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CA Omkar Bhutada - SEBI Reg IA

28th Jun · SEBI-Registered Analyst

Make or break level

$FORTIS 2. What is Happening? Price has rallied from approximately: ₹790 → ₹1000 Now it is simply pulling back. This is normal. Every impulsive move needs consolidation. 3. Resistance Zone The important resistance lies around: ₹990–1005 Price has rejected this area twice. So yes... Resistance is real. But repeated tests often weaken resistance. 4. Support Levels Immediate Support ₹945–950 If this fails: Next Support ₹920–925 Strong Support ₹900 Major Support ₹810 For the stock to reach ₹880, it would first have to decisively lose ₹945, then ₹920, then ₹900. Based on the chart alone, that sequence has not yet started.

#StockInNews#WatchOutFor#Today’sTradingSetup#TechnicalViews#EquityResearch
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