Raja Venkatraman recommends three stocks for 6 July

Indian markets extended their winning streak on Friday 3 July, with the Sensex rising 0.34 percent to 77,763.91 and the Nifty 50 advancing 0.39 percent to 24,270.85, marking a third consecutive session of gains led by IT and pharma stocks. Softer US jobs data and easing oil prices reduced near-term Fed rate hike worries, helping indices log a fourth straight weekly gain of nearly 1 percent each. Technical analyst Raja Venkatraman of NeoTrader has recommended three stocks for 6 July: Paradeep Phosphates (buy above 148, target 162), Aadhar Housing Finance (buy above 557, target 615), and IndusInd Bank (buy above 980, target 1070), with stop losses set at 140, 529, and 940 respectively.