Medium term stock pick (3 to 4 months): WOCKHARDT
One could consider buying the stocks of Wockhardt in medium term horizons for the target of Rs.700. Because the worst is over in this counter and the stock is trying to pull back from this level. Investors keep the Stop Loss of below Rs.500 and accumulate this stock for good returns in 3 to 4 months.
52-week high of Wockhardt is Rs 2,166.05 and 52-week low is Rs 344.15 which has touched on 12 March, 2013 and 08 August, 2013, respectively.
Disclaimer: Trading involves high risk and traders are advised to trade in their own risk.
One could consider buying the stocks of Wockhardt in medium term horizons for the target of Rs.700. Because the worst is over in this counter and the stock is trying to pull back from this level. Investors keep the Stop Loss of below Rs.500 and accumulate this stock for good returns in 3 to 4 months.
52-week high of Wockhardt is Rs 2,166.05 and 52-week low is Rs 344.15 which has touched on 12 March, 2013 and 08 August, 2013, respectively.
Disclaimer: Trading involves high risk and traders are advised to trade in their own risk.
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