Fortis Major Breakout Zone: ₹970

FORTIS

Immediate Resistance: ₹965 Major Breakout Zone: ₹970 Target 1: ₹995 Target 2: ₹1025 Stop Loss: ₹928 Why Fortis Looks Strong ✅ Healthcare sector showing relative strength ✅ Stock trading above major moving averages ✅ Strong Q3 FY26 revenue growth of 17% YoY ✅ Multiple analysts tracking bullish breakout structure ✅ Near important resistance zone — breakout above ₹970 can trigger momentum buying Risk Factors ⚠️ Option data currently shows lower PCR (0.53), indicating cautious sentiment in derivatives positioning. ⚠️ Stock has mixed technical signals in the short term and may remain volatile near resistance. Trading Strategy Aggressive traders can buy near ₹945–950 with strict SL. Fresh momentum trade only above ₹970 breakout with volume confirmation. Healthcare space remains favorable for swing trading setups currently. For momentum traders, Fortis can become a strong breakout stock if Nifty stays supportive tomorrow.