Fortis all set to gearup after 3 year consolidationFundamentally 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.
FORTIS trade ideas
Fortis Health moving up with good volumes after a slight pullback. Above the 9WMA and can inch to levels of 152, 160, 170 pretty soon. Weekly and monthly charts also looking bullish.
Charts for personal trading purpose.
FORTIS - Multiyear Channel breakout weeklyNSE:FORTIS Levels already mentioned..
Note:
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BUY FORTIS on 15 DecBUY 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
FORTIS : WEEKLY , CUP & HANDLE, Positional for 20% GAINFortis Weekly chart forming CUP & HANDLE , and 1D Chart forming U pattern..
Highly Bullish for approx 1 month holding for 20% gain only ABOVE 145.
As there is a 50 moving average resistance near 145 level.
Buy only above 145 .
FORTIS ABOVE 145 STRONG MOMENTUM EXPECTED price constantly touching resistance zone , retraced 0.386 from last swing low , one can buy above mentioned price for targets mentioned on chart, do your own analysis before entering in any idea shared here.thank you
Fortis Long candidateIT is comfortably trading above 200 ema. if it take its swing high above 200 ema. you will see a good momentum till 150 to 156 or even 160 levels.
stop loss will be low closing below low of 6th oct 2020 low or 200 ema. based on your risk apetite
Fortis healthcare share at BO level.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 than you can afford to lose on a single trade. Please keep patience & wait for the levels means Sit and wait for the right opportunity. Request to like & follow for more such ideas of technical analysis learning.The idea sharing is for educational purpose only. In case any suggestion advice required feel free to ask .
FORTIS HealthcareCMP 125.05
Here Taken 2 - 3 Times 115 Support and 115 is also 38% Fib Retracement Level.
Next,
It is sustained above 115 for last few days.
It will Bullish above 128 Close for Targets 137, 160+
Support 115.
Risk is yours and Reward is too yours totally.
Thank You.
Educational Purpose Only.
FORTIS STRATEGY - COMMENT DOWN YOUR ADVISECOMMENT DOWN YOUR ADVICE....
THIS IS MY 1ST ANALYSIS SO CORRECT ME IF I AM WRONG.
Fortis Health looks goodFortis has absorbed many negative news about Singh's brother and able to hold 130 to 140 zone
Buy at 140
T1 = 155
T2 = 170
T3 = 185
and more as per Fib ratios on chart
SL 127.7
FORTIS HEALTHCARE (Fortis Healthcare Ltd) BUY ABOVE 122FORTIS HEALTHCARE (Fortis Healthcare Ltd) BUY ABOVE 122
