WOCKPHARMA trade ideas
Buy WOCKHARDT For 241 243 260 276 280 292 SL 199 (TF 2 Month)Buy WOCKHARDT For
241 243 260 276 280
292 314 316 330 343
SL 199
WOCKHARDT MEDIUM TERM BUY OPPORTUNITYWOCKHARDT STOCK IS FORMING POTENTIAL HEAD AND SHOULDERS PATTERN ON H-1 CHART. HEAD AND SHOULDERS FORMATION IS A REVERSAL SIGNAL. STOCK HAS FORMED THAT REVERSAL SIGNAL RIGHT AT THE BOTTOM AROUND MULTI YEAR LOW PRICE.
BUY ENTRY: INR 175-165
STOP LOSS: INR 146
TARGET-1: INR 210
TARGET-2: INR 227
HOLDING PERIOD: AROUND 4-6 WEEKS.
retest?one of the best way to execute harmonics is to combine the trendline and support&resistance in your existing ratio
522 Wk review. price at risk reward zoneSl 315. target is tsl with each 2 to 5% increase from entry for long term investment.
207.PA tredline breakoutMany times Market does not provides good and ideal entry points. Hence needs PITS for your entries and exists (Profit taking point 1 (PT1 or PT2) or Stop loss points (SL)).
Disclaimer: Set-up shown here is only for Educational purpose only; This is not a sell or buy recommendation. We are not responsible for any loss or gain; Consult your financial advisor before your execution of any recommended trade.
Set-up presented here is for observational purpose only and most of the set-up designed by WavoZen is based on passive analysis (PA) or static analysis for intraday purpose only to get the basic structure for intra-day short term or ultra-short term purpose only. Most of the set-up is valid for a day or otherwise mentioned. Hence requires your fine tuned personalized intraday techniques and strategies (PITS) based on real-time Active Analysis (AA) to get benefit from these structures or to have minimum loss, if wrong through your PIT Strategies (your trade plan). Overnight events, news, major economic data release etc may impact the deviation from the assumed scenarios.
Wockhardt - LONG -educational Buy Wockhardt @CMP SL 390 Tgt 425
Stock consolidating at lower levels....
Stockhastics and RSI showing positive divergence
WOCKPHARMA-On the verge of break out 458, Forms cup and handleWOCKPHARMA-On the verge of break out 458, Forms cup and handle
BUY WOCKHARD @ 533 Target 2% to 3 % from Buying Level SL 527.5BUY WOCKHARD @ 533 Target 2% to 3 % from Buying Level SL 527.5
BUY WOCKHARD @ 533 Target 2% to 3 % from Buying Level SL 527.5 BUY WOCKHARD @ 533 Target 2% to 3 % from Buying Level SL 527.5 ( Max 2 days)
WOCKHARDT clears 736 :-) Market bottomed out last time around 520 and this time around ~ 720. During the recent fall RSI bottomed out and this is the first swing high. Market tested 736 multiple times and moves higher. So took a small position at 790 with 736 as stop. Will average down the buy until 750 as market allows to reduce the risk.
Wockhardt Weak @650Wockhardt has been testing the resistance of 650 and giving up. Thrice post the jump from 25-05-17 it has retraced from this level. 15-06-2017, 20-07-2017, 13-09-2017
Taking 565 as a safe target
Sell Wokchardt for Target 550Wockhardt seems to be hitting the same wall again and again. It has started flagging week signs this time again
