innovtrader
Short

Possible short for Intraday/short-term position sell

NSE:WOCKPHARMA   WOCKHARDT
Multiple reasons:

1) At the downtrend support in 4H chart
2) 4H 200-MA resistance
3) CNXPHARMA shooting star formation on Previous day

Still in my analysis, I haven't figured out how to determine the target. I am sorry for that.

Declaration: please trade at your own risk. Like other traders, I too had a phase when I lost money by blindly following other's ideas.
Do your own research to justify your investment. It's even ok to lose money based on your idea rather than other's idea.

All the best!
Apr 01
Trade active
Apr 01
Comment: Except SUNPHARMA, other PHARMA stocks are down today (LUPIN, AUROPHARMA, WOCKPHARMA).
Apr 01
Trade closed: target reached: Just had a small 4 Rs. target from 456.xx to 451.xx
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