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Wednesday, January 1, 2014

Wockhardt abv 448...what next??? Heading Higher as long it holds 460/448!!!

Wockhardt since recommended on 16th Dec has delivered return of 36% as of today on a risk of just nothing. Currently around 462 when this message posted. On 30th Dec it closed above the given resistance level of 448 and since then it has again started moving up.

Above 448/460 it could inch further higher upto tgt1@ 488, tgt2@ 525, tgt3@ 600/650...step by step.

These targets can be seen if Wockhardt manages to holds 460/448 level on the downside.

I have given an idea on wockhardt...so trade accordingly.

1 comment:

  1. As its a delivery call I would like to see it close below 448 on closing basis then only I close off my long trade. If one is uncomfortable with intraday movement below 448 then one is free to close the trade.

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