On hourly charts the stock is giving a breakout....
- the stock has good support at 676 - 657 zone
- upper side target at 780 + in short term
Things look interesting on medium and longer term charts
Medium term
And on a longer term chart
Interestingly the stock has respected levels of measured parallel channels... :-)
Can be looked to accumulate especially on dips towards 680-660 & at current levels if it sustains above 720 odd levels for target of 1120 levels in medium term
Take care & safe trading...!!!
Trade active
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Wockhardt
Thanks to LUPIN USFDA warning news Wockhardt too drops 5%
However levels were already indicating Below 720 there is a chance for the stock to come to the 660-680 levels