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

Paresh Gordhandas Best Stocks to Buy Today

Updated for 23 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

Date Stock Status Return
07 Jul Aegis Logistics Active —
07 Jul Lloyds Engineering Active —
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.

⭐ Breakout Stocks Today

⭐⭐⭐⭐☆ RR Kabel Ltd.

Rating Value
Conviction ⭐⭐⭐⭐☆
Holding Period 4–6 Weeks
Potential 6–12%
Risk Medium
Suitable For Swing & Delivery Traders

Trade Setup

Trade Entry Target Stop Loss
Buy on Dips Rs. 2,385–2,415 Rs. 2,471 / Rs. 2,509 Rs. 2,335
Breakout Buy Above Rs. 2,472 Rs. 2,509 / Rs. 2,595 Rs. 2,384

Profit-Booking Strategy

Book 50% at Target 1 and hold the remaining quantity for Target 2. After the first target is achieved, move the stop loss on the balance quantity to the original buying price.

Avoid chasing the stock if it opens sharply above the breakout zone.

Why This Trade?

RR Kabel closed at Rs. 2,432.40, gaining 3.71% in the latest session. Although its five-day trend remains under consolidation, the medium- and long-term trends are bullish.

The stock is trading above all major moving averages. Its RSI of 60.57 remains within the preferred momentum range, while DMI Plus continues to remain above DMI Minus, indicating buyer dominance.

The stock has delivered:

  • 6.16% in one week
  • 64.84% in three months
  • 76.21% in one year

The MACD histogram remains slightly negative, so fresh buying should preferably be considered either near support or after a confirmed breakout above Rs. 2,472.

Key Technical Levels

Level Price
Pivot Rs. 2,423
Immediate Support Rs. 2,385
Strong Support Rs. 2,337
Breakout Level Rs. 2,472
Target 1 Rs. 2,509
Target 2 Rs. 2,595

Paresh Gordhandas View

RR Kabel remains a promising four-to-six-week delivery candidate because the broader trend is bullish and the RSI is not overextended.

Preferred strategy: Buy on declines near Rs. 2,385–2,415 or after a confirmed breakout above Rs. 2,472. Maintain a strict stop loss below Rs. 2,335.

This version preserves the investment logic while avoiding repetition.

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Trend Analysis

TrendView
Short Term🔴 Bearish (Consolidating)
Medium Term🟢 Bullish
Long Term🟢 Bullish

The short-term trend is consolidating, while the medium- and long-term structure remains bullish. As long as RR Kabel holds above the key support zone, the broader uptrend is likely to continue.

Technical Indicators

IndicatorObservation
RSI60.57 – Healthy momentum
MACDPositive, but histogram slightly negative
ADX23.38 – Trend improving
DMIBuyers remain in control
Bollinger BandTrading near upper band
Parabolic SARBullish
ATRHigh volatility

Interpretation: Momentum remains positive despite short-term consolidation. RSI is in the ideal range for a positional trade.

Important Price Levels

LevelPrice
PivotRs. 2,423
Support 1Rs. 2,385
Support 2Rs. 2,337
BreakoutRs. 2,472
Target 1Rs. 2,509
Target 2Rs. 2,595

Trading Strategy

  • Buy on dips near Rs. 2,385–2,415.
  • Fresh buying above Rs. 2,472 after confirmation.
  • Book partial profits at Target 1.
  • Hold the remaining position for Target 2 with a trailing stop loss.
  • Avoid chasing a sharp gap-up opening.

Risk Factors

  • MACD momentum has softened slightly.
  • ATR indicates higher daily volatility.
  • Failure to sustain above Rs. 2,472 may lead to short-term consolidation.

Paresh Gordhandas View

RR Kabel continues to be a quality medium-term momentum candidate. While short-term consolidation is possible, the broader trend remains positive. Buying on dips or after a confirmed breakout offers a better risk-reward opportunity than chasing the stock at higher levels.