Wockhardt looks strong, but not for long term: Deepak Mohoni

Deepak Mohoni, Director, trendwatchindia, speaks to ET Now about the outlook of Wockhardt.

What do you make of Wockhardt's chart patterns?

Wockhardt is very strong right now. It is not so great for the long term. It was, in fact, one of the underperforming pharma companies until the recent move last month probably made it the strongest performing stock, but it is all pretty much news-driven. So, while this window exists, we will see these movements, and then it would probably just settle down again.