Market Expert Raja Venkatraman Unveils Three Stock Picks for February 11 Trading
Raja Venkatraman, the co-founder of NeoTrader, has released his exclusive stock recommendations for trading on February 11, 2026. In a detailed analysis, he highlights three specific stocks with clear buy or sell signals, accompanied by technical levels and risk assessments to guide investors in a volatile market environment.
Stock Market Context and Recent Performance
Indian equity markets demonstrated resilience on February 10, 2026, extending their gains for the third consecutive session. The rally was broad-based, with most sectoral indices closing positively, although pharma and PSU banks experienced mild profit-taking. The media index surged by 2%, while the auto index advanced 1%, indicating strong investor interest in cyclical sectors. Broader markets also participated, with the Nifty Midcap and Smallcap indices each adding 0.4%.
Top performers among Nifty constituents included Eternal, Tata Steel, Bajaj Auto, Power Grid Corp, and M&M. Conversely, Shriram Finance, HCL Tech, Dr. Reddy’s Labs, Bajaj Finance, and Tata Consumer ended in negative territory. This session underscored a selective rotation into growth-oriented sectors, with investors trimming exposure to defensives.
Trading Outlook and Market Dynamics
The market faces challenges as the Nifty and Nifty Bank approach higher levels, creating hurdles for the upward momentum. Volatility persists, with intraday action remaining limited, though dips are met with bearishness. Overall, sentiment remains buoyant, with positive vibes spreading across sectors.
Macro news has been a slow trigger for momentum, but broader indices have gapped up and sustained over the last two days, leading to stock-specific action. This rejuvenated attempt has revived bullish bias despite minor hiccups. The last three trading sessions have seen advances, accelerating since November and leaving many participants breathless. Valuations and results are in flux, with metrics indicating a recovery in progress.
The Nifty Bank surpassed the 60,000 level and held it, a positive sign. However, topping previous highs remains in balance. Small- and mid-cap indices, along with the NSE 500, are significantly below all-time highs, suggesting a lack of continuation to the upside. PSU banks were under pressure but saw a revival driven by SBIN results, boosting sentiment and associated sectors.
Prices have rebounded from support around 25,500, but the road ahead could be challenging. Option Chain scenarios highlight circumspect levels with limited market participation. The Nifty is moving toward resistance around 26,000, while the Nifty Bank aims to hold 60,000, with Options data indicating stretched trends.
Raja Venkatraman's Stock Recommendations for February 11
Here are the three stocks recommended by Raja Venkatraman for trading on February 11, with detailed analysis and technical parameters.
Campus Activewear Ltd (CMP: ₹282.50)
Why it’s recommended: Campus Activewear Ltd is India’s largest sports and athleisure footwear brand by value and volume. Founded in 2005 by Hari Krishan Agarwal, the company manufactures and distributes footwear for men, women, and children. After a period of decline, strong Q3 numbers are expected to drive a rise. Long-body candles have recently moved above the cloud, triggering bullish enthusiasm. The upthrust could continue upward, with the revival surpassing the cloud region and showing strong upside in previous sessions.
- Key metrics: P/E Ratio: 61.06, 52-week high: ₹304.45, Volume: 1.8M
- Technical analysis: Support at ₹271, Resistance at ₹350
- Risk factors: Intense competition, potential working capital strain, slow long-term growth, high valuation concerns
- Action: Buy above ₹285
- Stop loss: ₹270
- Target price: ₹315 (2 months)
Max Financial Services Ltd (CMP: ₹1,747.20)
Why it’s recommended: Max Financial Services Ltd (MFSL), part of the $4 billion Max Group, focuses on life insurance and is India's first listed company solely in this sector. The stock is showing a strong run-up ahead of its Q3 numbers. Recent highs are holding, with intraday dips rebounding to a strong upward trend. A bullish Kumo crossover suggests a strong upmove if recent highs around ₹1,740 are held.
- Key metrics: P/E: 360, 52-week high: ₹1,764.65, Volume: 818.31K
- Technical analysis: Support at ₹1,688, Resistance at ₹1,950
- Risk factors: Credit quality (MSME/retail defaults), market volatility (interest rates, competition), cyber threats, regulatory changes, digital strategy execution
- Action: Buy above ₹1,750
- Stop loss: ₹1,700
- Target price: ₹1,900 (2 months)
HCL Technologies Ltd (CMP: ₹1,575)
Why it’s recommended: HCL Technologies Ltd is an Indian multinational IT services and consulting company headquartered in Noida, focusing on digital, engineering, and cloud services. After a steep selloff, the stock is reviving. Daily charts reveal a double top, with trends shaping up as new projects emerge. Support from ADX and DMI is fueling downside post the AI Tech rout, suggesting IT stocks may decline further.
- Key metrics: P/E Ratio: 36.81, 52-week low: ₹1,304, Volume: 3.29M
- Technical analysis: Support at ₹900, Resistance at ₹1,500
- Risk factors: Macroeconomic shifts impacting client IT spending, currency fluctuations, data security breaches, talent attrition
- Action: Sell below ₹1,575
- Stop loss: ₹1,610
- Target price: ₹1,500 (2 months)
Important Disclaimers and Risk Warnings
Raja Venkatraman is the co-founder of NeoTrader, with SEBI-registered research analyst registration number INH000016223. Investments in securities are subject to market risks. Investors should read all related documents carefully before investing. Registration granted by SEBI and certification from NISM do not guarantee intermediary performance or assure returns. The views and recommendations in this article are those of individual analysts and do not represent Mint. Investors are advised to consult certified experts before making investment decisions.
