Hold Wockhardt, says Vishal Malkan

Vishal Malkan of malkansview.com told CNBC-TV18, "Whenever you are making money, the thumb rule is to put a trailing stoploss rather than exiting prematurely. So, I would say a trailing stoploss on Wockhardt right now would be around Rs 1,450-1,500 which is a good support right now and we can see the levels of Rs 2,100 in the near future, which is an all time high and once it goes past that we can see another 20 percent jump on that. So, definitely a hold with the trailing stoploss of Rs 1,450."

At 14:57 hrs Wockhardt was quoting at Rs 1,697, down Rs 10.80, or 0.63 percent on the BSE.