# Raja Venkatraman recommends three stocks for 9 November

> Raja Venkatraman picks three stocks to trade on 9 November.
- Title: Raja Venkatraman recommends three stocks for 9 November · mint
- Summary: Raja Venkatraman picks three stocks to trade on 9 November. Raja Venkatraman recommends Havells, HDFCLIFE, and AxisBank for short-term gains based on…
- Keywords: stocks, havells, hdfclife, axisbank, technical analysis, stock market, nifty 50, sensex, market recommendation, mint
- Source: mint — https://livemint.com/market/stock-market-news/raja-venkatraman-recommends-three-stocks-for-9-november-11794120387585.html
- Author: Raja Venkatraman
- Published: 2026-11-09T00:30:25+00:00
- Read time: 1 min
- Topics: stocks, havells, hdfclife, axisbank, technical analysis, stock market, nifty 50, sensex, market recommendation, money, business
## Market Recap
Indian equities extended their winning streak to a seventh straight session on Friday, with the Nifty 50 reclaiming the 25,000 mark.
## Market Performance
The Nifty surged 493.75 points to close at 25,030.35, while the Sensex jumped 1,718.01 points to settle at 81,028.02.
## Foreign Buying
Record foreign buying of nearly ₹ 15,000 crore supported sentiment, with the rupee rising 0.6% to 93.91 against the dollar.
## Stock Picks
Raja Venkatraman, co-founder of NeoTrader, recommends three stocks for 9 November based on technical analysis.
## Havells
Havells India Ltd is a leading Indian multinational FMEG company with a 52-week high of ₹ 1,514.60.
## HDFCLIFE
HDFC Life Insurance Co. Ltd is recommended with a target price of ₹ 610 after testing resistance zones around 560.
## AxisBank
Axis Bank Ltd is recommended with a target price of ₹ 1,455 after breaching support zones around 1,200.
## Technical Analysis
Havells shows a double bottom pattern with support at ₹ 950 and resistance at ₹ 1,340.
## Risk Factors
Geographical concentration and commodity fluctuations pose risks for Havells, while HDFCLIFE faces regulatory changes.
## Market Outlook
Sustained buying in the Nifty signals a positive shift, with derivatives data pointing to bullish sentiment.
## Key takeaway

Raja Venkatraman recommends Havells, HDFCLIFE, and AxisBank for short-term gains based on technical analysis.