Updated: 3 July 2026 | Delivery • Swing Trading • 2–8 Week Opportunities
Looking for the best stocks to buy today? Welcome to Paresh Gordhandas Power Calls, where we publish high-conviction technical stock recommendations based on price action, momentum, option data and trend analysis. Our research is updated every trading day before market hours and focuses on stocks with the strongest technical probability over the next 2–8 weeks.
What You’ll Find Today
✅ Best Stocks to Buy Today
✅ Breakout Stocks
✅ Swing Trading Ideas
✅ 2–8 Week Delivery Calls
✅ Entry, Target & Stop Loss
✅ Technical Analysis by Paresh Gordhandas
⭐ Recent Performance of Paresh Gordhandas Power Calls
| Date | Stock | Status | Return |
|---|---|---|---|
| 1 Jul | MBAPL | New Call | — |
| 30 Jun | Schneider Electric | Active | — |
| 29 Jun | Rustomjee | Active | +3.8% |
| 27 Jun | CarTrade Tech | Target-1 Achieved | +9.4% |
| 25 Jun | Eicher Motors | Closed | +12.7% |
| 23 Jun | Anand Rathi Wealth | Closed | +10.8% |
Returns are based on published entry prices.
⭐ Today’s Highest Conviction Stock
⭐⭐⭐⭐⭐ Apollo Tyres Ltd.
| Rating | Value |
|---|---|
| ⭐ Conviction | ⭐⭐⭐⭐⭐ |
| Holding Period | 4–6 Weeks |
| Potential | 10–18% |
| Risk | Medium |
| Suitable For | Swing & Delivery |
Trade Setup
| Instrument | Trade | Buy Zone | Target | Stop Loss |
|---|---|---|---|---|
| Apollo Tyres | Buy on Dips | Rs. 448 – 456 | Rs. 475 / 502 | Rs. 440 |
| Apollo Tyres | Breakout Buy Above | Rs. 460 | Rs. 469 / 478 | Rs. 440 |
| Apollo Tyres | Sell Below | Rs. 440 | Rs. 423 / 397 | Rs. 456 |
Why This Trade?
Apollo Tyres closed at Rs. 456.60 after gaining an impressive 5.78% in a single trading session. The stock has delivered 8.25% over the past week and 16.55% during the last month, indicating strong buying momentum supported by improving technical indicators.
The stock has reclaimed all key moving averages including the 20 DMA, 34 DMA, 50 DMA and 89 DMA, while also moving above the 200 EMA, reflecting a significant improvement in trend strength. The bullish MACD crossover, strong ADX reading and favourable DMI setup suggest that momentum continues to build after a prolonged consolidation phase.
Apollo Tyres also benefits from improving demand in the domestic automobile industry and remains one of India’s leading tyre manufacturers with a strong presence across passenger vehicles, commercial vehicles and replacement markets.
The stock has already delivered:
- 5.78% gain in 1 day
- 8.25% return in 1 week
- 16.55% return in 1 month
- 12.82% return in 3 months
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The stock is showing:
| Trend Type | View |
|---|---|
| Short-term Trend | Bullish |
| Medium-term Trend | Bearish |
| Long-term Trend | Bearish |
Price is:
- Trading comfortably above 20 DMA, 34 DMA, 50 DMA and 89 DMA
- Trading above the 200 EMA, indicating improving long-term structure
- Trading above the Upper Bollinger Band (Rs. 454.09), confirming strong momentum
- Holding well above Parabolic SAR support at Rs. 412.27
- Forming a higher-high and higher-low pattern
- Approaching a fresh breakout trigger above Rs. 460
Breakout Stocks for Today – Indicators Suggest
- RSI: 70.29 → Strong bullish momentum.
- ADX: 27.76 → Strong trend in progress.
- DMI+: 40.49 vs DMI−: 13.13 → Buyers clearly dominate.
- MACD: Strong positive crossover.
- Stochastic RSI: 100 → Momentum expansion continues.
- CCI: 202.32 → Powerful breakout territory.
- ATR: 13.03 → Healthy volatility suitable for swing trading.
👉 Conclusion
Apollo Tyres has entered a high-momentum breakout phase after reclaiming all major moving averages with strong volume participation.
Although RSI has entered the overbought zone, strong trending stocks often remain overbought for extended periods. As long as Rs. 440 holds, the bullish structure remains intact. A sustained move above Rs. 460 can trigger fresh momentum buying towards Rs. 469 initially and Rs. 478–502 over the coming 4–6 weeks.
Key Intraday Levels
| Level Type | Price |
|---|---|
| Pivot Point | Rs. 449.13 |
| Immediate Support | Rs. 439.77 |
| Strong Support | Rs. 422.93 |
| Immediate Resistance | Rs. 465.97 |
| Strong Resistance | Rs. 475.33 |
| Major Breakout Zone | Rs. 460 |
Technical View
| Indicator | Observation |
|---|---|
| RSI | 70.29 (Strong bullish momentum) |
| MACD | Strong positive crossover |
| ADX | 27.76 (Strong trend) |
| Bollinger Bands | Trading above upper band |
| StochRSI | Strong momentum expansion |
| CCI | 202.32 (Powerful breakout territory) |
| Momentum | Strong and accelerating |
Breakout Strategy
| Scenario | Action |
|---|---|
| Above Rs. 460 | Fresh breakout rally likely |
| Sustains above Rs. 475 | Upside may extend towards Rs. 502 |
| Below Rs. 440 | Near-term weakness may emerge |
| Below Rs. 423 | Selling pressure could intensify |
Trading Meaning
Apollo Tyres has completed a healthy consolidation phase and is now displaying one of the strongest momentum setups in the automobile sector. The stock is supported by strong trend readings, improving moving-average alignment and healthy buying participation.
The combination of a positive MACD crossover, rising ADX, dominant DMI+, strong RSI and exceptionally high CCI suggests institutional accumulation. A decisive breakout above Rs. 460 may open the path towards Rs. 469–478 initially, with the possibility of extending towards Rs. 500+ if momentum sustains during the next 4–6 weeks.
Best Strategy for Traders
- Buy only after a sustained move above Rs. 460.
- Aggressive traders may accumulate on dips near Rs. 448–456.
- Book 50% profits near Rs. 469.
- Hold the remaining quantity for Rs. 478, shifting the stop loss to the cost price after Target-1 is achieved.
- Maintain a strict stop loss at Rs. 440.
Pro-Level Upgrade (What Big Players Do)
Institutional traders generally prefer stocks that break out after reclaiming all major moving averages with improving trend strength.
Smart money typically:
- Accumulates near pivot and moving-average support.
- Adds fresh positions only after confirmation above Rs. 460.
- Uses trailing stop losses instead of exiting the entire position.
- Books partial profits near key resistance clusters.
- Monitors volume expansion to validate trend continuation.
Chanakya View: Apollo Tyres currently offers one of the strongest technical setups in the auto sector. With powerful momentum indicators, strengthening trend readings and favourable sector tailwinds, the stock has the potential to deliver 10–18% returns over the next 4–6 weeks, provided it sustains above the Rs. 460 breakout level.towards Rs. 643–711.ding and delivery-based investing.