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Friday, January 6, 2017

News and Technical levels on Workhardt




Wockhardt Surges 8% As German Regulator Clears Ankaleshwar Plant




Shares of pharmaceutical company Wockhardt surged as much as 8 per cent to hit intraday high of Rs 728 after company post the market hours on Thursday said that its Ankaleshwar manufacturing facility has been cleared Germany's drug regulator.




Technical Levels for Wockhardt



Support at 680 and Resistance at 730

Weekly close above 730 will take it to 745—770 and then to 790+ mark in days to come, else could touch its support level of 680.

Further downside panic will see on close below 680













More will update soon!!