Buy Wockhardt at current levels: Sandeep Wagle

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, aptartindia.com in an interview with ET Now talks about Wockhardt.

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, aptartindia.com in an interview with ET Now talks about Wockhardt.

What are your views on Wockhardt?

Yesterday it has given a very strong breakout and we have a buy in the region of 153. We have stop loss of 145 and for possibly 3 weeks, the target will be somewhere around 175. We are expecting roughly more than 10% upside, very very clear inverse head and shoulder breakout with volumes. So one can buy this stock at current levels.
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