Tringle pattern breakout @wockpharmaWockpharma given breakout from tringle pattern after a long downtrend from the year 2013.
WOCKPHARMA trade ideas
wockhardt chart analysiswockhardt chart analysis on daily time frame. It looks like a resistance breakout but safe traders can wait for a retest. Please share your valuable feedback
#WOCKPHARMA#WOCKPHARMA:
1) Up trend paused and created a base, Price approaching break out region.
2) High Relative strength Vs #CNX500
3) From leading sector - Pharma
4) Consolidating near break out region.
5) Decent Fundamentals
6) promotor / FII holding increased slightly
7) Good candidate for swing trade
WOCKPHARMA | Price can be touch 1840 I'm considering WOCKPHARMA as seems like a promising opportunity.
Disclaimer:
This is not financial advice. Please do your own research or consult with a financial advisor before making any investment decisions. Investments in stocks can be risky and may result in loss of capital.
Bottom round reversal..now consolidating near resistance level..Good trade set up.. possibility of BO in Wockpharma in weekly chart
WOCKART..Broke out upthis one broke out on good volumes...tgt calculated based on parallel pattern break...Also makes sense as mkts may correct shifting focus to defensive stocks
Wockhardt moved above the downward sloping trend lineWockhardt moved above the downward sloping trend line. RSI reading is strong. Can be interesting when the price comes down for testing the breakout
Pennant on WOCKPHARMAWOCKPHARMA formed a Pennant formation on daily chart. Multiple support and resistance were tested and price broke out of resistance. Price also successfully tested it and bounced back. Volume was above average on the day of breakout. Looking at the way of bullish formation on this stock, I believe it has got good potential. Stop loss can be held just below the swing with target the width of the pendent. Entry can be just above the breakout candle.
Hope you like this idea. If you like, please boost this idea or leave a comment below on what you think. Otherwise, happy trading :-).
Bullish on WOCKPHARMA Bullish view on wochpharma
Buy above 516
SL 488
Target 630+
Disclaimer -We are not responsible for your profit and loss it's only for education purpose analysis.do your analysis before invest
SWING BREAKOUT STOCKNSE:WOCKPHARMA
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Flag breakout in wockhardt pharma on a weekly time frameFlag breakout in wockhardt pharma on a weekly time frame
target is 710-720
sl 412
Monthly pattern breakout in WorkpharmaIt's in triable pattern and it is about to break . We can see 1-2 candles retrace and then it can fire.
WOCKPHARMA- 9 years old Trend line breakoutWOCKPHARMA is giving 9 years old Trend Line breakout, one can take a short term position for a target of 700.
WOCKPHARMA Weekly Timeframe Analysis for long term
NSE:WOCKPHARMA has taken strong bounce from NSE listed price level zone.
We can see long term move above 513 & can buy in 443 with SL 373.
Major targets levels are highlighted in blue lines.
Weekly:
Monthly:
💥Wockhardt Pharma💥-Nice Breakout💥Wockhardt Pharma💥-Nice Breakout
Capital to be deployed- 20k
Investing Price-355-365
Breakout Price-343
Stoploss-243
Targets-465-600-823
RT for max reach
#wockhardt #stockstowatch #StocksToBuy #StocksInFocus #stocks #StockMarket
BreakoutBreakout from 19 month long Trend line resistance range.
Cup And Handle formation.
Immediate support 221 to 225
immediate Resistance 317 to 320
Getting ready for big move.
WOCKART..BuyGave a head and shoulders pattern..AND also into new territory...Tgt is 400 as per HS pattern calculation..SO BUY>..
Wookpharma on a weekly timeframe Wook pharma on weekly timeframe give strong breakout of bullflag pattern
Next target @400
Wockpharma W/M good demand ZoneWockpharma seems to be bounce from Good demand Zone.
Only RSI not supporting the bounce
still small Risk management can go long for Very good upside.
134 145 good range to Enter with stop 130 Can we see 👀 upside 10/25/50% upside 😀
Next demand Zone 98 104 Last Major will be 60 68
WOCKPHARMA WOCKPHARMA has completed a long term correction cycle and now could be a good buy with targets above 2,000 in the long term. The invalidation for this analysis remains at 135.20 (marked level).
wockpharma monthly support this stock having good monthly support so buy cmp hit will reach 600 on longterm inversment
Pharma pick - 1 (2023)After a needed correction in almost all pharma stocks now seems ready for a good upmove from here..
Keeping aside the company buisness and finance but the technical analysis (chart) seems to be buy from here as :
Will add only 2/5 total investment and will further add on depending on stock performance
Script: Wockpharma
Cmp 172
TGT 300+
Time period: 12-15 months
Stop loss below 135
Later on sl can be trailed further
Note : This is my personal view and not any recommendation to buy or sell the stock mentioned here it's just for educational purpose.
