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GoodluckCapital
Apr 29, 2020 10:17 AM

Position: Long Fortis Healthcare at ₹ 116.10 Long

FORTIS HLTH (INDIANSE

Description

Ultra Trading Advice
Buy Fortis Healthcare [symbol= "NSE: FORTIS"](NSE: FORTIS)

Trading Idea
  • CP# - 117.5
  • Buy Range - 114 - 117
  • Target - 130 - 132
  • StopLoss* - 110
  • Duration 12-15 trading days
  • Potential Return^ 13% - 14%
  • Risk : Reward = 1/3


# Closing price on Apr 28, 2020.
* Maintain recommended StopLoss by daily closing basis.
Once 1st target hit, reset StopLoss at 124.
^ Potential returns are calculated based on the median of buy range.

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Ultra Investment Advice
Investment Idea

  • CP# - 117.5
  • Buy Range - 114 - 117
  • Target - 170 - 175
  • Duration- 14-18 months
  • Potential Return^ 47% - 52%


# Closing price on Apr 28, 2020.
^ Potential returns are calculated based on the median of buy range.

Recommendation Timestamp

Trade active

Entered Long Position at ₹ 116.10

Trade closed: target reached

🎯 Investment Target hit - 175 (Jan 08, 2021)
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