Rachit_Sethia

#FORTIS CMP236 #Target254 #PMModi #ModiSpeech #Pharma #CNXPharma

Long
NSE:FORTIS   FORTIS HLTH (INDIA
Daily Chart
#FORTIS
NSE: FORTIS
Short Term Quick Profit
CMP 236
Target : 254
SL : 226
Timeframe < 30 Days
Can hold for longer time



ITS A BULL MARKET RALLY. Bullish on whole INDIA!
Corrections and then higher highs again.

Factors:
Inverted Head & Shoulder Pattern Forming
Trend Following
Rising Volume with rising Prices.
Flag pattern breakout.
Pennant Pattern Breakout with Bullish Candle.
Retest Successful.
Higher Highs & Higher Lows.
Broken above RESISTANCE levels
Trading at SUPPORT levels
Earnings are strong.
Bullish Wedge Breakout
Risk Return Ratio is healthy.
And
Rising from Double Bottom Pattern to Flag Pattern forming.

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With 💚 from Rachit Sethia

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