Updated: 5 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 |
|---|---|---|---|
| 1 Jul | MBAPL | New Call | β |
| 30 Jun | Schneider Electric | Active | β |
| 29 Jun | Rustomjee | Active | +3.8% |
| 27 Jun | CarTrade Tech | Target-1 Achieved | +9.4% |
| 25 Jun | Eicher Motors | Closed | +12.7% |
| 23 Jun | Anand Rathi Wealth | Closed | +10.8% |
Returns are based on published entry prices.
β Today’s Highest Conviction Stock
βββββ CYIENT DLM Ltd
| Rating | Value |
|---|---|
| β Conviction | βββββ |
| Holding Period | 4β6 Weeks |
| Potential | 15β25% |
| Risk | Medium |
| Suitable For | Swing & Delivery |
Trade Setup
| Instrument | Trade | Buy Zone | Target | Stop Loss |
|---|---|---|---|---|
| CYIENT DLM | Buy on Dips | Rs. 498 β 510 | Rs. 551 / 598 | Rs. 482 |
| CYIENT DLM | Breakout Buy Above | Rs. 531 | Rs. 598 / 645 | Rs. 503 |
| CYIENT DLM | Sell Below | Rs. 482 | Rs. 456 / 409 | Rs. 505 |
Why This Trade?
CYIENT DLM closed at Rs. 509.40 after gaining 7.96% in a single trading session. The stock has rallied 9.55% over the past week, 13.34% over the last month and an impressive 72.91% during the past three months, highlighting sustained institutional accumulation.
Technically, the stock remains one of the strongest momentum candidates in the market. It is trading comfortably above its 20 DMA, 34 DMA, 50 DMA, 89 DMA and 200 DMA, confirming a well-established uptrend. The MACD remains positive, ADX at 41.98 signals a strong trending market, while DMI+ (37.29) continues to dominate DMIβ (9.48), reflecting aggressive buying interest.
Although the RSI at 72.48 indicates the stock is entering an overbought zone, strong trending stocks often remain overbought for extended periods. Hence, traders should prefer accumulating on dips or buying only after a decisive breakout above resistance.
The stock has already delivered:
- 7.96% return in 1 day
- 9.55% return in 1 week
- 13.34% return in 1 month
- 72.91% return in 3 months
- 8.36% return in 1 year
Trend Analysis
| Trend Type | View |
|---|---|
| Short-term Trend | Bullish |
| Medium-term Trend | Bullish |
| Long-term Trend | Bearish (Improving) |
Price Structure
The stock is currently:
- Trading above 20DMA, 34DMA, 50DMA, 89DMA and 200DMA
- Trading above the Upper Bollinger Band (Rs. 496.97), reflecting exceptional momentum
- Holding comfortably above Parabolic SAR support at Rs. 450.75
- Maintaining a strong higher-high and higher-low structure
- Approaching a fresh breakout trigger above Rs. 530β531
Breakout Indicators
Current technical indicators suggest:
- RSI: 72.48 β Strong bullish momentum
- ADX: 41.98 β Very strong trend
- DMI+: 37.29 vs DMIβ: 9.48 β Buyers firmly in control
- MACD remains positive with bullish crossover intact
- Stochastic RSI indicates momentum continuation
- CCI: 299.28 β Strong breakout territory
- ATR: 21.05 β Healthy volatility suitable for swing trading
π Conclusion
CYIENT DLM continues to display one of the strongest technical structures among mid-cap engineering and defence-related stocks. The combination of strong price action, rising momentum, positive MACD, powerful ADX and sustained buying above key moving averages indicates that institutional participation remains robust.
While the RSI has entered the overbought zone, the broader trend remains firmly positive. Traders should consider accumulating on declines toward support levels or initiate fresh positions only after a convincing breakout above Rs. 530β531.
A successful breakout could potentially extend the rally toward Rs. 598, followed by Rs. 645 over the next 4β6 weeks.
Key Intraday Levels
| Level Type | Price |
|---|---|
| Pivot Point | Rs. 503.32 |
| Immediate Support | Rs. 482.68 |
| Strong Support | Rs. 455.97 |
| Immediate Resistance | Rs. 530.03 |
| Strong Resistance | Rs. 550.67 |
| Major Breakout Zone | Rs. 530β531 |
Technical View
| Indicator | Observation |
|---|---|
| RSI | 72.48 (Strong bullish momentum) |
| MACD | Positive crossover intact |
| ADX | 41.98 (Very strong trend) |
| Bollinger Bands | Trading above upper band |
| Stochastic RSI | Momentum remains strong |
| CCI | 299.28 (Powerful breakout zone) |
| Momentum | Strong and accelerating |
Breakout Strategy
| Scenario | Action |
|---|---|
| Above Rs. 531 | Fresh breakout buying likely |
| Sustains above Rs. 551 | Upside may extend toward Rs. 598β645 |
| Below Rs. 482 | Near-term weakness may emerge |
| Below Rs. 456 | Selling pressure may accelerate |
Trading Meaning
CYIENT DLM has entered a strong momentum phase after consistently holding above all key moving averages. The combination of a positive MACD, rising ADX, dominant DMI+, strong momentum oscillator readings and expanding price structure suggests that institutional buying remains active.
The only caution is the elevated RSI, which makes buying on dips a more prudent strategy than chasing sharp rallies.
Best Strategy for Traders
- Conservative traders should wait for a breakout above Rs. 531.
- Aggressive traders may accumulate between Rs. 498β510.
- Maintain a stop loss below Rs. 482.
- Consider partial profit booking near Rs. 550β560.
- Ride the remaining position toward Rs. 598β645 using a trailing stop loss.
Pro-Level Upgrade (What Big Players Do)
Professional traders generally avoid chasing extended moves and instead prefer accumulating quality momentum stocks near pivot or moving-average support before adding on confirmed breakouts.
Smart money typically focuses on:
- Buying near the pivot zone and key EMA supports.
- Adding fresh exposure only after a sustained breakout above Rs. 531.
- Using trailing stop losses instead of fixed exits.
- Booking partial profits near major resistance clusters.
- Monitoring volume expansion for confirmation of institutional participation.
Overall View: CYIENT DLM remains one of the strongest momentum candidates for the coming 4β6 weeks, with the technical setup favouring higher levels as long as the stock sustains above Rs. 482.