Fortis Healthcare, a leading Indian healthcare provider, presents a compelling opportunity for swing trading.
Reasons are listed below :
Target - 500 // 525
Stoploss - daily close below 420
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
Reasons are listed below :
- Breakout from Key Resistance Zone: The 450 level has acted as a strong resistance, being tested multiple times. The price is now breaking out of this zone, indicating strong upward momentum.
- Bullish Engulfing Candle on Daily Timeframe: The recent daily candle engulfed the previous 7 daily candles, signaling a significant shift toward bullish sentiment and indicating potential for further upward movement.
- Breaking 4-Month Consolidation Phase: The stock has broken out of a consolidation phase that lasted over 4 months, suggesting a new bullish trend might be forming.
- Bounce from Golden Fibonacci Zone: The price retraced to the 0.618 Fibonacci retracement level and bounced back, indicating strong support and reinforcing the potential for a continued bullish trend.
- Trading Above 50 and 200 EMA on Daily Timeframe: Fortis Healthcare is trading above both the 50-day and 200-day exponential moving averages, a strong indicator of a sustained uptrend.
- Trading at All-Time High: The stock is currently at its all-time high, suggesting strong market interest and potential for further growth. However, caution is advised as all-time highs can also attract profit-taking or indicate overbought conditions.
Target - 500 // 525
Stoploss - daily close below 420
DISCLAIMER -
Decisions to buy, sell, hold or trade in securities, commodities and other investments involve risk and are best made based on the advice of qualified financial professionals. Any trading in securities or other investments involves a risk of substantial losses. The practice of "Day Trading" involves particularly high risks and can cause you to lose substantial sums of money. Before undertaking any trading program, you should consult a qualified financial professional. Please consider carefully whether such trading is suitable for you in light of your financial condition and ability to bear financial risks. Under no circumstances shall we be liable for any loss or damage you or anyone else incurs as a result of any trading or investment activity that you or anyone else engages in based on any information or material you receive through TradingView or our services.
@visionary.growth.insights
บันทึก
Price retested to 450 levels and is now breaking out forming a bullish engulfing candleบันทึก
we can add some quatity hereบันทึก
price action building up, hold!ปิดการเทรด: ถึงเป้าหมายการทำกำไร
1st target achieved : 12%++บันทึก
daily close above 500 will trigger further upmoveบันทึก
undergoing accumulationบันทึก
HOLD!บันทึก
all time high close, hold!ปิดการเทรด: ถึงเป้าหมายการทำกำไร
2nd target achieved : 17%++บันทึก
made a new all time high Achieved 19%++
บันทึก
made a high of 24%++บันทึก
made a high of 30%++บันทึก
made a high of 37%++บันทึก
Achieved 42%++บันทึก
made a new all time high of 45%++บันทึก
Achieved 52%++บันทึก
Achieved 63%++บันทึก
new all time high daily close
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมที่ ข้อกำหนดการใช้งาน