# Raja Venkatraman's 12 October Stock Picks

> Raja Venkatraman recommends Federal Bank and CP Plus for 12 October trading.
- Title: Raja Venkatraman's 12 October Stock Picks · mint | Shortify
- Summary: Raja Venkatraman recommends Federal Bank and CP Plus for 12 October trading. raja venkatraman, federalbank, cp plus · reported by mint.
- Keywords: raja venkatraman, federalbank, cp plus, stock market, stock recommendations, neotrader, sensex, nifty, money, business, Raja, Venkatraman's
- Source: mint — https://livemint.com/market/stock-market-news/raja-venkatraman-recommends-two-stocks-for-12-october-11791720913726.html
- Author: Raja Venkatraman
- Published: 2026-10-12T00:31:02+00:00
- Read time: 2 min
- Topics: raja venkatraman, federalbank, cp plus, stock market, stock recommendations, neotrader, sensex, nifty, money, business
## Market Recap
Indian equities navigated a volatile week from 5 to 9 October 2026, marked by alternating bouts of selling pressure and sharp recoveries.
## Raja Venkatraman's Picks
Raja Venkatraman, co-founder of NeoTrader, recommends three stocks for 12 October: Federal Bank, CP Plus, and ABDL.
## Federal Bank Recommendation
Federal Bank Limited (FEDERALBNK) is a major Indian private sector commercial bank blending extensive technological adoption with physical customer service.
## Federal Bank Technicals
Since August the stock has been declining, correcting by nearly 10% to reach support around 320. A strong thrust attracts buying interest and RSI support could help prices rebound.
## Federal Bank Trade Strategy
Buy above ₹ 331 with a stop loss at ₹ 315 and target price of ₹ 365 within two months.
## CP Plus Recommendation
CP Plus is India's leading video security and surveillance brand owned and operated by Aditya Infotech Limited.
## CP Plus Technicals
The stock has formed a steady rounding pattern at Kumo clouds, facing resistance on every rise, with recent decline finding strong demand to the downside.
## CP Plus Trade Strategy
Buy above ₹ 4190 with a stop loss at ₹ 3980 and target price of ₹ 4510 within two months.
## ABDL Recommendation
Allied Blenders & Distillers Ltd. (ABDL) is one of India's leading alcoholic beverage and spirits companies.
## ABDL Technicals
The stock has formed a steady rounding pattern at Kumo clouds, facing resistance on every rise, with recent decline finding strong demand to the downside.
## ABDL Trade Strategy
Buy above ₹ 715 with a stop loss at ₹ 675 and target price of ₹ 785 within two months.
## Market Outlook
Markets continue to move in consolidation mode with volatility as sentiment wavers despite efforts to move above 22800 for bullish sentiment.
## Key takeaway

Raja Venkatraman recommends Federal Bank and CP Plus for 12 October trading.