Long

Wockhardt-Bad fundamentals, Strong technicals!

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Wockhardt is an age old Indian pharma company which has been in loss since few years.
Stock has bounced from strong support and also gave inverted head & shoulders breakout.

Stock is consolidating post breakout.Not my usual technofunda pick but a very attractive technical breakout. Please know that risk is more with such ideas.

Note

820 from 590. 35% returns done

Note

T2 done as well. 995 high

chartistamey

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