Nifty is trading below bollinger basis line (green line), to make nifty bull case senario, it has to give breakout above that green line.
If breakout not done - selling at high is good strategy.
If breakout done - Buy at breakout with sl below that green line.
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...