RECOMMENDATION UPDATE: given on 06-june-2017
JUBLFOOD almost hit tgt 965 made low of 964.9
toatal profit 13900
BUY WOCKPHARMA AT 650
TGT 665 SL 620
FOR LIVE MARKET CALLS FILL UP THE FORM GIVEN HERE>>>>>
Wockpharma is looking weak on
charts however it is accumulating above its major support level 600 and
recently has given breakout of its previous major resistance level 640, now it
has next resistance at the level of 650; it is likely to experience fresh
buying with the crossing of mentioned level, where one may keep the targets of
665,700 in the stock with the stop loss of 620. Overall trend of the stock is
bullish and after experiencing correction from the higher level. as it is
managing to sustain ABOVE its 22& 55 days moving averages with the
RSI of 43. it is likely to show correction with the breach of the support level
of 520, where one may initiate the short position in it for the targets of 500,480
while stop loss can be placed at 650.200 EMA seen as a strong resistance
level at 760.
DAILY CHART FOR WOCKPHARMA
No comments:
Post a Comment