Short Term This scrip is expected to give breakout in the coming days. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏
FORTIS trade ideas
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.
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.
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Fortis Healthcare , Head And Shoulder PatternHere one candle representing 1 hr OHLC data ,
1) Daily Support is near 232
2) Head and shoulder pattern
3) Neckline is good
We can expect an up Move from here till the next resistance zone.
FORTIS TRIPLE BOTTOM PATTERN Positional Buy Triple Bottom Pattern
Holding Period Few Week
buy Above 236
sl 220
tgt 240-245-250
Head and shoulder breakdown is on its verge below 225. Stay tuneHead and shoulder breakdown is on its verge below 225. Stay tuned
One more example of roof & floor conceptNSE:FORTIS
it is hovering between 230-300 levels
it has taken support 3 times already from 220-230 levels.
it is coming toward support level again so we should initiate buy entry here.
Expecting target should be roof or 300 level.
SL should be below the support zone, wicks are just noise so SL is below the wicks zone.
It is for those traders who take entry basis on horizontal support & resistance.
Don't forget to trade with SL.
Stay tuned
I will come up with more potential ideas with learning.
Happy trading
#Fortis cash : Looks bullish above 285.10#Fortis cash -Positional call
27 March 2022
Looks good above 285.10
Stoploss 265
Target 340/380
Cmp 276
(Not much bullish on Nifty so play small)
Flag and Pole pattern on Fortis Health Daily ChartsFortis Health forming Flag and pole pattern on daily timeframe
Note: This is only for educational purpose
Fortis HealthcareFortis HealthCare is forming channel pattern and it is at support trend line. Traders add it to wishlist.
Fortis Healthcare Downfall ExpectedAs per the trend analysis, fortis healthcare will go till 250 and chances are there that it will reversed
Buy FORTIS - Forming VCPFortis is forming the VCP near the level marked with the red line.
It is currently forming 3rd contraction and at the trendline support.
The volumes are dried along with the reduced depth of each contraction.
fortis brakout cup and handle fortis healthcare breakout chart volume and breakout both are support my personal view is cup and handle both are support
Fortis health
educational idea-
Fortis looking good for long
breakout seen with good volume
sl given in chart
Can Fortis break its all-time high?On a daily time, Fortis appears to be trading near its all-time high of 308. The stock is also creating a cup and handle pattern, and a breakthrough over resistance might lead to a strong surge.
Cup with Handle Breakout - Accumulate Positional Pick
Healthcare stocks are expected to do good in near as well as long terms.
FORTIS : Watchout for Resistance BreakoutWatchout for Resistance Breakout above 310 levels
looks good swing also
Buy at 289 TGT 302 SL 283 (1week view)Suggestions are based on my analysis only. Please do your analysis before taking any trade.
FORTIS HLTHAs we cab see there was a break down failure because there was 50 SMA acting as support. After short moves price is again at 50 SMA. We can expect bullish movement
FORTIS HEALTHCARE LOOKS GOOD BUY 289-290.50 T1 300 T2 320 SL 279-DKM SIR
buy as per your risk
we close our position when stock close below 280
i can see the upmove
