WOCKPHARMA trade ideas
2019 MONSOON "SELL"Levels mentioned in the chart.
Disclaimer: This is not a trading advise. Trade wisely.
WockPharma - Near resistance!Buy above 603 with the stop loss of 598. Targets are 608, 613 and 618. Sell below 593 with the stop loss of 598. Targets are 588, 583 and 578.
Wockpharma - Consolidating!Price is at the support now which looks strong. If it breaks 620 - 615, price will fall towards 606, 600 and 594.
Wockhard Pharma Head & Shoulder FormationHead & shoulder formation in daily chart, breakdown right shoulder with high volume
WockPharma - Consolidating!Price is consolidating within a narrow range. Sell below 630 with the stop loss of 636. Targets are 624, 618 and 612.
Wockhardt Short1. Stock does a downmove after doji on Friday
2. 50DMA at 727 will act as resistance
3. Stock not able to sustain above 200DMA on Friday
4. Death cross (50DMA below 200DMA) has formed last week
ALL the energy are wipe After giving good positive move (all pharma)
WOCKPHARMA looking week as last trading day is a "Doji" day & fib zone
Waiting for Short opportunity
Refer chart for level
Do your analysis before jump in to trading
Range bound WockpharmaThe stock seems to have established the range. Looking to short at 705 zone for a target of 670 with SL 715.
Wockhardt – Short term top ?This is strictly on intraday basis.
Wockhardt NSE:WOCKPHARMA appears to have topped out on 15 min chart around 705 levels.
I can see a negative divergence here with price coming down slowly.
Good opportunity to short if it breaks below 686 for a target around 665 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Wockhardt - Downtrend resumes ?With Pharma index failing to hold 8300 levles, looks like the pain in Pharma stocks is not yet over.
After a long downtrend, we can see that the stock price for Wockhardt NSE:WOCKPHARMA got rejected after retracing about 38.2% of the previous downmove.
I can also see that it broke the 23.6% level as well with a large bearish candle on Friday.
Good opportunity to short here with stop loss a few points above 684 for a first target around 608 levels.
Disclaimer: Views expressed here are my own, and should not be interpreted as an Investment Advice. Please consult your Financial Advisor for investments.
Wockhardt on the wyckoff zoom lensDisclaimer... not invested
not an inventing /trading recommendation
Wockphrama -Near 200 DMA and trendline supportStock getting support from 200 MA and trendline suport hold above 705 on closing we can see stock making new high
Wock pharma at trendline supportFor short term
SL Below 725 on closing basis
Target 780.
Risk: 15 rs
Reward : 40rs
