Money Tree

Parsvnath Developers has been is a state of consolidation for quite some time now. It has a very strong support at 380 levels, the stock has fallen below Rs. 400 level and it should bounce back from above 380 levels.
It is a good buy at below 390 level. The markets being bearish today, the stock is expected to come down to this level. Once the stock has clearly bottomed out, it may go upto 540 levels in a short span of time.