I will look at buying FORTIS because : It has broken the Resistance. Its back to its resistance and we can see big move upwards soon Entry : 232 Target : 300+ Stop loss : 211
It can become extremely bearish below 275.First target can be 265
Chart 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...
fortis chart analysis for intraday and swing trading
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...
Purely consolidate in upmoving channel since IPO listed on exchange And now trying to break upper edge of channel. If closed above 260 levels in month closing then try to buy small qty, volume decreases in recent days that's why i recommend small qty if stock corrects and we gets price near 220-230 level then add more qty for longterm basis. Tgts open
Fortis has given a breakout after a rounding bottom and broken the resistance from May 2017. This is a bullish pattern. Please note, this is not a recommendation and only an analysis.
Fortis Health NSE:FORTIS Cmp - 242 Stop - 285 on DCB Expectation - T1 - 200 T2 - Wait, Review at 200 Expected Holding Period - 100 trading days or earlier for T1 View:- Positional Exit Disclaimer:- Ideas being shared only for educational purpose Please do your own research or consult your financial advisor before investing
Daily Chart #LALPATHLABS NSE: LALPATHLABS Short Term Quick Profit CMP 2968. Target: 3400 SL : 2836 Timeframe < 45 Days Cand hold for longer time RALLY COMING SOON ON THIS ONE ITS A BULL MARKET RALLY. Bullish on whole INDIA! Corrections followed by another high! Factors: Inverted Head & Shoulder Pattern Forming Trend Following Rising Volume with rising...
LONG TERM BREAKOUT AFTER 2017. A GOOD POSITION TO BUY THIS STOCK. FURTHER RALLY IN PHARMA SECTOR SHOULD HELP WITH THE RUN.
FORTIS (D):- 241 CMP, LOOKS GOOD FOR MORE UPSIDE:) 1) Daily Breakout :) 2) Volume Spurts
Good Structure observed in Indramedco For movement play buy above 96 SL below 65 Target 112-121 good support near 75-72 volumes picking up in uptrend and dry up in consolidation Fundamentals:-- Market Cap-- ₹ 809 Cr. ROCE-- 20.5 % ROE-- 17.4 % Company is almost debt free Mcap FF (Cr.)--- 395.97 Please maintain SL closing basis as this is small cap stock Risk...
Looking for good breakout above 235 level! Supported by good volumes
Fortis Healthcare stock given a bullish multiyear breakout above 220 & sustained above 220 and presently trading at 233 levels. The stock is expected to give multifold return in coming years with the new management in action since 2019 and now we can see the outperformance in this stock. So one can think of adding this stocks in their portfolio, stop loss to be...
Daily Chart Pattern Share at Close Crossing 52 Week High Positive Volume Buildup Operating Profit at all time high PROS Company has reduced debt. CONS Stock is trading at 2.55 times its book value Company has low interest coverage ratio. The company has delivered a poor sales growth of 3.16% over past five years. Company has a low return on equity of -1.77%...
Buy Fortis Health Stoploss 177 Target 199 Study: Traingle Breakout
Fortis is yet again playing out its 5-year cycle. A look at the left-hand chart which is the monthly time frame, clearly shows this cyclicality of 5years. It has been a long-term under-performer and is now dealing with some serious resistances. Last session we had a fine high-volume breakout which should continue further up unless the short-term supports of 160 is...
buy above 182 on close of 15 minute candle or buy around 170 level if takes support around bo level target 200, 220