As the December trading series draws to a close, market expert Raja Venkatraman, co-founder of NeoTrader, has identified three specific stocks for investors to consider on Tuesday, 31 December 2025. His recommendations come against a backdrop of a flat and cautious Indian equity market.
Market Context: A Cautious Flat Close
The Indian stock market ended largely unchanged on Monday, 30 December, with investors adopting a wait-and-see approach. The benchmark Sensex closed at 84,675.08, down a marginal 20 points or 0.02%. Similarly, the Nifty 50 index slipped just 3 points to settle at 25,938.85. Broader markets also reflected the subdued sentiment, with the BSE Midcap and Smallcap indices declining by 0.05% and 0.20%, respectively.
While the medium-term outlook is supported by expectations of stronger corporate earnings and favourable economic conditions, immediate triggers are lacking. Attention is divided between the upcoming December quarter results and global geopolitical developments, including India-US trade talks. The session saw stock-specific movements, where gains in heavyweights like Mahindra & Mahindra and State Bank of India were neutralized by losses in Infosys and Reliance Industries.
Raja Venkatraman's Top Trading Picks for 31 December
Venkatraman has provided clear entry, exit, and stop-loss levels for three stocks, catering to both intraday and multiday trading horizons.
Hindalco Industries: A Multiday Buy Opportunity
For Hindalco, with a current market price around ₹884.15, Venkatraman suggests a buy above ₹885. He recommends setting a stop loss at ₹855 and targeting a price of ₹945, viewing this as a multiday play.
The recommendation is based on strong aluminium demand and ongoing supply-side issues. Technically, the stock is showing signs of a rebound after recent volatility, with indicators providing robust support. Key risk factors include intense market competition and high capital expenditure. The stock's 52-week high is ₹887.45.
UPL Limited: An Intraday Long Position
Venkatraman's intraday pick is agrochemicals major UPL. He advises traders to buy the stock above ₹789, with a tight stop loss at ₹777 and a target of ₹807.
The call hinges on the chemical sector gaining prominence and the stock emerging from deeply oversold conditions. Sustained buying demand at lower levels could propel an upward move. Investors should note the stock's high valuation and geographic concentration as primary risks. UPL's 52-week high stands significantly higher at ₹1,613.40.
Godrej Properties: An Intraday Sell Call
In contrast to the two buy recommendations, Venkatraman suggests a sell strategy for Godrej Properties. He recommends selling below ₹1,975, with a stop loss at ₹2,001 and a target price of ₹1,930 for intraday trading.
The bearish view is driven by a strong bearish candlestick pattern observed beneath key support levels, indicating sustained selling pressure. Technical indicators also point to further potential downside. Risks for the company include weak profitability and challenges in project collections and deliveries. The stock's 52-week high is ₹1,869.50.
Market Outlook and Trading Strategy
Venkatraman notes that the market has struggled to maintain its upward momentum despite a rebound from recent lows. The Nifty faces resistance around the 26,000 mark, and a break below 25,800 could trigger a sharper fall towards 25,500. With the Nifty closing near the Max Pain point of 25,950, he advocates for a hybrid or neutral trading bias, suggesting investors look for buying opportunities on dips while remaining cautious of a 'sell on rise' environment.
Disclaimer: Investments in securities are subject to market risks. The views are those of the individual analyst. Investors are advised to consult certified experts before making any investment decisions. Raja Venkatraman is a SEBI-registered research analyst (INH000016223).