FORTIS trade ideas
FORTISNSE:FORTIS
One Can Enter Now ! Or Wait for Retest of the Trendline (BO) Or wait For better R:R ratio
Note :
1.One Can Go long with a Strict SL below the Trendline or Swing Low of Daily Candle.
2. Close, should be good and Clean.
3. R:R ratio should be 1 :2 minimum
4. Plan as per your RISK appetite
Disclaimer : You are responsible for your Profits and loss, Shared for Educational purpose
Fortis Healthcare Ltd
- break out after 675 Days of consolidation
- Targets as per fibonocci
- Stop Loss - 270
Market Cap
₹ 23,419 Cr.
Current Price
₹ 310
High / Low
₹ 325 / 220
Stock P/E
43.7
Book Value
₹ 95.9
Dividend Yield
0.00 %
ROCE
11.1 %
ROE
7.98 %
Face Value
₹ 10.0
Promoter holding
31.2 %
EPS last year
₹ 7.80
EPS latest quarter
₹ 1.76
Debt
₹ 926 Cr.
Pledged percentage
0.00 %
Net CF
₹ -22.7 Cr.
Price to Cash Flow
28.5
Free Cash Flow
₹ 381 Cr.
Debt to equity
0.13
OPM last year
17.5 %
OPM 5Year
13.6 %
Reserves
₹ 6,487 Cr.
Price to book value
3.23
Int Coverage
6.73
PEG Ratio
1.04
Fortis Healthcare India Sun Storm Investment Trading Desk & NexGen Wealth Management Service Present's: SSITD & NexGen Portfolio of the Week Series
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FORTIS Breakout and retest completeFORTIS Breakout and retest completed good to see 1:2 Risk Reward ratio. Head and Solder Breakout and neck line retest done
Long Postion : 270
Target : 312
Stop loss : 250
Above given level only for educational purpose before take trade consult your financial advisery. Target will reach on positional basis only