Fortis Healthcare may move to Rs 225-230 today

On the weekend Ashwani Gujral of ashwanigujral.com told, "Fortis Healthcare is very close to its 200-day moving average, so it hardly has a Rs 10 stoploss. You can keep Rs 180 as a stoploss. If the stock restarts its move, then ride it up to Rs 225-230. If it takes out Rs 180, the stock probably becomes fairly week. But it has corrected quite a bit and I would expect that it should restart its rally."

Fortis Healthcare finished at Rs 190.65, lower Rs 7.15, or 3.61% on the Bombay Stock Exchange.

Also Read:

Ashwani Gujral suggests preferring Whirlpool, Hitachi Homes, LIC Housing Finance

 

ITC may touch Rs 345, Escorts Rs 800

Tata Motors, HDFC Bank, Infosys down: Indian ADRs

 

Related News

Join NewsTrack Whatsapp group