Wockhardt - Bullish Alignment

Wockhardt  is up 9% today at Rs. 707 at the time of writing this post. The stock has developed a healthy synchronised bullish alignment, which is pushing the stock up. The stock is likely to move up rapidly to achieve higher targets in near future.

We had in our earlier post dated   April 2nd,2014  titled WOCKHARDT: This isn't Magic, TTO saw it coming   and even  earlier    predicted Wockhardt as a good investment candidate for medium and long term. The stock had corrected from its highs of Rs. 2000 to Rs. 352 and a new upmove was in the offing. The stock is poised to retest the old highs of 2013.