gulz

Bullish Swing trade setup on Wockhardt

Long
gulz Updated   
NSE:WOCKPHARMA   WOCKHARDT
6
Hi,

We have a nice swing trade setup on WOCKHARDT chart as it is given bullish breakout on 4 hour chart.

Ideal entry point considered near to 750 zone ( re-testing of the upper trend line ) for a target of 810+ .

Stop would be placed below 710 ( or as per risk appetite).

Risk/Reward is decent ( 1.7 times ) - Feel free to check the chart for detailed trade plans.

Trade with care,
Gulz
Comment:
Trade active:
Market given buying opportunity at our entry zone
Trade active:
Price is respecting the upper trend line & pin bar formed
Trade closed: stop reached

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