Updated for 17 July 2026 | Delivery β’ Swing Trading β’ 2β8 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 2β8 weeks.
What You’ll Find Today
β Best Stocks to Buy Today
β Breakout Stocks
β Swing Trading Ideas
β 2β8 Week Delivery Calls
β Entry, Target & Stop Loss
β Technical Analysis by Paresh Gordhandas
β Recent Performance of Paresh Gordhandas Power Calls
| Date | Stock | Status | Return |
|---|---|---|---|
| 07 Jul | Aegis Logistics | Active | β |
| 07 Jul | Lloyds Engineering | Active | β |
| 03 Jul | Welspun Corp | Active | +7.5%* |
| 27 Jun | CarTrade Tech | Target-1 Achieved | +9.4% |
| 25 Jun | Eicher Motors | Closed | +12.7% |
*Returns are based on published recommendation prices.
β Today’s Highest Conviction Stock
β Today’s High Conviction Stock
ββββ Mastek Ltd
| Rating | Value |
|---|---|
| β Conviction | ββββ |
| Holding Period | 4β6 Weeks |
| Potential | 10β18% |
| Risk | Medium |
| Suitable For | Swing & Delivery |
Trade Setup
| Instrument | Trade | Buy Zone | Target | Stop Loss |
|---|---|---|---|---|
| Mastek | Buy on Dips | Rs. 1,735 β 1,760 | Rs. 1,835 / 1,925 | Rs. 1,685 |
| Mastek | Breakout Buy Above | Rs. 1,805 | Rs. 1,925 / 2,015 | Rs. 1,745 |
Why This Trade?
Mastek closed at Rs. 1,768.20, gaining 4.74% in a single session while extending its weekly gain to 9.68%. The stock has moved above its 20, 34, 50 and 89-day moving averages, indicating a significant improvement in price structure.
The MACD remains in a bullish crossover, RSI at 63.49 reflects healthy momentum without entering an overbought zone, while ADX at 25.52 confirms strengthening trend strength. Although the medium- and long-term trends are still bearish, the recent recovery suggests a potential trend reversal over the coming weeks if buying momentum continues.
Technical Snapshot
| Indicator | Observation |
|---|---|
| Trend | Short-Term π’ Bullish β’ Medium-Term π΄ Bearish β’ Long-Term π΄ Bearish |
| RSI | 63.49 β Healthy bullish momentum |
| MACD | Positive crossover with rising histogram |
| ADX / DMI | ADX 25.52; +DI well above -DI (buyers in control) |
| Moving Averages | Trading above 20, 34, 50 & 89 EMA/SMA |
| Parabolic SAR | Bullish at Rs. 1,596.84 |
| Stochastic | Positive momentum continues |
Key Price Levels
| Level | Price |
|---|---|
| Pivot | Rs. 1,746 |
| Immediate Support | Rs. 1,712 |
| Strong Support | Rs. 1,656 |
| Immediate Resistance | Rs. 1,802 |
| Major Breakout Zone | Rs. 1,805β1,836 |
Trading Strategy
- Accumulate on dips near Rs. 1,735β1,760.
- Fresh buying is recommended only on a decisive breakout above Rs. 1,805 with strong volumes.
- Book partial profits near Rs. 1,925.
- Hold the remaining position for Rs. 2,015 with a trailing stop loss.
- Exit if the stock closes below Rs. 1,685.
Paresh Gordhandas View
Mastek is emerging as a promising 4β6 week swing trading opportunity. The combination of a bullish MACD crossover, improving ADX, healthy RSI and strong price action above key moving averages indicates renewed institutional buying. A sustained move above Rs. 1,805 could trigger the next leg of the rally towards Rs. 1,925β2,015, making it one of the better technical opportunities among mid-cap IT stocks.