Fortis :: LONG Buildup Low Risk

Fortis :: LONG Buildup Low Risk
-------------------------------------

-- 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.
**/