Paresh Gordhandas Power Calls
Paresh Gordhandas Power Calls

Best Stocks to Buy Today in India – Paresh Gordhandas Power Calls

– Daily Expert Recommendations | Updated every morning at 8:00 AM IST

best stock to buy today

At Chanakya Ni Pothi, India’s oldest investment & IPO research weekly with a legacy of 33+ years, we bring you fresh “Power Calls” from Paresh Gordhandas — actionable stock recommendations before market opening.

🕗 Last Update: 16 January 2026, 8.00 AM

🔔 Nifty Technical View for Friday, 16 January

📈Nifty remained in a consolidation phase on Wednesday and ended 66 points lower. The index opened weak, slipped further in early trade, and then moved into a narrow range with a mild negative bias through the mid-to-late session.

On the daily chart, a small green candle with a long upper shadow was formed, reflecting intraday volatility and selling pressure at higher levels. Technically, this indicates that Nifty is still oscillating within the 25,600–25,900 band. While strong support is visible near 25,500–25,600, the inability to decisively cross the 25,900–26,000 resistance zone is a negative signal for near-term momentum.

Overall, the underlying trend remains choppy with a weak bias. A sustainable breakout above 25,900–26,000 is needed to revive a clearer upside trajectory. If the index fails to hold above the support zone, it may drift back to retest 25,500 and possibly 25,400 in the coming sessions.

Paresh Gordhandas Power Calls – 16 January 2026

(Paresh Gordhandas is a Chartered Accountant and Research Analyst)

Delivery based: Holding period 4 to 6 weeks Appox

MCX
The MCX) commenced operation in Nov,03 is India’s first listed, national-level, electronic exchange, and India’s leading commodity derivatives exchange which offers the benefits of fair price discovery and price risk management to the Indian commodity market ecosystem. The Exchange operates under SEBI

Price  Rs. 2417
Target 1 Rs. 2480
Target 2 Rs. 2543
Target 3 Rs. 2704
StopLoss Rs. 2319

Vaishali Parekh‘s stock recommendations

Vaishali Parekh
Intraday Recommendations for 16 January 2026
 
1] Bank of Baroda: Buy at 307.70, Target 322, Stop Loss 300
2] NMDC: Buy at 83.85, target 88, Stop Loss 82
3] AB Capital: Buy at 358.60, Target 375, Stop Loss 350.

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Vaishali Parekh’s stock recommendations

What is the best stock to buy today in India?

Chanakya Ni Pothi recommends stocks based on technical and fundamental analysis. Visit the post daily for updated high-potential picks. For 8 January 2026, Chanakya has recommended – TBZ

How often are the best stock picks updated?

The best stock to buy today is updated every trading day before 8 AM based on the latest market trends and expert analysis.

Are these stock recommendations short-term or long-term?

Chanakya provides both short-term fast movers (4–6 weeks) and long-term fundamentally strong investment ideas.

Is there any guarantee on stock performance?

Stock market investments carry risk. While our picks are research-backed, returns can vary with market conditions.

Can beginners follow these stock tips?

Yes. The analysis is easy to understand, and beginners can start with small investments while learning market behavior.

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Many updates are free to read, but premium recommendations may require a subscription for full access. Premium recommendations can be subscribed at analysislibrary.com/shop/

What are the top 3 stocks to buy right now in India?

Top 3 stocks to buy for 13 January 2025 are
IndusInd Bank, NMDC, and Oil India Ltd.

What are the top 5 stocks to buy right now in India?

Top 5 stocks for 13 January 2026- Fedbank Financial Services, Asian Paints, Nestle India, Alkem Laboratories, and Union Bank of India.

Which are Sumeet Bagadia breakout Stocks?

for 13 January 2026, Sumeet Bagadia recommends – Fedbank Financial Services, Asian Paints, Nestle India, Alkem Laboratories, and Union Bank of India.

Who is Paresh Gordhandas?


Paresh Gordhandas is a distinguished Chartered Accountant and one of India’s most respected Research Analysts, with an illustrious career spanning over 35 years in equity and mutual fund research. Recognized as a pioneer in the field of investment analysis, he has guided generations of investors with his sharp insights and unbiased evaluations of the Indian capital markets.
He is a regular face on leading business news channels such as GS TV and others, where his expert opinions on stocks, IPOs, and mutual funds are highly valued. His analytical articles frequently feature in prominent investment publications and financial portals, reflecting his deep understanding of market dynamics.
Beyond research, Mr. Gordhandas is also a successful entrepreneur. He is the driving force behind several innovative ventures, including BigGaddi.com, India’s leading used commercial vehicle platform, and StaffAvailable.com, a reputed overseas recruitment portal. As a domain expert in mutual fund analysis, his views and recommendations are exclusively featured on Sahifund.com, one of India’s growing mutual fund research platforms.

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