NeoTrader's Raja Venkatraman Recommends Three Stocks for August 6

There is a person named Raja Venkatraman who studies the stock market to help people decide which companies' shares to buy.

He works for a company called NeoTrader.

He picked three companies' stocks to talk about for August 6.

One of those companies is called RITES, which is short for Rail India Technical and Economic Service.

RITES helps design and build railways and other big infrastructure projects in India.

It is a public sector company owned by the Indian government's Ministry of Railways.

Mr. Venkatraman looks at special charts that show how the price of RITES shares has been moving.

Since March, the price has been slowly going up, like climbing above a cloud in his chart.

When the price dipped a little recently, other people still bought shares, which he thinks is a good sign.

If the price goes above a certain level, he believes it could keep rising, so he suggests people could consider buying the stock.