Updated: 2 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 MBAPL
| Rating | Value |
|---|---|
| β Conviction | βββββ |
| Holding Period | 4β6 Weeks |
| Potential | 15β22% |
| Risk | Medium |
| Suitable For | Swing & Delivery |
Trade Setup
| Instrument | Trade | Buy Zone | Target | Stop Loss |
|---|---|---|---|---|
| MBAPL | Buy on Dips | Rs. 580 β 592 | Rs. 640 / 710 | Rs. 549 |
| MBAPL | Breakout Buy Above | Rs. 618 | Rs. 643 / 711 | Rs. 590 |
| MBAPL | Sell Below | Rs. 549 | Rs. 507 / 439 | Rs. 575 |
Why This Trade?
MBAPL closed at Rs. 593.25 after gaining 5.56% in the latest trading session, extending its impressive medium-term rally. The stock has appreciated 7.78% during the last week, 12.41% over the last month, 34.37% in three months, and nearly 39% over the past year, clearly indicating sustained institutional accumulation.
Technically, the stock continues to trade comfortably above its 20, 34, 50, 89 and 200-day moving averages, confirming that the primary trend remains firmly bullish across all timeframes. The MACD remains in positive territory with a bullish crossover, while momentum indicators continue to strengthen despite the recent rally.
Although RSI at 65.85 suggests the stock is approaching the overbought zone, it has not yet reached extreme levels, leaving room for another leg of the uptrend.
The stock has already delivered:
- 5.56% return in 1 day
- 7.78% return in 1 week
- 12.41% return in 1 month
- 34.37% return in 3 months
- 38.90% return in 1 year
The overall technical structure indicates that MBAPL remains one of the strongest momentum candidates for the coming 4β6 weeks.
The stock is showing:
| Trend Type | View |
|---|---|
| Short-term Trend | Bullish |
| Medium-term Trend | Bullish |
| Long-term Trend | Bullish |
Price Structure
MBAPL is presently:
- Trading above 20 DMA at Rs. 560.96
- Trading above 34 DMA at Rs. 550.52
- Trading above 50 DMA at Rs. 546.10
- Trading above 89 DMA at Rs. 517.00
- Trading well above 200 DMA at Rs. 461.39
- Holding above the middle Bollinger Band
- Approaching the upper Bollinger Band at Rs. 583.87
- Forming a strong higher-high and higher-low pattern
- Near an important breakout trigger around Rs. 618
Breakout Stocks for Today β Indicators Suggest
- RSI: 65.85 β Strong bullish momentum without entering extreme overbought territory.
- MACD: Positive crossover (8.88 above Signal 7.63) indicating continuation of the prevailing uptrend.
- MACD Histogram: Positive at 1.25, confirming strengthening momentum.
- ADX: 20.76 indicating a developing trend with scope for further strengthening.
- DMI: Although DMIβ is marginally above DMI+, improving momentum suggests buyers are gradually regaining control.
- Stochastic: %K 77.97 above %D 59.39 indicating sustained buying momentum.
- CCI: 139.18 reflects strong bullish participation.
- Williams %R: -9.93 indicates the stock is trading near the upper end of its recent range.
- Momentum: Positive at 65.50.
- ATR: 22.13 suggests healthy trading volatility suitable for swing traders.
π Conclusion
MBAPL continues to display a textbook bullish trend supported by strong moving averages, positive MACD, improving momentum and sustained buying interest. While short-term oscillators indicate mild overbought conditions, the broader structure remains firmly positive.
A decisive move above Rs. 618 could trigger the next momentum leg towards Rs. 643, followed by Rs. 711 over the coming weeks.
Key Intraday Levels
| Level Type | Price |
|---|---|
| Pivot Point | Rs. 575.10 |
| Immediate Support | Rs. 550.20 |
| Strong Support | Rs. 507.15 |
| Immediate Resistance | Rs. 618.15 |
| Strong Resistance | Rs. 643.05 |
| Major Breakout Zone | Rs. 618 |
Technical View
| Indicator | Observation |
|---|---|
| RSI | 65.85 (Strong bullish momentum) |
| MACD | Positive crossover |
| ADX | 20.76 (Trend strengthening) |
| Bollinger Bands | Trading above upper band indicating momentum |
| StochRSI | 100 (Momentum expansion) |
| CCI | 139.18 (Bullish territory) |
| Momentum | Positive and strengthening |
Breakout Strategy
| Scenario | Action |
|---|---|
| Above Rs. 618 | Fresh breakout rally likely |
| Sustains above Rs. 643 | Upside may extend towards Rs. 711β779 |
| Below Rs. 550 | Near-term weakness may emerge |
| Below Rs. 507 | Selling pressure may intensify |
Trading Meaning
MBAPL is exhibiting one of the strongest bullish structures among mid-cap stocks. The stock has maintained a sequence of higher highs and higher lows while consistently respecting key moving averages.
The combination of bullish price action, positive MACD, strengthening momentum, healthy ADX and sustained institutional buying suggests that the stock may continue to outperform over the next 4β6 weeks.
The Rs. 618 zone is likely to act as the next major trigger. A breakout above this level could invite fresh momentum buying from institutional as well as swing traders.
Best Strategy for Traders
- Conservative investors may wait for a decisive breakout above Rs. 618.
- Swing traders can accumulate on declines towards Rs. 580β592.
- Maintain a strict stop loss below Rs. 549.
- Consider partial profit booking near Rs. 643.
- Hold the remaining position for Rs. 710β711 if momentum remains strong.
- Watch for volume expansion during any breakout above Rs. 618.
Pro-Level Upgrade (What Big Players Do)
Professional traders typically accumulate fundamentally strong stocks that remain above all major moving averages while exhibiting improving momentum.
Smart money generally prefers to:
- Accumulate near the Pivot Point and moving-average support zones.
- Add aggressively only after a confirmed breakout above Rs. 618.
- Trail stop losses instead of booking profits too early.
- Book partial profits near resistance clusters around Rs. 643 and Rs. 711.
- Monitor delivery volumes and momentum indicators for confirmation of institutional participation.
Chanakya View
MBAPL is emerging as one of the strongest technical candidates for the next 4β6 weeks. With all major trends aligned on the bullish side, improving momentum, and price trading comfortably above every important moving average, the probability of further upside remains favourable. As long as Rs. 549 holds, every dip can be viewed as a buying opportunity, while a breakout above Rs. 618 could accelerate the next leg of the rally towards Rs. 643β711.ding and delivery-based investing.