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Wockhardt

Discussion in 'Technical Analysis' started by sanjay_sansanwal, Aug 6, 2012.

  1. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    wockhard is making higher high higher bottom from 9th jan 296 to 1056.
    Can we buy @ cmp with stoploss of 900.
     
  2. shabbir

    shabbir Administrator Staff Member

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    Technically we can but need to also know the reason for such a big move as well.

    It has to be some really good results and if they aren't I would avoid this stock.
     
  3. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Yeah good results are there.
     
  4. shabbir

    shabbir Administrator Staff Member

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    Price speaks for everything and so you can be more sure about the runups and technicals
     
  5. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Wock pharma is rocking yesterday I bought it @1074 and today it is @ 1112
     
  6. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Wock is on rock @1132
     
  7. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Wockhard is ama:eek:zing.
     
  8. shabbir

    shabbir Administrator Staff Member

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    Couldn't agree more.
     
  9. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    U mean to say I book the profit.
    I bought @ 1074 on 7/8/12 and my target is 1250.
    current price is 1186.
     
  10. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Need ur views today it touched 1200.
     
  11. shabbir

    shabbir Administrator Staff Member

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    Follow the trailing stop loss.
     
  12. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    I am following that when I bought my stop loss was 900 and now it 1100 above my purchase price.
     
  13. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Wock pharma is rocking from last few day and it is near to my 1st target @ 1250.
     
  14. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Book 50% on 1st target @ 1250
     
  15. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Look at wock it is just climbing on rocks.
     
  16. m_padmakumar

    m_padmakumar Member

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    Wockhardt has formed W pattern. Can we buy @1230 level with stop loss of 1104?

    Thanks
     
  17. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Where is W pattern?
    can u send screen shot.
     
  18. m_padmakumar

    m_padmakumar Member

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    Screen shot attached.

    Thanks
     

    Attached Files:

  19. m_padmakumar

    m_padmakumar Member

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    Sorry Sanjay. It's a mistake. I think it should cross 1324 for clear W pattern. Am I right?

    Thanks
     
  20. sanjay_sansanwal

    sanjay_sansanwal Contributor

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    Sorry no W pattern but 1100 has shown support cause it is reverse from 1103 and my stoploss is also 1100.