Stock: Wockhardt Pharma
Setup : Closing above month high after downtrend and sideways movement. (Quick Bounce)
Entry : 460-480
Stoploss - 440
Target 1 - 520
Target 2 - 580
Time Frame - This is positional trade idea for 3 to 6 months and is a high risk trade.
Risk: Wockhardt Pharma is currently reporting losses since last two quarters and prior to that was reporting losses from 2017 to 2020 (4 years)
The company promoter has pledged 34.44% of shares. This is a red flag for the counter and needs to be watched very closely.
Please invest and trade based on your knowledge and risk profile. Do do consider this trade setup as investment advice.
Setup : Closing above month high after downtrend and sideways movement. (Quick Bounce)
Entry : 460-480
Stoploss - 440
Target 1 - 520
Target 2 - 580
Time Frame - This is positional trade idea for 3 to 6 months and is a high risk trade.
Risk: Wockhardt Pharma is currently reporting losses since last two quarters and prior to that was reporting losses from 2017 to 2020 (4 years)
The company promoter has pledged 34.44% of shares. This is a red flag for the counter and needs to be watched very closely.
Please invest and trade based on your knowledge and risk profile. Do do consider this trade setup as investment advice.
Dagangan aktif
Target 1 reached of 520 in 2 day.Dagangan aktif
Stoploss trailed to 480
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.