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

Paresh Gordhandas Power Calls

Updated for 9 July 2026 | Delivery β€’ Swing Trading β€’ 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

βœ… Best Stocks to Buy Today

βœ… Breakout Stocks

βœ… Swing Trading Ideas

βœ… 2–8 Week Delivery Calls

βœ… Entry, Target & Stop Loss

βœ… Technical Analysis by Paresh Gordhandas

⭐ 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.


⭐ Today’s Highest Conviction Stock

⭐⭐⭐⭐⭐ Borosil Renewables Ltd.

Rating Value
⭐ Conviction ⭐⭐⭐⭐⭐
Holding Period 4–6 Weeks
Potential 14–22%
Risk Medium
Suitable For Swing & Delivery Investors

Trade Setup

Instrument Trade Buy Zone Target Stop Loss
Borosil Renewables Buy on Dips Rs. 642 – 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.

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Trend Analysis

TrendView
Short-Term🟒 Bullish
Medium-Term🟒 Bullish
Long-TermπŸ”΄ 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. 675–697

Technical Indicators

IndicatorObservation
RSI69.12 (Strong bullish momentum)
MACDPositive crossover with rising histogram
ADX46.19 (Very strong trend)
DMI+32.22 vs -11.66 (Buyers firmly in control)
Bollinger BandsTrading above upper band
Stochastic RSIMomentum remains strong
CCI194.19 (Breakout territory)
ATR25.17 (Healthy volatility)
MomentumPositive and accelerating

### Key Intraday Levels

LevelPrice
Pivot PointRs. 636.58
Immediate SupportRs. 613.67
Strong SupportRs. 575.68
Immediate ResistanceRs. 674.57
Strong ResistanceRs. 697.48
Major Breakout ZoneRs. 675

### Breakout Strategy

ScenarioAction
Above Rs. 675Fresh buying can be initiated
Sustains above Rs. 697Rally may extend towards Rs. 758–819
Buy on dips near Rs. 642–655Suitable for positional traders
Below Rs. 613Exit or reduce positions
Below Rs. 576Trend 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. 613–620 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 4–6 weeks.


### Best Strategy for Traders

  • Accumulate on declines towards Rs. 642–655.
  • Fresh buying is preferable only after a breakout above Rs. 675 with volume.
  • Book partial profits around Rs. 697–758.
  • 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. 697–700, 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 4–6 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