Market expert Raja Venkatraman from NeoTrader has identified three stocks for trading on July 17, 2026. According to his technical analysis, the recommendations come amid continued volatility that is affecting market sentiment. As reported by NeoTrader, the bias is oscillating viciously, requiring investors to stay light while maintaining participation as trends indicate potential upside movement. With the Sensex closing marginally higher at 77,186.87 while the Nifty slipped 5.75 points to 24,072.75 on July 16, the market remains muted with plenty of action at stock level.
TANLA Platforms Ltd is recommended as a buy above ₹590 with a stop loss at ₹563 and target price of ₹645 over two months. The Indian multinational cloud communications company, which enables enterprises to securely engage with customers via SMS, Voice, email, WhatsApp, and RCS, has seen prices pushed into oversold territory. According to NeoTrader's technical analysis, the formation of a long body candle with volumes after consolidation indicates potential for price advancement over the next few days.
Zydus Wellness Ltd is recommended as a buy above ₹603 with a stop loss at ₹570 and target price of ₹670 over two months. The FMCG and consumer wellness company, which produces health foods, nutritional drinks, and skincare products across India and globally, has shown range breakout potential after consolidation. As reported by NeoTrader, the strong push seen is suggesting more potential upside, with support from the Kumo cloud region highlighting that dips are being bought into.
Tata Technologies Ltd is recommended as a buy above ₹770 with a stop loss at ₹735 and target price of ₹855 over two months. The global product engineering and digital services company, operating as a subsidiary of Tata Motors, has shown steady buying interest since April 2026. According to NeoTrader's analysis, the Relative Strength Index shows prices have revived again, suggesting potential upmove after recent profit booking.
Indian equity benchmarks ended flat on July 16 after a volatile session, with the Sensex closing marginally higher at 77,186.87 while the Nifty slipped 5.75 points to 24,072.75. As reported by NeoTrader, early gains driven by IT and select heavyweights faded due to profit booking and weak global cues. The Nifty Midcap 100 declined 0.4% while the Smallcap 100 remained largely unchanged. Analysts expect Nifty to remain range-bound with support near 23,950–24,000 and resistance around 24,250–24,300. The rupee weakened for a second day, closing at 96.20 against the dollar, while sectorally, consumer durables, media, IT, and auto outperformed.
