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FORTIS
Fortis Healthcare: Company announced that following SEBI approval, letters of offer (LoF) for the Fortis Open Offer & Malar Open Offer have been updated to reflect material information. (Positive
Fortis Healthcare Ltd. is showing a strong uptrend pattern on the daily chart, maintaining consistent higher highs and higher lows since April 2025. The trendline drawn from the February–March lows confirms steady bullish momentum with price respecting support levels. Recently, the stock broke above the ₹1,000 mark with strong bullish candles, signaling renewed buying interest. The short-term consolidation near ₹1,050–₹1,080 suggests profit booking after a sharp rally, but as long as the price stays above ₹1,000, the trend remains positive. A decisive close above ₹1,080 could open the next upside potential toward ₹1,150–₹1,200 levels, while support lies around ₹980 and then ₹900.#FundamentalViews#TechnicalViews

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