Archive · 21 Jul 2026
Chandan Taparia Recommends Three Stocks to Buy
Chandan Taparia, a stock market expert, has suggested buying shares of Manappuram Finance, State Bank of India (SBI), and Bharat Forge.
He believes these stocks have strong potential for growth.
The Indian stock market is expected to open lower due to mixed global cues and concerns over the US-Iran war.
The Nifty 50 and Sensex indices ended lower in the previous session.
Taparia's analysis suggests that if the Nifty 50 index crosses and holds above 24,250, it could move towards 24,400 and 24,500.
Similarly, the Bank Nifty index needs to cross and hold above 58,000 to aim for higher levels.
Taparia's recommendations are based on technical indicators and market trends.
Chandan Taparia recommends buying Manappuram Finance, SBI, and Bharat Forge shares.
Nifty 50 needs to cross and hold above 24,250 for an up move towards 24,400 and 24,500.
Bank Nifty needs to cross and hold above 58,000 for a bounce towards 58,500 and 58,750.
Manappuram Finance has a target price of ₹357 with a stop loss at ₹326.
SBI has a target price of ₹1,120 with a stop loss at ₹1,025.
- Who
- Chandan Taparia, Head Derivatives & Technicals, Motilal Oswal Financial Services Ltd
- What
- Recommended three stocks to buy: Manappuram Finance, State Bank of India (SBI), and Bharat Forge
- When
- 21 July 2026
- Where
- Indian stock market
- Why
- Based on technical analysis and market trends
Bullish View
Bearish View
Market Outlook
Bullish View
The market is expected to see an up move towards 24,400 then 24,500 zones if Nifty 50 crosses and holds above 24,250.
Bearish View
The market could see a downside with support at 24,100 and 24,000 zones if Nifty 50 fails to cross 24,250.
Bank Nifty Outlook
Bullish View
Bank Nifty could bounce towards 58,500 then 58,750 levels if it crosses and holds above 58,000 zones.
Bearish View
Bank Nifty could see support at 57,750 then 57,500 zones if it fails to cross 58,000.
- Date
- 21 July 2026
- Nifty 50 Previous Close
- 24,238.50
- Sensex Previous Close
- 77,708.52
- Bank Nifty Previous Close
- 57,945.00
- Gift Nifty Level
- 24,168
- Call OI
- 24,300, 24,500
- Put OI
- 24,200, 24,100
- Trading Range
- 23,700 to 24,700