WOCKPHARMA can be a Multibagger for next 5 YearsWOCKPHARMA can be a Multibagger for next 5 Years with Possible Target of 1700 in 5 Years
LTP - 243
Target 1 - 500 in 2 Years
Target 2 - 1700 in another 3 Years.
Target 3 - 3400+ in another 5 Years.
Based on The Monthly Chart Pattern it looks like Bottom is formed in WOCKPHARMA & "W" Pattern formation in place with Targets coming as 1700 in Long term 5/7 Years & after breakout from 1700 Levels Targets will be 3400 in another 5 Years.
so in short 10-12 Years Targets 3400+ which comes to 14 times appreciation from current Levels.
No SL required for Long term investment in Quality Instruments.
Happy Investing to my Friends & Followers.
Wockhardtbuy
Wockpharma For Swing/Positional 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 “STOMACH” book your profit. Always maintain your risk management.
Watch Carefully – The Chart Explains For Itself.
Disclaimer:
I am not a SEBI Registered Analyst. Anything posted here is my own analysis and views. This is created for educational purposes only. Always consult your Financial Advisor before taking any decision or trade.
Happy trading.
About Wockpharma (Wockhardt) –
Wockhardt Ltd. engages in the pharmaceutical business. Its products include formulations, biopharmaceuticals, nutrition products, vaccines and active pharmaceutical ingredients. The company was founded by Habil Fakhruddin Khorakiwala in 1967 and is headquartered in Mumbai, India.
WockPharma Wockhardt AnalysisWock 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 analysis how accurate they are for Swing and Intraday Trades<<
Long Wockhardt...Potential 5X CandidateWockhardt
NSE:WOCKPHARMA
Cmp - 561
Stop - 450 on DCB
Expectation -
T1 - 2200
T2 - 5000, Review at 2200
Expected Holding Period - 360 trading days or earlier for T1
View:- Investment
Disclaimer:-
Ideas being shared only for educational purpose
Please do your own research or consult your financial advisor before investing
WOCKHARDT - Looks good for swing Stock has broken the Trendline mentioned in chart and has been generating very high volumes in recent weeks. Looks good for more upside above resistance zone.
If breaks 695 convincingly then 750-800 levels can be seen soon.
P.S. Safe traders can wait for a pullback after break out !!