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Arpit Goel

19th Jun 2025 · SEBI-Registered Analyst

FORTIS
Technical Analysis

FORTIS
Healthcare is maintaining a strong uptrend, with price action respecting a rising trendline since early May 2025. The stock recently witnessed a breakout above the ₹745–750 resistance zone but is currently retesting this zone, now acting as support. Despite a mild pullback to ₹751.90, the overall structure remains bullish as long as the price holds above ₹745 and the trendline. A successful bounce from these levels could lead to a retest of the recent highs near ₹775–780, while a breakdown below ₹745 with strong volume might signal short-term weakness and open downside toward ₹720.

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