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.
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.