raj3elite

Good bounce from strong support - Fortis

Long
NSE:FORTIS   FORTIS HLTH (INDIA
Strong support at 142 and the price got good bounce from the support, it happens many times in EOD . On here fortis looking good for short term or swing trade. Wait until to break the trend line . The levels of 155 to 165 is range formation and at present trend is not giving strength to pull up.

Trade:
Buy above - 165
Target 1 - 175
Target 2 - 185
Stoploss - 155
Comment: trade will active soon... keep eye on him...
Comment: Price touching on the buy level... may active on monday.. keep eye on him
Trade active
Trade active: 5 points bagged today and still holding for 175 / 185.
Trade active: Trailing Stop loss - 162
Trade closed manually: Trailing Stoploss - 162 hit

Comments

I think it was buy above 155 itself with a stop below 149?
Reply
raj3elite Parasuram
@Parasuram, Sir actually the levels of 155 to 165 is range formation so avoided that range. If the price broken the Range will give you big movement expected.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Referred friends Coins My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out