12 hrs ago
Motilal Oswal’s Taparia Recommends Three Stocks to Buy
Chandan Taparia shared three stocks that investors could consider buying on September 18, 2026.
The stocks are Laurus Labs, BHEL and HDFC Life.
He gave a price target and a stop-loss level for each stock.
A target price is the level where an investor may consider taking profits.
A stop-loss is a level meant to limit losses if the price falls.
Taparia said the Nifty 50 could trade in a narrow range near current levels.
He also said Bank Nifty faced selling pressure at higher levels.
His recommendations were based on chart patterns and technical indicators.
Chandan Taparia of Motilal Oswal recommended buying Laurus Labs, BHEL and HDFC Life.
Laurus Labs has a target price of ₹2,050 and a stop-loss at ₹1,890.
BHEL has a target price of ₹455 and a stop-loss at ₹416.
HDFC Life has a target price of ₹600 and a stop-loss at ₹540.
Taparia expects Nifty trading between 23,000 and 23,400 in the immediate term.
- Who
- Chandan Taparia, Head of Derivatives & Technicals, Wealth Management, at Motilal Oswal Financial Services Ltd.
- What
- Recommended buying Laurus Labs, BHEL and HDFC Life, with specified targets and stop-loss levels.
- Where
- The recommendations concern Indian equity markets, including the Nifty 50 and Bank Nifty.
- When
- For Friday, 18 September 2026.
- Why
- Taparia cited uptrends, support levels, bullish candles, trend-line potential and positive momentum indicators.
Key facts
- Recommended stocks
- Laurus Labs, BHEL and HDFC Life
- Laurus Labs
- Target ₹2,050; stop-loss ₹1,890
- BHEL
- Target ₹455; stop-loss ₹416
- HDFC Life
- Target ₹600; stop-loss ₹540
- Nifty immediate range
- 23,000 to 23,400
- Nifty broader range
- 22,800 to 23,600
- Bank Nifty levels
- Support near 56,000; resistance at 56,500 and 56,750
Quotes
Chandan Taparia
Head of Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services
“Call writing is seen at 23,300 then 23,350 strike while Put writing is seen at 23,300 then 23,250 strike. Option data suggests a broader trading range in between 22,800 to 23,600 zones while an immediate range between 23,000 to 23,400 levels.”
livemint.com
“Now till it holds below 23,300 zones weakness could extend towards 23,150 then 23,000 levels while on the upside hurdles can be seen at 23,450 then 23,550 zones.”
livemint.com
Sources
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