balaji_damo

WOCKPHARMA - Long idea

Long
balaji_damo Updated   
NSE:WOCKPHARMA   WOCKHARDT
Wockpharma is at support.

one can go long at or above 904 with SL at 880 for T1 - 916 T2 - 925 T3 - 940.

Alternatively one can go short on 880PE at 30 and 940CE at 30 together till expiry with SL as per risk appetite. This will be risky if Q3 results are nearby so trade cautiously.

Maintain strict SL to protect capital.
Trade closed: target reached:
all targets reached ...... Options trade on
Comment:
This is stock is going on frequent ban not a good one to have options positions...

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