During the down trend all the stock makes the trendline joining the tops. This is the down trendline. I have found that Once this down trendline is broken with a good volume the stock rises and the bull phase begins.
This phenomena is seen in Parsvanath Developers. Yesterday's close above 324 have made is a good breakout case. Now for the traget we can assume 2 rising trendline from the tops. As below
We can then safely kkeep the target of 375 and 390 respectively.