Wockhardt is stock: Ashwani Gujral
"Wockhardt is a difficult stock to trade. It used to be in this range of about 310. On the upside maybe say 460. It was down from that range, now has re-entered in that range, so fairly volatile."
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| Updated: Ashwani Gujral, Fund Manager, Ashwanigujral.com, in a chat with ET NOW talks about Wockhardt stock.
Wockhardt or any of the fertiliser stocks, how do you like the charts?
Wockhardt is a difficult stock to trade. It used to be in this range of about 310. On the upside maybe say 460. It was down from that range, now has re-entered in that range, so fairly volatile. When it breaks, it breaks 50%. When it went up, it went up 30%, so it is an avoidable stock and probably unclear. Depending on news flow, it could go either way, so I would avoid a Wockhardt.
Wockhardt or any of the fertiliser stocks, how do you like the charts?
Wockhardt is a difficult stock to trade. It used to be in this range of about 310. On the upside maybe say 460. It was down from that range, now has re-entered in that range, so fairly volatile. When it breaks, it breaks 50%. When it went up, it went up 30%, so it is an avoidable stock and probably unclear. Depending on news flow, it could go either way, so I would avoid a Wockhardt.
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