3 Stocks to Buy Today: Raja Venkatraman's Picks for 17 December
Raja Venkatraman's 3 Stock Picks for 17 Dec

Amid ongoing market volatility, investors are seeking clear guidance for their portfolios. Market expert Raja Venkatraman, co-founder of NeoTrader, has identified three specific stocks for consideration on 17 December 2025. His recommendations come at a time when Indian equities are facing headwinds, making stock-specific strategies crucial.

Market Context: A Turbulent Trading Environment

The Indian stock market extended its losses into a second consecutive session on 16 December. The benchmark indices closed lower, pressured by a weakening rupee and lingering uncertainty surrounding the India-US trade deal. The Nifty 50 index fell by 167.20 points, or 0.64%, to settle at 25,860.10. Similarly, the S&P BSE Sensex declined by 533.50 points, ending the day at 84,679.86.

Broader market indices mirrored this weakness, with both the BSE Midcap and Smallcap indices losing nearly 1%. The rupee's slide to a record low of 91.08 against the US dollar added to the negative sentiment. Sectorally, only FMCG, consumer durables, and telecom managed to stay in the green, while others traded lower.

The trading outlook remains cautious. The Nifty failed to sustain an earlier bounce, with a lack of positive triggers leading to selling pressure at higher levels. The index is now attempting to defend a key support level around 25,700. With the Max Pain point shifting to 25,900, market participants are watching this level closely for directional cues.

Raja Venkatraman's Top Stock Picks for 17 December

In this challenging environment, Raja Venkatraman advocates for a hybrid, stock-specific approach. He has recommended three buy ideas for traders, complete with entry points, stop-loss levels, and price targets.

1. Lloyds Metals and Energy Ltd (LLOYDSME)

Current Market Price (CMP): ₹1,309.50

Recommendation: Buy above ₹1,311 | Stop Loss: ₹1,290 | Target: ₹1,390 (Multiday)

Venkatraman notes that Lloyds Metals, a key player in the metals and mining sector, is showing signs of a revival on intraday charts after a period of profit booking. The stock's movement above key technical levels, coupled with a firming Relative Strength Index (RSI), suggests potential for further upside in the coming days. Key metrics include a P/E ratio of 37.72 and a 52-week high of ₹1,613.40. Investors should be mindful of risks such as ongoing litigations and the financial impact of large, debt-funded expansions.

2. Titan Company Ltd (TITAN)

Current Market Price (CMP): ₹3,929.50

Recommendation: Buy above ₹3,935 | Stop Loss: ₹3,880 | Target: ₹4,025 (Intraday)

The Tata group lifestyle giant, known for its jewellery, watches, and eyewear, is seen rebounding from a strong valuation support zone. Venkatraman highlights that the RSI moving above 60, along with a bullish candle formation, indicates a strong possibility of the stock moving higher. The stock trades at a high P/E of 89.50, with its 52-week high at ₹3,954.90. Potential risks include volatility in gold prices, regulatory changes, and economic slowdowns affecting discretionary spending.

3. Bharti Airtel Ltd (BHARTIARTL)

Current Market Price (CMP): ₹2,035.50

Recommendation: Buy above ₹2,105 | Stop Loss: ₹2,080 | Target: ₹2,138 (Intraday)

Despite being a leading global telecom player, Bharti Airtel's stock has been consolidating and showing signs of bearish pressure. However, Venkatraman's analysis suggests a tactical long trade if the stock moves above the specified level. The stock's RSI is currently below the neutral zone. With a P/E of 47.75 and a 52-week high of ₹2,174.70, the company faces risks from intense domestic competition, high debt levels, and geopolitical exposure in its African markets.

Investment Strategy in a Volatile Market

The current market phase is characterized by fluctuating trends and a lack of clear directional momentum. Venkatraman's picks reflect a strategy focused on identifying individual stocks with specific technical triggers, rather than betting on a broad market recovery. This approach is deemed suitable when the overall trend is confusing and global cues remain uncertain.

Disclaimer: The views and recommendations are those of individual analyst Raja Venkatraman (SEBI Reg. No. INH000016223). They do not represent the views of Mint. Investments in securities markets are subject to market risks. Readers are advised to consult with certified experts before making any investment decisions. Registration with SEBI and NISM does not guarantee performance or assure returns.