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FORTIS

Thyrocare for 70%+ gains after correctionDate: 3 Nov’24 Symbol: THYROCARE Timeframe: Daily Apparently, Thyrocare seems to be in Wave III which could conclude around 1000. Post which Wave IV correction could come down to 840-820 levels marked as Demand Zone in the chart. And Wave V then will be heading to 1430 to 1500 levels (70%+ from 830 levels) depending on where Wave IV ends. Its all time high price is 1465. This is not a trade recommendation. Please do your own analysis. HINGLISH VERSION Jaahir taur par, Thyrocare Wave III mein lagta hai jo 1000 ke aaspaas samaapt ho sakta hai. Jiske baad Wave IV chart mein Demand Zone ke roop mein ankit 840-820 ke star tak neeche aa sakta hai. Aur Wave V tab 1430 se 1500 ke star (830 ke star se 70%+) ki taraf badh jaega, yah is baat par nirbhar karega ki Wave IV kahaan samaapt hota hai. Thyrocare ki all time high keemat 1465 hai. Yah koi trade lene ki salah nahin hai. Kripya apana vishleshan khud karein.
NSE:THYROCARELong
by DhandhaPaani
FORTIS is ready to move 17-20 % AheadHey Family, there is a one more stock Which is showing a great opportunity. Key Points:- * Formation of Ascending Triangle Pattern in Daily TF. * From June 2024 to Aug 2024 its in 80 Points range. * From June 2024 to Aug 2024 Tested & Moving Near Resistance Many times. * It's Near resistance Zone and trying to Break Resistance Zone with good volume. * Volume Accumulation (Volume is Rising). What is your view please comment it down and also boost the idea this help to motivate us. We are Certified. All views shared on this channel are my personal opinion and is shared for educational purpose and should not be considered advise of any nature.
NSE:FORTISLong
by ChartSight
6
FORTIS - Ichimoku Bullish Breakout Stock Name - Fortis Healthcare Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Turning Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at Current Market Price and more bullishness AFTER crossing 301. #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:FORTISLong
by nikunjbhadja
Intraday Trade: watch for Inside candle breakoutbuy above 282 in intraday keep qty less as stock is not very liquid For stoploss in Intraday use 5 minute chart and see nearest support. for target use 5 min chart and fibonacci pivots as i don't keep predefined target. try to book partially and trail. Note: this is not a prediction for LONG/SHORT, trade will trigger only on given level as per technical analysis NOTE: For Gapup or bo before 9:20 If gapup is more than 1% from bo level than avoid completely. if less than 1% or gives bo before 9:20 than wait for first 5 minute candle and entry above 5 minute candle and revised SL below candle Low.
NSE:FORTISLong
by stockkar
1
FORTIS - Ichimoku Bullish Breakout Stock Name - Fortis Healthcare Limited Ichimoku Cloud Setup : 1). Today's close is above the Conversion Line 2). Future Kumo is Bullish 3). Chikou span is slanting upwards All these parameters are showing bullishness at CMP and more bullishness AFTER it cross the 280. #This is not Buy and Sell recommendation to any one. This is for education purpose and a helping hand to learn trading in Market. # Cloud Trading # Ichimoku Cloud # Ichimoku Followers I hope you all like my analysis. Please do share your thoughts into comment section. Please give a like, it motivates me to do analysis.
NSE:FORTISLong
by nikunjbhadja
2
Fortis Target 300 - 350With the Strong Quarterly Results Reported by Fortis on 12 Nov 2021. Fortis will be Trending and once it breaks out 273 levels the Stock may face resistance at 281 levels then at 300-304 levels where there might be some Profit Booking. If the Stock Close Above 304 and sustains for more than a week then the Stock may see further upside till 350 - 360 levels. Resistance at 330 levels. Demand and Supply Zones drawn on the Chart. Stop Loss Can be below 224rs.
