3 weeks ago
Motilal Oswal's Chandan Taparia recommends three stocks to buy today
Imagine you want to know which toys are popular, and you ask an expert for advice.
Grown-ups who buy parts of companies, called shares, also ask experts for help.
One expert is Chandan Taparia, who works at a big money company called Motilal Oswal.
He looks at charts and numbers to guess whether share prices will go up or down.
He thinks the Indian stock market will start a bit lower today, like a slow start to a race.
He watches two important scoreboards called the Nifty 50 and the Sensex, which track how big companies are doing.
He told people to buy shares of three companies: TVS Motor Company, which makes vehicles, Shriram Finance, which gives loans, and Grasim Industries, a big business group.
He also said the market might bounce between certain levels, like a ball bouncing in a play area.
Experts are not always right, so people should be careful before spending their money.
The Indian stock market is expected to open lower on Tuesday, 11 August 2026, tracking mixed global cues and a weak Gift Nifty.
In the previous session, the Sensex closed at 78,542.44 (up 0.06%) and the Nifty 50 at 24,583.80 (up 0.05%).
Chandan Taparia of Motilal Oswal said Nifty must cross and hold above 24,600 to move toward 24,750 and 24,850, with support at 24,450 and 24,350.
Taparia recommended buying TVS Motor Company, Shriram Finance and Grasim Industries shares with defined stoplosses and targets.
Options data indicates a broader trading range of 24,100 to 25,100, with call writing at 24,600/24,900 strikes and put writing at 24,500/24,550 strikes.
- Who
- Chandan Taparia, Head Derivatives & Technicals at Motilal Oswal Financial Services, and the Indian benchmark indices Nifty 50 and Sensex
- What
- Market outlook and buy recommendations for three stocks: TVS Motor Company, Shriram Finance and Grasim Industries
- Where
- Indian stock market (Nifty 50 and Sensex)
- When
- 11 August 2026, ahead of the Tuesday trading session
- Why
- Technical and derivatives analysis points to a weak opening with a defined trading range, while the three recommended stocks show bullish momentum
Key facts
- Market outlook
- Expected to open lower tracking mixed global cues
- Gift Nifty
- Trading around 24,614, a discount of nearly 46 points
- Sensex previous close
- 78,542.44 (up 43.27 points or 0.06%)
- Nifty 50 previous close
- 24,583.80 (up 13.15 points or 0.05%)
- Recommended stocks
- TVS Motor Company, Shriram Finance, Grasim Industries
- Nifty trading range
- Immediate 24,400 to 24,900; broader 24,100 to 25,100
- Bank Nifty level
- Must hold above 57,500 for a bounce to 58,000 then 58,250
- Source
- Chandan Taparia, Motilal Oswal Financial Services Ltd
Quotes
Chandan Taparia
Head Derivatives & Technicals, Wealth Management, Motilal Oswal Financial Services Ltd
“Now it has to hold above 57,500 zones for a bounce towards 58,000 then 58,250 levels while a hold below the same could see some weakness towards 57,250 then 57,000 zones.”
livemint.com
“Now it has to cross and hold above 24,600 zones for an up move towards 24,750 then 24,850 zones while support can be seen at 24,450 then 24,350 zones.”
livemint.com





