Wockhardt may test Rs 995, says Krish Subramanyam

Krish Subramanyam of Altamount Capital told CNBC-TV18, "We have seen some selling pressure coming about inWockhardt. We did see some short built up yesterday and it has also breached some intermediate lows. So, our near-term target probably could be kept at around Rs 995 and it is currently trading at around Rs 1026. We are also keeping a modest stop loss of Rs 1,046."At 12:06 hrs Wockhardt was quoting at Rs 1,034.00, up Rs 12.55, or 1.23 percent. It has touched an intraday high of Rs 1,035.70 and an intraday low of Rs 1,007.00.