‹ All Posts
Unite Technologies Financial

12th Apr · SEBI-Registered Analyst

Technical Analysis Fortis Healthcare.

The stock

FORTIS
had a massive upward rally throughout most of 2025 peaking near the 1100 level. After hitting that peak the stock entered a clear downtrend or correction phase. It started making lower highs and lower lows which shows that sellers were in control. The stock is currently trading around 847.85. Support the immediate psychological and technical support is around 800. If the price falls below this the next strong safety net is at the recent swing low near 760. Resistance the stock will face its first major hurdle in the 880 to 920 zone. In the past, the price spent some time in this area before breaking down so old buyers trapped there might try to sell. New Buyers it is best to wait for either a clear breakout above the 920 resistance with strong volume or a dip near the 800 support for a safer risk-reward entry. Existing Holders you can continue holding your positions, but make sure to maintain a strict stop-loss below the 760 level to protect against any sudden downside risk. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.

#WatchOutFor#Today’sTradingSetup#EquityResearch#TechnicalViews
626 likes·64 comments