Fundamentally very good company. After 3 year consolidation fortis attempting new breakout around 170 levels. First target between 200-210 levels. Sl will update once breakout happend.
BUY on 15 Dec Hold for 2-3 days (can give a breakout) Safe Target - 2% T2- 4% Then trail your stop loss for further profit
Let's wait for the BO level @ 135 of fortis healthcare. this is very major resist. level for the stock . once broken we can see the level of 140 in the stock. Now can see stock is in bullish mode. for quite some time this stock in sideways but will take entry after the clean BO in the stock. Always do trading as per your Reward to Risk ratio means Never risk more...
FORTIS HEALTHCARE (Fortis Healthcare Ltd) BUY ABOVE 122
FORTIS (Fortis Healthcare Ltd) #SELL BELOW 134
1) Likely to breakout of triangle pattern as low volume on retracement 2) Navi mumbai hospital which was loss making and eating away profits has now become ebitda positive, likely to boost profitability in near quarters 3) Fortis IHH deal will rerate the healthcare industry 4) RSI above 60 though fallen due to consolidation
Ascending Triangle On fortis . Also bullish MACD on 1 day t/f . Good opportunity for a brisk profit after breakout .
Based on my PredictiveSystem's signals, its going to be a GREEN candle on 31-May-2018 for FORTIS Buy Above: 146 for targets - T1: 147.1 T2: 147.8 T3: 148.4 SL: 144.8 Note: These calls are based on my own analysis. It may or may not work well for you.So please carefully consider whether it is suitable for you and please do your own research before attempting...
BSE:FORTIS is trading at strong support zone, if NSE:FORTIS breaks the support, it can see 120 levels in near term, else bouncing back from the support can lead NSE:FORTIS to 160 levels. However before investing in the company, Please note that statutory auditor has issued red flag with regard to sufficient and appropriate evidence, so staying away from it...
Fortis 200 SMA and Strong Support around 150 Any bounce back can be a buy ...........
FORTIS has been moving in a down channel for a while.Taking support at the green level lately. Broke down and back on retesting the green level again. Awaiting a breakout or reversal. Probably depending on the nifty's direction.
Buy Fortis above 160 For 166-172-175 targets 175 is an important resistance thus it may turn once it reaches that point. Happy Trading
FORTIS_ has been testing the brown level for a coupe of months now. making arcs. its back in th testing zone, waiting for a reversal or a breakout.
Fortis bounceback from support levels of 150. Can go long.
Strong support at 142 and the price got good bounce from the support, it happens many times in EOD. On here fortis looking good for short term or swing trade. Wait until to break the trend line. The levels of 155 to 165 is range formation and at present trend is not giving strength to pull up. Trade: Buy above - 165 Target 1 - 175 Target 2 - 185 Stoploss - 155