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.
Wockpharma (Wockhardt) Prediction for Swing/ Posional Trading Breakout at entry 1 (254) level. Entry 2 is above 270 .It can retest entry 2 level , even entry 1 level. You can enter into trade at CMP or after retest. Sls- according to you RRR. Targets- 280,292,303,314,325,335,346,358,370,382,… (more will be updated later if need ) According to your...
With a visible Bullish Flag pattern breakout, the stock appears strong, and is geared for an upleg journey towards the initial target of 740. Follow strict stop loss of 5-8% in case of trade going wrong. Also, be cautious below 404 as it may signal a downtrend. Note: Not a buy/sell recommendation. Consult your financial advisor.
Introduction: Shalby Limited (NSE: SHALBY) and Stock Exchange Information (BSE: 540797) is India’s leading multi-specialty hospital operating a chain of 11 tertiary hospitals with an aggregate bed capacity of over 2,000 hospital beds. It is one of the top hospitals in joint replacement surgery in India. Shalby is the number one player worldwide for knee...
A probable Inverted Head & Shoulder Chart Pattern Breakout will happen on the weekly Time frame of NSE:WOCKPHARMA Price Action nees to be supported by volume. The stock is currently in uptrend making higher highs and higher lows. One can add this stock into their stocks to buy list. Initiate the long trade only after successful breakout...
Wockhardt is a global pharmaceutical and biotechnology organization engaged in manufacturing finished dosage formulations, injectables, biopharmaceuticals, orals and topicals (creams and ointments)vaccines in India, the United States, Europe, and internationally. The company offers generic products comprising injectables, such as cephalosporins and...
From past one year stock was trading in a channel and finally it has managed to close above this channel. Breakout happened on 19th Aug, today price have closed above breakout candle indicating a strong upside momentum in the stock. Price level of 270-260 should act as immediate support. All possible targets are marked on the chart. Ideal Stop loss can be at...
Wockhardt or Wockpharma seems to have completed its WXYXZ in Wave 2 and now it should show a up move in Daily Time frame in the form of 3rd wave. In our previous analysis we assumed it should come beyond 270-280 level from near to 500 level. It did. Now let's see what happens in the upcoming weeks to come. P.S- The count will be valid till Wave 1 starting...
A Bullish reversal sign seen on the Daily chart of WOCKPHARMA. A divergence in RSI and Price along with Trend Breakout suggest some more upside. Strict Stop Loss at 211.00 with Target around 280.00 plus. Analysis lines drawn on chart
#WOCKHARDT at good support. Need to wait and watch. Around 450 could be a good point to start. #only for educational purpose only..
As per the 2 Hour Chart of WOCKHARDT LIMITED, we have witnessed a Beautiful Formation of “Morning Star” on the chart. Therefore, we are expecting a bullish momentum in WOCKPHARMA in the upcoming trading sessions. Wherein it is being expected to face a resistance initially at around the levels of 435.3, 440.3, and 450.75. Whereas, on the other hand, on the...
Triangle pattern in Wockhardt Limited. wait for the breakout with high volume
Stock: Wockhardt Pharma Setup : Closing above month high after downtrend and sideways movement. (Quick Bounce) Entry : 460-480 Stoploss - 440 Target 1 - 520 Target 2 - 580 Time Frame - This is positional trade idea for 3 to 6 months and is a high risk trade. Risk: Wockhardt Pharma is currently reporting losses since last two quarters and prior to that was...
Idea is only for Positional Trading Buy Wockpharma cmp 541 Stoploss 400 Target 1000 Cup & Holder Breakout and Retest
Bullish flag breakout with volume spike in Wockhardt Ltd
#WOCKPHARMA Cmp 515 515 acting as support lets wait for the closing🤞🤞 Trade as per your conviction Just for educational purpose.
Wock Pharma Trendine Break with good volume and making Higher highs in 30 min Time frame Buy Above : 580 (Or) if it comes for retest then Buy @ 562 levels SL : 555 Tgt: 613 *Always Enter With good confirmation & Maintain proper Risk Reward. ******* Knowledge Purpose only ******** >> Visit My Ideas Page for Daily Stock Analysis & check my previous stock...