From mint · Raja Venkatraman · · 1m 40s
Raja Venkatraman recommends three stocks for 19 October
Raja Venkatraman picks NYKAA, ANANDRATHI, and HEXT for 19 October trades.
In brief
Raja Venkatraman picks NYKAA, ANANDRATHI, and HEXT for 19 October trades. Raja Venkatraman recommends NYKAA, ANANDRATHI, and HEXT for 19 October with specific buy targets and stop losses. Originally reported by mint.
Raja Venkatraman's stock picks
Raja Venkatraman, co-founder of NeoTrader, recommends three stocks for 19 October.
NYKAA trade strategy
Buy above ₹ 345, stop loss ₹ 330, target ₹ 379 for NYKAA (FSN E-Commerce Ventures Ltd).
ANANDRATHI trade strategy
Buy above ₹ 2160, stop loss ₹ 2060, target ₹ 2350 for Anand Rathi Group.
HEXT trade strategy
Buy above ₹ 585, stop loss ₹ 559, target ₹ 635 for Hexaware Technologies.
Market context for 19 October
Markets experienced volatile but positive week ending 16 October 2026 with Sensex at 74,729.27.
Sector rotation impact
IT stocks led recovery with Sensex hitting 74,144 and Nifty crossing 23,000 on 15 October.
Key market metrics
Crude oil near $105 per barrel, Sensex at 74,729.27, Nifty at 23,146.15 on 16 October.
Technical analysis for NYKAA
NYKAA support at ₹ 325, resistance at ₹ 398 with 52-week high at ₹ 351.
Technical analysis for ANANDRATHI
Anand Rathi support at ₹ 2000, resistance at ₹ 2600 with 52-week high at ₹ 3321.40.
Technical analysis for HEXT
HEXT support at ₹ 540, resistance at ₹ 650 with 52-week high at ₹ 1332.
Risk factors for NYKAA
Geographic concentration, AI productivity deflation, wage inflation, and talent premium risks.
Risk factors for ANANDRATHI
Regulatory compliance risks, technical glitches, system outages, and cyber-attacks.
Risk factors for HEXT
Earnings deceleration, high valuation relative to industry peers, and competitive market risks.
What to remember
Raja Venkatraman recommends NYKAA, ANANDRATHI, and HEXT for 19 October with specific buy targets and stop losses.
