full image for days, the index ranged between about 25,200 and 25.450, frustrating getaway hunters. The Nifty place is firmly above the consolidation zone we mentioned; However, the median line resistance of approximately 25,600 will be a key level to notice as we continue to the July series. Further evidence in the form of important sectoral managers shooting at all cylinders remains our constructive attitude intact. Also read: Three roads and highway supplies that should be on your waiting list are currently taking a break, as the momentum indicator shows. However, if the markets maintain this momentum, a run to 26,000-26.200 becomes a realistic expectation in the coming weeks. 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: Technocraft Industries (India) Ltd (CMP £ 3,199,80) Why it is recommended: Technocraft is a diversified industrial group with a global presence. It produces and exports a variety of products, including drum closures, scaffolding systems, textiles and engineering and design services. The company’s Q4 performance was solid, and the charts indicate a revival going on after a short consolidation. This could be an opportunity to view this share as a buying opportunity. IMPORTANT STATISTICS: P/E: 28.22 | 52-week High: £ 655 | Part: 60.35k. Technical Analysis: Support at £ 2.450, resistance to £ 3.600. Risk factors: High volatility, negative investor sentiment and long-term lump tendencies. Buy: CMP and drop to £ 3,100. Target price: £ 3,550-3,600 in 1 month. Stop loss: £ 3.050. Mahindra Logistics Ltd (CMP £ 345.65) Why it is recommended: Mahlog, a prominent player in the logistics sector, faced due to operational problems. The prices fell in March, and the steady formation of a higher layer indicates that the trends are higher. A pressure above the recent set of data, which forms a long candlestick, highlights the potential to move to the upside after weeks of profit discussion that emerged. IMPORTANT STATISTICS: P/E: 57.32 | 52-week High: £ 554.70 | Part: 170.53k. Technical Analysis: Support at £ 295, resistance to £ 455. Risk factors: high logistics costs, fragmented operations and a shortage of competent workforce. Buy above: £ 347 and drop to £ 335. Target price: £ 380-395 in 1 month. Stop loss: £ 330. Also read: FY25 Dividend Payouts: CONTANGLE BFSI and IT businesses dominate Biocon Ltd (CMP £ 362.50) Why it is recommended: Biocon, a prominent player in the Active Pharma Intreditient (API) space in the Farmaceutical Sector. The company is an active player in catering for companies around the world. The last few days have been quite turbulent, and the slow and steady rise in prices, as the steady increase in demand for prices in March 2025 was down. Key Statistics: P/E: 78.13 | 52-week High: £ 404.60 | Part: 5.29m. Technical Analysis: Support at £ 850, resistance to £ 1.225. Risk factors: rising costs, increased competition and regulatory pressure. Buy above: £ 363 and drop to £ 355. Target price: £ 374-385 in 1 month. Stop loss: £ 353. Raja Venkatraman is the co -founder of 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