Buy Wockhardt: Sudarshan Sukhani

Sudarshan Sukhani of s2analytics.com is of the view that one can buy Wockhardt.

Sukhani told CNBC-TV18, "We picked Wockhardt at Rs 1,000 when it had already multiplied 2.5 times and from Rs 1,000 onwards it is not stopping. It had a small correction and that correction is over. It has begun its upmove again.”
He further added, “We have heard about some fundamental targets for it. Technically, the targets are not there; life time new highs are being made, just ride the upmove. Wockhardt is not just a day trade although I suspect it could give good money today. It is also a position trade.”