Wockhard has been consolidation since 2013, over 10 years! But now it has given breakout on monthly chart. It's a structural change on the chart.
Needless to say, volumes look great for recent months.
CMP : 404
SL - 320
Target - 650, 750, 950 ,1200
Note: It's a monthly chart breakout. Stock can take a few months to couple of years to attain this target.
Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.
Needless to say, volumes look great for recent months.
CMP : 404
SL - 320
Target - 650, 750, 950 ,1200
Note: It's a monthly chart breakout. Stock can take a few months to couple of years to attain this target.
Disclaimer: I'm not a registered analyst. I'm only sharing my opinion on the platform for others to benefit in learning from my market understanding. Please do your due diligence before making a trade.
Comment:
Already on 490
Comment:
CMP 459. Stock may come down to 380 level if Nifty continues to be weak.
It may be meaningful to book partial profit here and join back in at recovery.
In any case accumulation at lower level will be a good idea.
It may be meaningful to book partial profit here and join back in at recovery.
In any case accumulation at lower level will be a good idea.
Comment:
CMP 461. High made 501.
Wockhard is consolidating after touching it's one of the resistances.
Long term story is still intact but the stock can come down to 380 level in the short term. In extreme case this can be as low as 360-350.
If you are thinking not so long term then exit now and reenter at 380 level.
This trade remains open though.
Wockhard is consolidating after touching it's one of the resistances.
Long term story is still intact but the stock can come down to 380 level in the short term. In extreme case this can be as low as 360-350.
If you are thinking not so long term then exit now and reenter at 380 level.
This trade remains open though.
Comment:
404 ->550 even after the fall from high of 630.
Do book partial 50% profit at least.
31% profit in 2 months.
Long term players can keep holding. But it may take longer term now.
Short/medium term player should exit.
Do book partial 50% profit at least.
31% profit in 2 months.
Long term players can keep holding. But it may take longer term now.
Short/medium term player should exit.