Buy Wockhardt for target of Rs 405: Aptart

MUMBAI: Sandeep Wagle, MD, APTART is of the view that Wockhardt has seen a price and volume breakout in monthly charts. He has advised traders to buy the stock for target of Rs 405.

“Buy Wockhardt in the range of Rs 370-365 with stop-loss of Rs 359 for target of Rs 405. Price and volume breakout seen in the stock,” said Wagle.

Note: Trading idea valid for time-period of 5-7 trading sessions.

The entry / exit price levels, stop-losses, targets as well as the time frames are indicative and viewers should use their discretion in implementing the same.