WOCKHARDT : This isn't magic, TTO saw it coming

Wockhardt (NSE:WOCKPHARMA) jumped 20% today and was frozen at the upper circuit. TTO anticipated the  move well in advance, as the scrip had bottomed out on the weekly charts and was poised for an upmove.

In the following chart ,exactly 15 days back we discussed investing in Wockhardt in our research paper "What is Triple Trend Oscillator" under Medium and Long Term Investing.  The hourly trend had moved up above the daily trend in the weekly chart thereby confirming a reversal.

Wockhardt example in our Research Paper

The following is the updated weekly chart of Wockhardt as on  April 2, 2014.