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rahul.u.bhagwat
Jul 18, 2017 12:44 PM

FORTIS HLTH : Agressive Traders only..! Long

FORTIS HLTH (INDIANSE

Description

Today Fortis Heath has formed a Inside Bar in a Falling Market with Huge Volumes.
It looks like Fortis Health has build a Base at 142.15 levels or so.
Yesterday it checked those levels where it has found support on 5 times earlier.
Hence it is a strong support & expected to hold.

We can buy at 150 levels and look initially for targets of 155/160/164.
I suggest taking profits once it starts approaching its Tangent Resistance Levels.
Thereon we can close multiday positions & trade intraday if the market say's so.

Please note that Option Traders are not suggested even though they may give Bountyful returns due to approaching expiry.



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