Wednesday, June 20, 2012

Fortis Healthcare -A MultiBagger,Buy/Sell/Hold,Growth Pospects and Recomendation,News and Results,Target Price and Analysis,Views and Outlook,Hot Stocks/Picks


Fortis Healthcare (FORTIS )Closes  at  `98.85 with a GAIN of +0.30%on 19 June 2012 with formation of  a Bullish Engulfing on Daily  Price Chart .Technically, FORTIS is in Bearish Phase and Like to Give Positive Break-Out.Major Momentum Indicators ie MACD  HACo are also Bearish.
We Recommend to BUY:   FORTIS       at   CMP                
Target : `103.70/117
Stop: Loss :`90.00
 Time Frame: 5-15 Trading Days
Editor’s Note : This Article is written by Vina S Singh, Senior  Chartist at  www.niftynext.com , which is a Technically Based Quant Research Firm at M/S Durgapur Holdings in Durgapur, West Bengal, India that covers all Stocks(Trades at NSE) & In-Depth Analysis of Indian Equity Market,Major World Indicies,Bonds,ETFs. We use Ami Broker Charting Software (V-5.50),Pattern Explorer & AmiTools-Power Scan(V-1.3.6).You can reach the Chartist here mail@niftynext.com Or Over Phone at +91 80171 98633 Or SMS at +91 880 2230 836

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