Buy Biocon

Buy Biocon, Wockhardt in pharma space: Sandeep Wagle, APTART Technical Advisory Services

Sandeep Wagle, Founder & MD, APTART Technical Advisory Services, (Technical Check) in a chat with ET Now talks about pharma space. 

If you could just tell us your thoughts on the pharma space, any outperformers that you come away with from there? 

I would take a very stock specific view as far as pharma is concerned. I am liking Biocon. I am liking Wockhardt. Wockhardt obviously at lower levels I was liking, I would wait for a correction to 250 but I am seeing a big move in both of these stocks. I am not seeing that clarity in Dr Reddy’s or a Cipla, so you cannot talk of the pharma space as a whole. I would rather take a stock specific view and these are the two stocks I would talk of. Over the next two or three months, they can give you a 20-30% upside.

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