WOCKHARDT MEDIUM TERM BUY OPPORTUNITY

WOCKHARDT 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.