POSITIONAL VIEW IN #WOCKARDT BUY WOCKARDT ABOVE 653 STOP LOSS - 616 CLBS TGT - 690 710 720 ++
Wockpharma breakout happened in daily chart, and now retracing , In 15 min time frame falling wedge pattern in forming. once the falling wegde brokes it will go above
Increasing Momentum Good volumes. Can give a rapid upside move.
A multi year breakout from a Falling Wedge. The price has crossed above the Ichimoku Cloud. MACD crossover on the cards soon.
Sl as indicated Triangle breakout for long
Wockpharma is following aa tringle chart pattern and respecting support
Stock on broad wedge pattern, ideal buy area marked on the chart. Expecting target around 750 braking above it may reach even 850 and 1000 Happy Investing!
RSI is downwards on a weekly chart. There is a huge resistance in the 550-560 range. The price might keep falling fall or remain flat for next couple of weeks. Be careful before trading. As Ichimoku Cloud is in green, it will go up but before this, the price will be tested hard.
sl compulsory duration 1 day to 3 days and intraday as well
WOCKPHARMA broke 9 month level today with heavy volume. This is a strong move by stock. Do checkout for a retracement / sideways move and resumption of up move after that. These idea's are not my recommendations. Do perform your own analysis before making any trade based on this idea.
NSE:WOCKPHARMA making higher highs and higher lows and finally up 20% today. 410 is a resistance from where it has reversed twice earlier. Need to watch out if it gets broken easily or not.
can we see a new bull cycle on NSE:NIFTY NSE:WOCKPHARMA self explanatory chart with labels!
Risk reward zone SL compulsory
Wock Pharma can go up, wait for BO and restest and enter with good R:R. ** Eductional purpose only ** This is my personal view, please do ur own research before taking any investment decision. This view is negated if breaks the lower support.