Updated for13 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

*Returns are based on published recommendation prices.

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⭐ Today’s Highest Conviction Stock

⭐⭐⭐⭐⭐ VA Tech Wabag Ltd.

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Trade Setup

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Why This Trade?

VA Tech Wabag closed at Rs. 2,221.20, gaining 4.89% in the latest session while continuing its powerful medium-term uptrend. The stock has delivered an exceptional 43.30% return over the past month and 76.34% over the last three months, confirming sustained institutional accumulation.

Technically, the stock is trading comfortably above its 20, 34, 50, 89 and 200-day moving averages, while the ADX of 55.18 indicates one of the strongest trending setups currently available. Although the MACD histogram has turned marginally negative after a prolonged rally, the primary trend remains firmly bullish and any dip towards support is likely to attract fresh buying.

The stock has already delivered:

• 6.74% return in 1 week
• 43.30% return in 1 month
• 76.34% return in 3 months
• 56.19% return in 1 year

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Trend Analysis

Trend	View
Short-Term	🟢 Bullish
Medium-Term	🟢 Bullish
Long-Term	🟢 Bullish

All three timeframes remain aligned, indicating a healthy primary uptrend supported by strong buying interest.

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Price Structure

The stock is currently:

• Trading above the 20, 34, 50, 89 and 200-day moving averages
• Holding comfortably above the Parabolic SAR (Rs. 2,040.70)
• Trading near the upper Bollinger Band, reflecting sustained momentum
• Forming a series of higher highs and higher lows
• Approaching a fresh breakout zone above Rs. 2,272–2,323

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Technical Indicators

Indicator	Observation
RSI	67.45 – Strong bullish momentum without extreme exhaustion
MACD	Positive, with only a minor short-term pause after a sharp rally
ADX	55.18 – Exceptionally strong trend
DMI	+38.74 vs -6.91 – Bulls remain firmly in control
Bollinger Bands	Trading close to upper band
Stochastic	Momentum remains positive
CCI	152.07 – Strong breakout territory
ATR	Rs.102.83 – Healthy volatility
Momentum	Strongly positive

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Key Intraday Levels

Level	Price
Pivot Point	Rs. 2,197
Immediate Support	Rs. 2,146
Strong Support	Rs. 2,071
Immediate Resistance	Rs. 2,272
Strong Resistance	Rs. 2,323
Major Breakout Zone	Rs. 2,275

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Breakout Strategy

Scenario	Action
Above Rs. 2,275	Fresh buying can be initiated
Sustains above Rs. 2,323	Rally may extend towards Rs. 2,450–2,575
Buy on dips near Rs. 2,150–2,200	Suitable for positional traders
Below Rs. 2,145	Reduce positions
Below Rs. 2,040	Exit as trend weakens

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Trading Interpretation

VA Tech Wabag continues to display one of the strongest momentum structures in the engineering and water infrastructure space. The combination of multi-timeframe bullish trends, exceptionally strong ADX, positive DMI readings, and sustained price strength above all major moving averages suggests that institutional buying remains intact.

Although the stock has rallied sharply over the last month, there are still no meaningful signs of distribution. A decisive breakout above Rs. 2,275–2,323 could trigger the next leg of the rally towards Rs. 2,450 initially and Rs. 2,650 over the next 4–6 weeks.

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Best Strategy for Traders

• Accumulate on declines towards Rs. 2,150–2,210.
• Fresh buying is preferable only after a breakout above Rs. 2,275 with strong volumes.
• Book partial profits near Rs. 2,450–2,575.
• Hold remaining positions using a trailing stop once Target-1 is achieved.
• Avoid chasing if the stock opens with a large gap-up.

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Pro-Level Upgrade (What Smart Money Does)

Professional traders generally prefer:

• Accumulating near pivot and moving-average support.
• Adding fresh positions only after confirmation above Rs. 2,275.
• Using Rs. 2,040 as a disciplined risk-management level.
• Trailing stop losses instead of booking complete profits early.
• Watching volume closely as the stock approaches Rs. 2,323, where the next momentum leg could begin.

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Paresh Gordhandas View

VA Tech Wabag remains one of the strongest technical momentum candidates currently available in the Indian market. The alignment of bullish trends across all timeframes, a very strong ADX, healthy institutional participation, and sustained price action above key moving averages make it a high-conviction 4–6 week delivery idea. Investors should accumulate on declines or buy on a confirmed breakout above Rs. 2,275 while maintaining strict stop losses below Rs. 2,040.