Trade Fortis for short term: Deepak Mohoni, trendwatchindia.com
Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Fortis.
By 
|
| Deepak Mohoni, Director, trendwatchindia.com, in a chat with ET Now talks about Fortis.
Fortis at 154-155, is there any trade that you would initiate?
Short term strictly. The stock has done some fairly interesting movement today. There was that huge sell off and again a rally on very high volume. So there has been quite a shakeout in the stock from those who are nervous holding it.
We are now seeing demand coming in. Long term not so great but for the next day or two ahead, it might give some positive returns provided there is no negative news. The stock is little too much in the news though.
Fortis at 154-155, is there any trade that you would initiate?
Short term strictly. The stock has done some fairly interesting movement today. There was that huge sell off and again a rally on very high volume. So there has been quite a shakeout in the stock from those who are nervous holding it.
We are now seeing demand coming in. Long term not so great but for the next day or two ahead, it might give some positive returns provided there is no negative news. The stock is little too much in the news though.
Too busy to trade in stocks? Invest in Mutual Funds with ET Money!
Bookmark or read stories offline -
Download ET Markets APP
Download ET Markets APP
Related Articles
Indian envoy holds talks with senior Chinese commerce ministry official on trade ties2026-06-29T16:08:21Z- Market Trading Guide: Finolex Cables among 2 stock recommendations for Tuesday2026-06-29T14:55:24Z
- Two Trades for Today: A top industrial explosives maker for a 6.7% rise, a mid-cap brewery stock for a 7% gain2026-06-29T13:52:29Z
ADVERTISEMENT
