mohitkumarentrepreneur

BEST BUY AVAILABLE IN PHARMA STOCKS

Long
NSE:WOCKPHARMA   WOCKHARDT
According to my analysis, I see a good buy in WOCKPHARMA @482-484 in this bullish market.

Reasons:
1. Supertrend* generated a buy signal.
2. Average Directional Index is above 20** and is rising.
3. Close to 200 ema , Bounce Back Expected.
4. Near PIVOT R2, May act as support now.

Time frame: 1day, Strategy Type: Swing Trade
*Supertrend settings= 14/3
**ADX above 20 generally suggests that stock is not in sideways.
I firmly believe that WOCKPHARMA can give a 5-20% return in 10 to 15 days.
COMMENT YOUR THOUGHTS ON THIS:)

NOTE: This is my personal opinion only, not a tip or something. I am not SEBI registered, this is for educational purposes only, you may use my strategy but I will not be responsible in any way for the profit or losses if occurred.