Sector rotation in the works, metal is going to be cooled, healthcare to start moving up. money flowing into healthcare names.
Which platform to screen for relative performance of a stock to its sector? Any screeners available for finding leadership in a sector. TIA/
Daily Chart Pattern
Share at Close Crossing 52 Week High
Positive Volume Buildup
Operating Profit at all time high
Company has reduced debt.
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%...
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 has given a break-out already. im a bit late in spotting it, but nevertheless still didnt miss the bus. Well look at the MACD beautifully crossover ; RSI at comfortable zone still has some steam left. CMP 204; stop 175; Target 235/250.( 1.5/2 months)