Nov 30, 2016 03:22 PM IST | Source: CNBC-TV18

Exit Wockhardt on rally: Sandeep Wagle

Sandeep Wagle, Founder & CEO at powermywealth.com advises exiting Wockhardt on rally.

Sandeep Wagle, Founder & CEO at powermywealth.com told CNBC-TV18, "Whatever you are saying is reflected in the prices and we are seeing a lower top, lower bottom formation in Wockhardt. I would recommend an exit. Maybe on a rise in the range of Rs 730-760 that is the utmost I can see, Rs 780 is a very strong resistance. I don’t see that being crossed."

At 15:04 hrs Wockhardt was quoting at Rs 702.05, up Rs 7.40, or 1.07 percent on the BSE.

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