getsetrade
Long

Fortis- Positional buy

NSE:FORTIS   FORTIS HLTH (INDIA
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2
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Fortis has broken out of rectangular channel in the weekly charts a few weeks back with good volumes. It is re testing the breakout levels. It is good entry at CMP 209, with SL of 199, Target 230, 250
May 18
Comment: Sl hit
I think its sell.
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getsetrade vanathi
@vanathi, At the time I uploaded the chart there was a hammer retest in daily also, plus this zone has acted as resistance a couple of times in the past so thought till the time this zone is held its a buy. Now since the zone (200- 205) is broken, it will act as resistance. Thanks.
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