Wockpharma : Continued rebound in the short-term

• On the daily time frame, it has been consolidating in a range of 50 points over the past few days.
• On Tuesday, buying emerged near the 20-day EMA and it ended in a bullish candlestick , suggesting positive bias ahead.
• The stock rise was accompanied by surge in volumes.
• Daily technical studies are positively poised.
• Bias would remain positive until it closes above 935.
• One can consider buying at 1028-990 for the possible test of 1060 &1170.