Sale offer - flat 20% discountBuying level incoming at/around 625 fibo 0.5 should sustain and retain for further move
WOCKPHARMA trade ideas
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 !!
WOCKHARDT 1W TFVaccine frolic can be well observed in the stock's chart. Target remains 850+
Wockhardt offers to make 2 billion Covid vaccine doses a year
Outside of India, Wockhardt already has an agreement with the UK government to “fill and finish” Covid-19 vaccines exclusively for the UK.
Source- indianexpress.com
Looks like a cup and handle breakout. Looks like a cup and handle breakout. Need a closing above 570. Targets according to patterns are till 1000. sell according to convenience
Long on wockhard pharma Wockhard pharma making rounding bottom pattern formation in weekly timeframe .
Wockhardt Pharma Buy Abv 400/- Weekly close Wockhardt Pharma Buy Abv 400/- on weekly Close with Sl 350 near Long term support on Monthly and weekly with RSI Divergence on Weekly
CLASSIC BULL CUP & HANDLE FORMATION IN WEEKLY CHART.Wock Pharma is a global pharmaceutical and biotechnology company with most of it's revenue coming from europe.
With Pharma Industry Booming Wockpharma weekly chart indicate a Classic bullish Cup & Handle Formation.
Supply Zone has been breached with good volume.
600 is in Psychological Resistance Zone.
Targets are marked in the charts as they are important fibonacci levels.
Keep an eye for these levels as weakness may occur. One can book partially and trail SL or book completely depending on your risk appetite.
P.S Education Purpose Only.
LOng for the wockhart pharma please go long for the Wockhart pharma . monthly basic it about to break the trend line
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.
Wockhardt LtdLooking very good for long term.
Keep SL 390 on Weekly closing basis
It have potential to reach 3000.
WOCK PHARMA 1D (Short term)1) trend line breakout
2) can go long after the retest happens (when price reaches around 460 to 470)
3) targets will be 530 and 560
4) stoploss 445
Wockpharma : Rocking Hard PatternBuy WOCKPHARMA Above 570
Target : 735
Sl: 500
Risk is yours and Reward is too yours
swing trade - pullbackENTRY - green lines
TARGET - the top blue line
SL - daily candle close below red line
WOCK PHARMA TradeNSE:WOCKPHARMA Levels are Mentioned in the chart... Look for Swing...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
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If Closes above 540Wockpharma can be bought for a target of 600 with a stop loss of 520.
Disclaimer:- These are my Personal views, And are For educational purpose only. Follow for more daily updates.
