Archive · 18 Aug 2026
Motilal Oswal's Chandan Taparia recommends three stocks to buy
A stock market expert named Chandan Taparia told people which shares they could buy today.
He works at a big money company called Motilal Oswal.
He looks at charts and numbers to guess where prices might go.
He thinks the Indian stock market will start the day a little lower.
Yesterday, the main market indexes, Sensex and Nifty, went down a bit.
He says Nifty might move between 24,000 and 24,500 points today.
He picked three companies for people to buy: BHEL, KEI Industries, and Oberoi Realty.
For each stock, he gave a target price and a stop loss, which is a safety level.
If a stock falls to the stop loss, people usually sell it to avoid losing more money.
His advice is based on technical analysis of charts and market data.
Indian stock markets are expected to open lower on Tuesday, 18 August, tracking mixed global cues, with Gift Nifty trading at a discount of 92.2 points.
In the previous session, the Sensex fell 281.09 points (0.36%) to close at 77,728.16, while the Nifty 50 settled 78.35 points (0.32%) lower at 24,287.65.
Chandan Taparia of Motilal Oswal sees an immediate trading range of 24,000 to 24,500 for Nifty, with a broader range of 23,800 to 24,800 based on options data.
Taparia recommends buying BHEL with a target price of ₹460 and a stop loss of ₹420, citing a box breakout supported by volumes.
The other two buy recommendations are KEI Industries (target ₹6,200, stop loss ₹5,700) and Oberoi Realty (target ₹2,050, stop loss ₹1,875).
- Who
- Chandan Taparia, Head of Derivatives & Technicals, Wealth Management at Motilal Oswal Financial Services Ltd.
- What
- Recommended three stocks to buy (BHEL, KEI Industries, Oberoi Realty) and provided Nifty 50 and Bank Nifty outlooks.
- When
- 18 August 2026, for the trading session that day.
- Where
- Indian stock market, covering Nifty 50, Sensex, Bank Nifty, and Gift Nifty.
- Why
- Based on technical analysis of charts, moving averages, momentum indicators, and options data.
- Analyst
- Chandan Taparia, Motilal Oswal Financial Services Ltd
- Sensex previous close
- 77,728.16 (down 281.09 points / 0.36%)
- Nifty 50 previous close
- 24,287.65 (down 78.35 points / 0.32%)
- Gift Nifty level
- Around 24,300.5, a discount of 92.2 points
- Nifty immediate range
- 24,000 to 24,500
- BHEL
- Buy, target ₹460, stop loss ₹420
- KEI Industries
- Buy, target ₹6,200, stop loss ₹5,700
- Oberoi Realty
- Buy, target ₹2,050, stop loss ₹1,875