FORTIS trade ideas
FORTIS Inside Bar Tradesell on the break of PDL with a stop loss at PDH
buy on the break of PDH with a stop loss at PDL
Fortis Health Care , Trying to Exit the Triangle Fortis is trading in a Triangle Pattern. Now trying to break out by taking support .
Fortis Triangle Breakout Expected Ascending Triangle On fortis . Also bullish MACD on 1 day t/f . Good opportunity for a brisk profit after breakout .
My PredictiveEngine's Intraday call(31-May-18)-FORTIS-LongBased 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 any. The profit/loss made by you due to this call, is solely your own responsibility. Thanks, All the best. Happy Trading. :-)
Fortis -WeeklyTaking support on multiyear trendline with Volumes spiking in last few weeks..
Can this be a Scrip have the making of a Multibagger for someone who is willing to to buy and hold for months/ years to come..
LONG FORTIS I hope you can now see how FORTIS CHART Pattern represents an excellent low risk profit entry setup allowing you to trade. Hence the low risk profit entry setup. You will also have seen with the correct price and time analysis you can determine your entry and exit with high levels of accuracy ensuring the risk/reward is always in your favour..
Thanks for reading ,Good Luck , Happy trading!
Disclaimer: It should not be assumed that the methods, techniques, or indicators presented in these CHART will be profitable or that they will not result in losses. There is no assurance that the strategies and methods presented will be successful for you. Past results are not necessarily indicative of future results. You should not trade with money that you cannot afford to lose. Examples presented in these CHART are for educational purposes only and it should not be assumed that these are indicative of ordinary trades. These setups are not solicitations of any order to buy or sell. Unlock Financial has no responsibility for your trading results. There is a high degree of risk in trading.
Do Fortis A Buy ?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 would be best option, till green flag has been given by auditor.
FORTIS ChannelFORTIS 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.
FORTIS LONG 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: SELL Below 136 SL 140 TGT 123SELL FORTIS only BELOW 136 with Stop-loss of 140 and Target of 123. Looks good for SELL as its been in a downtrend with higher volumes. Risk is only for 4 vs target of 13
Reliable Method to find Price reverable AreaDoctor Andrew has mentioned a reliable method which is used to find the area where price get a reaction from the prevailing trend. Although the stock is falling vertically and have already given 33% in just 6 bar and the market is also in turmoil but still we can test its reliability on it. Please learn as it can improve the trading significantly. step by step explanation is as under
First we draw a Multi Pivot Line : A line drawn across 3 or more pivots without touching prices in between.
The next step is to locate a previous low or high pivot point to use for drawing an action line.
Next, a parallel line was drawn to the right of the C/L, Notice that it is the same distance from the C/L as the corresponding Action line.
The Law of Physics stated by Newton that Action and Reaction are equal and opposite is applied and it works wonderfully.
Please share your experience or doubts here.
FortisSome interesting levels to watchout for . will pickup at 106 and keep adding till 75. Hospital business can never go down so cheaply
Fortis Healthcare- Positive Not a SEBI registered investment advisor
Please consult your financial adviser before making any investment decisions
This idea is purely based on my analysis, not a recommendation to trade
Stock is in an uptrend after reversing
from a prior downtrend
stock has taken support from the support
line of the channel.
Stock took support and started moving upwards from
the Ichimoku cloud and future cloud is positive too.
Stock also turned positive on MACD
Also turned positive on the Awesome Oscillator indicator
The stock looks positive and can hit the
upper end of the channel in short term
