Updated for 9 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
βββββ Borosil Renewables Ltd.
| Rating | Value |
|---|---|
| β Conviction | βββββ |
| Holding Period | 4β6 Weeks |
| Potential | 14β22% |
| Risk | Medium |
| Suitable For | Swing & Delivery Investors |
Trade Setup
| Instrument | Trade | Buy Zone | Target | Stop Loss |
|---|---|---|---|---|
| Borosil Renewables | Buy on Dips | Rs. 642 β 655 | Rs. 697 / 758 | Rs. 613 |
| Borosil Renewables | Breakout Buy Above | Rs. 675 | Rs. 758 / 819 | Rs. 640 |
| Borosil Renewables | Sell Below | Rs. 613 | Rs. 576 / 538 | Rs. 646 |
### Why This Trade?
Borosil Renewables closed at Rs. 651.65, gaining 9.59% in a single session after a decisive breakout above its recent consolidation range. The stock has already delivered 24.11% returns in one month and 57.14% over the last three months, signalling sustained institutional buying rather than a short-lived rally.
Technically, the setup remains one of the strongest in the renewable energy space. The stock is trading comfortably above its 20-DMA, 34-DMA, 50-DMA and 200-DMA, while ADX at 46.19 confirms a powerful trend. The positive MACD crossover, bullish DMI structure, and Parabolic SAR support at Rs. 587.50 indicate that the primary uptrend remains intact.
Although RSI at 69.12 suggests the stock is approaching the overbought zone, it has not yet reached extreme levels where momentum typically fades. Traders should therefore prefer accumulating on dips or buying only after a sustained move above the breakout level.
Trend Analysis
| Trend | View |
|---|---|
| Short-Term | π’ Bullish |
| Medium-Term | π’ Bullish |
| Long-Term | π΄ Bearish (Improving) |
The long-term trend is still recovering, but the recent breakout above key moving averages indicates a strong probability of trend reversal if the stock sustains above Rs. 675.
Price Structure
The stock is currently:
- Trading above 20, 34, 50 and 200-day moving averages
- Trading above the Upper Bollinger Band, reflecting strong momentum
- Holding well above Parabolic SAR support (Rs. 587.50)
- Forming a series of higher highs and higher lows
- Approaching a fresh breakout zone near Rs. 675β697
Technical Indicators
| Indicator | Observation |
|---|---|
| RSI | 69.12 (Strong bullish momentum) |
| MACD | Positive crossover with rising histogram |
| ADX | 46.19 (Very strong trend) |
| DMI | +32.22 vs -11.66 (Buyers firmly in control) |
| Bollinger Bands | Trading above upper band |
| Stochastic RSI | Momentum remains strong |
| CCI | 194.19 (Breakout territory) |
| ATR | 25.17 (Healthy volatility) |
| Momentum | Positive and accelerating |
### Key Intraday Levels
| Level | Price |
|---|---|
| Pivot Point | Rs. 636.58 |
| Immediate Support | Rs. 613.67 |
| Strong Support | Rs. 575.68 |
| Immediate Resistance | Rs. 674.57 |
| Strong Resistance | Rs. 697.48 |
| Major Breakout Zone | Rs. 675 |
### Breakout Strategy
| Scenario | Action |
|---|---|
| Above Rs. 675 | Fresh buying can be initiated |
| Sustains above Rs. 697 | Rally may extend towards Rs. 758β819 |
| Buy on dips near Rs. 642β655 | Suitable for positional traders |
| Below Rs. 613 | Exit or reduce positions |
| Below Rs. 576 | Trend weakens; avoid fresh buying |
### Trading Interpretation
Borosil Renewables is displaying one of the strongest technical structures among renewable energy stocks. Strong price momentum, healthy volume expansion, a rising ADX and a positive MACD suggest that institutional accumulation is still underway.
While the stock has rallied sharply in recent weeks, there are no major signs of distribution yet. As long as it remains above the Rs. 613β620 support zone, the broader bullish structure is likely to remain intact. A decisive move above Rs. 675 could open the path towards Rs. 758 initially and Rs. 819 over the next 4β6 weeks.
### Best Strategy for Traders
- Accumulate on declines towards Rs. 642β655.
- Fresh buying is preferable only after a breakout above Rs. 675 with volume.
- Book partial profits around Rs. 697β758.
- Hold the remaining position with a trailing stop loss once the first target is achieved.
- Avoid chasing if the stock opens with a very large gap-up.
### Pro-Level Upgrade (What Smart Money Does)
Professional traders generally avoid buying immediately after a one-day sharp rally. Instead, they prefer:
- Accumulating near pivot or moving-average support.
- Adding fresh positions only after breakout confirmation above Rs. 675.
- Using Rs. 613 as a disciplined risk-management level.
- Trailing stop losses rather than booking complete profits early.
- Watching volume closely as the stock approaches Rs. 697β700, where the next leg of the rally could begin.
Paresh Gordhandas View
Borosil Renewables remains one of the strongest momentum candidates in the renewable energy sector. The combination of bullish trend, powerful ADX, positive MACD and sustained institutional buying makes it a high-conviction 4β6 week delivery idea. Buy on dips or on a confirmed breakout above Rs. 675, while maintaining strict stop losses below Rs. 613.eek perspective.d