Sell Wockhardt, says Rahul Mohindar

Rahul Mohindar of viratechindia.com told CNBC-TV18, "In Wockhardt, I think we penetrated the previous bottom, we kind of had a little recovery. So the fact that if the stock once again starts trading below Rs 1,150-1,200 mark which is certainly a possibility, I think we are going to move down to about a Rs 1,000." "I am negative on the stock and at the current level, Rs 1,350-1,400 is a spot I would probably look at going short on the stock. So, keeping a stop loss above Rs 1,400 one could be looking at downside targets more towards about Rs 1,100 to Rs 1,000. So, it is a clear opportunity on the sell side," he said.