WOCKHARDT LTDLong
Wockhardt-Bad fundamentals, Strong technicals!
Updated
Wockhardt is an age old Indian pharma company which has been in loss since few years.
Stock has bounced from strong support and also gave inverted head & shoulders breakout.
Stock is consolidating post breakout.Not my usual technofunda pick but a very attractive technical breakout. Please know that risk is more with such ideas.
Stock has bounced from strong support and also gave inverted head & shoulders breakout.
Stock is consolidating post breakout.Not my usual technofunda pick but a very attractive technical breakout. Please know that risk is more with such ideas.
Note
820 from 590. 35% returns doneNote
T2 done as well. 995 high
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