Fortis healthcare has been reciprocating between a range(around 25% ie. big) since Aug. 2021
I entered two times after the range form 1st-aound 24 feb 2022 (there is huge gap down because it open at bottom support range and pump up so I entered) booked around 25%>>> 2nd recently 14 June ( after entry , huge consolidate near support level but I intact, again 23%...
buy 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...
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...
Here 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.
Double top pattern in Fortis near major RESISTANCE ZONE and a good divergence hikes its chances to hit the target. Let's see.
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Thank You
NSE: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...
Fortis 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.