NSE:FORTISLong
by pushpitchhabra93
FORTIS - 14 Years Breakout 🔴DISCLAIMER ***** It's just for an educational purpose and so you must also follow your own technical analysis before taking up the trade ****** Aggressive traders enter at the breakout and conservative traders may give entry after retracement (Retracement is optional, we cannot expect every stock to take a retest after the breakout, it may also continue to have its bullish pressure after the breakout) After reaching our targets, trail your stop loss to get maximum profit from the stock in a single trade
NSE:FORTISLong
by PrakWorld_Traders
Fortis :: LONG Buildup Low Risk Fortis :: LONG Buildup Low Risk ------------------------------------- -- Buy at Current Levels 255 - 265 -- Initial S/L 245 for ST Traders ( 232 for LT) -- Add more when price sustains or retraces to FIB levels above.. -- Trail S/L using FIB Levels or SuperTrend indicator Reasons for increased probability:: ---------------------------------------------- -- RSI Divergence and price Gapping up near Parallel Channel Bottom. -- Price near multi-year Resistance Line,, Rewards will be good if the upcoming results are good /** Caution : Midcap Healthcare stock... Prefer allocating <10% of your capital. This is just a probability and trade only if you know about "Risk Management". Consult your financial advisor to know more about the risks associated with buying / selling shares. **/
NSE:FORTISLong
by rkvsenthil
FORTIS Chart itself break the support line and now cosolidate on that area. So if market again break the support line on upside and stay there for at least two trading session and then showing a bullish candle then you can take long position or buy it. And if you have existing position then kindly use the stop loss below the support line and if today market itself showing a red candle I mean bearish candle then kindly square off your position. if market is maintain the previous uptrend channel then it will take resistance on the resistance line, and reverse from there. so for swing trade that resistance linen will be the target. And if you want to hold for long term then use the trailing stop below the support line. I hope below picture will be helpful for this text. If you want to know more kindly let me know
NSE:FORTIS
by marketaffairs
FORTISNote: 1. Views are personal and for educational purposes only. Recheck and take the trade as per your RR. 2. Always remember SL is your lifeline, not the big target... 3. Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns... 3. Views given here is not a tip rather it is for educational purpose... Aftermarket opens, the condition might change so learn to handle different conditions... 4. To learn more about patterns, Psychology behind the trade, and price action trading... contact us... Thanks... Keep an eye ladies and gentlemen. Cheers and Happy Trading
NSE:FORTISLong
by SENSITRADE_T
FORTIS looks lood positionallyChart Structure: - Price came out of Darvas Box consolidation on 17th August. - Consolidation was happening from May to August. - After the Range breakout, the price took a little pullback. Volume & Deliveries: - During the consolidation phase, many days with positive volume activities were witnessed. - Average Deliveries were 10.79 lac shares per day before Darvas Breakout. - During breakout the average deliveries per day were 38.60 lac shares. - In total, 7 sessions during the breakout, a total of 2.70 crore shares were delivered. - Out of 2.70 crores, 41.86 lac shares were purchased by The Big Bull (Rakesh Jhunjhnwala) - During the month of July, 19 Mutual Funds have increased their Holdings in Fortis whereas 8 Mutual Funds has decreased their holdings. Relative Strength: - From 8th March, the stock started outperforming Nifty in absolute terms in 6 months TF & from Adaptive RS date 16-Feb 2021 - Since then, the stock is outperforming Nifty as well as the Midcap index. - Stock is outperforming the benchmark index and its sectoral index in 1W, 1M, 3M, 6M, 1Y & 2Y Timeframes. - First Spread chart breakout happened on 18th August & the Second Spread breakout happened today on 27th August. - With its performance in all timeframes and spread breakouts, it is established that the stock is an absolute outperformed, a Tendulkar indeed. Company's Financial Performance: - Fortis's Sales growth QoQ is 13% & 133% YoY - PBT Growth stood at 342% QoQ & 1179% YoY - PAT growth stood at 514% QoQ & 6700% YoY - Overall company has posted super Quarterly numbers. Sectoral Performance: - A breakout happened after a consolidation of 2 months in the Healthcare Index (custom) and the index rose by 19.50% from that point. Another breakout happened recently on 16th August. - Healthcare index is outperforming Nifty & the Midcap index in both short term (55) & long term (123) Other Note-worthy points: - Due to the geopolitical tensions happening due to the Afghanistan situation and due to the fear of the third wave of Covid, the institutional money has been shifting towards defensive sectors, like FMGC, Pharma etc. - In this point, Big Bull has also increased his positions in Fortis, now owning more than 5% of the company. - Due to these sectoral tailwinds and other factors, the stock is expected to perform well. Most of the above-discussed factors look positive in favor of Fortis. The stock giving favorable returns positionally is probable.
NSE:FORTISLong
by AmanSaraf
4