Bullish on Wockhardt with a target of Rs 730, SL of Rs 629: Angel Broking

Stock calls and outlook on Nifty by Sameet Chavan, Chief Analyst- Technical & Derivatives, Angel Broking:

Nifty outlook

The index continues to enjoy its Bull Run despite some in between hiccups. After the previous week’s consolidation, we had a head start on Monday by opening higher and in a couple of days, hastening beyond milestones of 11,600 and 11,700. However, traders once again chose to take some money off the table and hence, the index came off a bit from higher levels thereafter. Although, we did not see a significant move on Friday in terms of gains; it was quite encouraging because