Long term Pickup StockParsvnath Developers looks good Monthly time frame and stock looks good momentum for long term trend. Buy @ 19 target should be 38+ stoploss 13
PARSVNATH trade ideas
Parsvanath Developers - forming potential Cup & HandleRecent Fall in Midcaps seems to be a good opportunity especially for real estate sector and the recent quarter results happened to be really good.
One can plan to take small qty at around 11 with stop loss of 9 and
gradually increase your allocation till 15 for potential targets of 17/20/27.
Once it crosses 27, SKY is the Limit.
Don't exceed your position size as the risks still look high.
Parsvanath Developers - Making new highs. Target and Stop loss plotted on the chart. There are no fundamental triggers that can be interpreted while publishing the chart. The company has been in consistent losses, so please remain cautious on such stocks and don't place more than 1% of your capital on to this stock.
Swing Trade - Long Opportunity ParsvnathCup and handle Pattern on weekly charts
Breakout and retest with good volumes
long term consolidation
CMP - 26
SL - 22
Tgt - 31/33
Pls follow proper risk management
Wide U shape recovery in ParsvnathWide U shape recovery in Parsvnath
Detailed analysis given on the chart
NSE:PARSVNATH
Investment Pick - ParsvnathParsvnath is another real estate pick, looks attractive on chart.
Buy near yellow marked support area, for target of 35, 60 and 80.
parsvnath developers looks bullish in medium term to long termin weekly - price broke the trend line resistance convincingly with high volume. also BB is expanding
in monthly - price reversed from long term support zone, and moving up.
with a sl - 12 1st tgt - 36, 2nd tgt - 43.
