15-Minutes Built Up Screen
Wockhardt: Analysis of news alert and 15-minutes built-up screen
Wockhardt was in action on Monday after the drug maker said the US health regulator agreed to abridged clinical trials for antibiotic being developed by the company. Wockhardt recorded a jump of 6.46 percent in share price on Monday.
The company is developing superdrug antibiotic WCK 5222. The drug is expected to be a life-saving therapy for serious hospital acquired infections. The aforesaid US FDA approval will help Wockhardt to speed up phase III clinical trials for the drug.
15-Minutes Built-up screen: Why day traders should use it?
To spot opportunities in the today’s fast-paced stock markets, day traders need access to advanced trading tools such as 15-minutes built up screen. It detects intra-day bullish/ bearish trend for a stock or an index futures by monitoring open interest (OI), price and volume every 15-minutes. By using 15-minutes built up screen, traders can identify where the short or long positions are created in real-time. It can help traders to make timely entry and exit from long or short positions.
