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...
WOCKPHARMA 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...
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...
Wockhardt
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
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 !!
