Parsvnath,
a real estate stock looking good on chart. All real estate stocks
showing sign of revival and life. HDIL, Ansal infra and Indiabulls real
estate trading today with strong gain and very soon Parsvnath shall
catch them. Buy on decline on support for immediate target of Rs.65.
Interest rates have peaked out and from here we may see softening of interest rates. The huge land reserve around capital city Delhi is the biggest trigger for the stock. This is a good turnaround story and buying stock on dip at support level shall turn out to be a good investment strategy.
ReplyDeleteBefore result on Feb.13 the stock may test its 65 levels. So buying on dip on support may deliver good short term return.
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