Fortis :: LONG Buildup Low Risk
Fortis :: LONG Buildup Low Risk
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-- Buy at Current Levels 255 - 265
-- Initial S/L 245 for ST Traders ( 232 for LT)
-- Add more when price sustains or retraces to FIB levels above..
-- Trail S/L using FIB Levels or SuperTrend indicator
Reasons for increased probability::
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-- RSI Divergence and price Gapping up near Parallel Channel Bottom.
-- Price near multi-year Resistance Line,, Rewards will be good if the upcoming results are good
/**
Caution : Midcap Healthcare stock... Prefer allocating <10% of your capital.
This is just a probability and trade only if you know about "Risk Management".
Consult your financial advisor to know more about the risks associated with buying / selling shares.
**/
-------------------------------------
-- Buy at Current Levels 255 - 265
-- Initial S/L 245 for ST Traders ( 232 for LT)
-- Add more when price sustains or retraces to FIB levels above..
-- Trail S/L using FIB Levels or SuperTrend indicator
Reasons for increased probability::
----------------------------------------------
-- RSI Divergence and price Gapping up near Parallel Channel Bottom.
-- Price near multi-year Resistance Line,, Rewards will be good if the upcoming results are good
/**
Caution : Midcap Healthcare stock... Prefer allocating <10% of your capital.
This is just a probability and trade only if you know about "Risk Management".
Consult your financial advisor to know more about the risks associated with buying / selling shares.
**/
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