Wock Pharma - Flag PatternBreakout Happened at good volumes
Pull back now on Low Volumes
Flag Pattern in Play
Best Risk Reward Area
View Negated Below 430 Areas
WOCKPHARMA
Wockhardt Pharma - Time to Buy - Target 520Stock: 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 reporting losses from 2017 to 2020 (4 years)
The company promoter has pledged 34.44% of shares. This is a red flag for the counter and needs to be watched very closely.
Please invest and trade based on your knowledge and risk profile. Do do consider this trade setup as investment advice.
WockPharma - BullishDowntrend looks complete
Return of Uptrend
Double Bottom
Resistance area broken
Can start adding at levels
View Negated below 430
WOCKPHARMA levels...04.10.2021 ( D candle)WOCKPHARMA buy trend started...soon it will reach 500+ in short term
WOCKPHARMA consolidating at its support can show big moveI will buy WOCKPHARMA because :
It has been taking support at the trend line .
It has touched the support and has not been able to break it.
So will be looking at buying opportunities.
If it breaks the support look at shorting
Entry : 450
Target : 787
Stop loss : 385
WOCKPHARMA : Daily TFTrading at support zone and trying to go up after the down move
it seems to reversal pattern. It may go up from here
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Disclaimer
I am not sebi registered analyst
My studies are Educational purpose only
Please consult with your Financial advisor before trading or investing
buy Wockpharma (Positional Idea for Long Term)Idea is only for Positional Trading
Buy Wockpharma cmp 541 Stoploss 400 Target 1000
Cup & Holder Breakout and Retest
WOCKPHARMA#WOCKPHARMA Cmp 515
515 acting as support
lets wait for the closing🤞🤞
Trade as per your conviction
Just for educational purpose.
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 wockpharmaLong wockpharma above 572 TGT 675 SL 525. Seen bullish engulfing candle at support level RSI divergence positive. This seems to be the high probability trade with low risk high reward. This is for your educational purpose only.
WockPharma Bullish on Weekly timeframeWockPharma has been bullish for some time on Weekly Timeframe after a long long time of down trend and consolidation
Wockhardt PharmaLooks like a cup and handle breakout. Need a closing above 570. Targets according to patterns are till 1000.
Journey completed from downtrend * This breakout from a long term (05 years ) down trend channel and after breakout already consolidated 1 to 2 months near its support zone . In small time frame today breakout with high volume . That gives a bullish signal .
Kindly Let us know if you have any question .
